Common use of Directors’ liability Clause in Contracts

Directors’ liability. The Certificate of Incorporation or By-laws of the Company will, at all times during which any nominee of any of the Investors serves as a director of the Company, provide for indemnification of the directors of the Company and limitations on the liability of the directors of the Company to the fullest extent permitted under applicable state law.

Directors’ liability. The Certificate of Incorporation or By-laws of the Company will, at all times during which any nominee of any of the Investors Holders serves as a director of the Company, provide for indemnification of the directors of the Company and limitations on the liability of the directors of the Company to the fullest extent permitted under applicable state law.