Common use of Directors and Officers Liability Clause in Contracts

Directors and Officers Liability. The Company shall keep in effect during and after the Period of Employment, a policy of directors' and officers' liability insurance for officers and directors of the Company at such reasonable amount of coverage as is agreed to by Executive and the Board from time to time and which insurance policy shall be on a claims-made basis.

Appears in 13 contracts

Samples: Employment Agreement (Emcor Group Inc), Employment Agreement (Emcor Group Inc), Employment Agreement (Emcor Group Inc)

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Directors and Officers Liability. The Company shall keep in effect during and after the Period of Employment, a policy of directors' and officers' liability insurance for officers and directors of the Company to the extent reasonably available, at such reasonable amount levels of coverage as is are agreed to by Executive and the Board from time to time and which insurance policy shall be on a claims-made basistime.

Appears in 7 contracts

Samples: Employment Agreement (Emcor Group Inc), Employment Agreement (Emcor Group Inc), Employment Agreement (Emcor Group Inc)

Directors and Officers Liability. The Company shall keep in effect during and after the Period of Employment, a policy of directors' and officers' liability insurance ("Insurance Policy") for directors and officers and directors of the Company at such reasonable amount of coverage as is are agreed to by Executive and the Board from time to time and which insurance policy Insurance Policy shall be on a claims-claims made basis.

Appears in 3 contracts

Samples: Employment Agreement (Emcor Group Inc), Employment Agreement (Emcor Group Inc), Employment Agreement (Emcor Group Inc)

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Directors and Officers Liability. The Company shall keep in effect during and after the Period of Employment, a policy of directors' and officers' liability insurance for officers and directors of the Company at such reasonable amount of coverage as is are agreed to by Executive and the Board from time to time and which insurance policy shall be on a claims-claims- made basis.

Appears in 1 contract

Samples: Employment Agreement (Emcor Group Inc)

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