Common use of DIRECTORS, OFFICERS AND ORGANIZATION LIABILITY Clause in Contracts

DIRECTORS, OFFICERS AND ORGANIZATION LIABILITY. Required Not required Directors, Officers and Organization insurance covering the Contractor’s Organization, Directors, Officers, and Trustees actual or alleged errors, omissions, negligent, or wrongful acts, including improper governance, employment practices and financial oversight - including improper oversight and/or use of use of grant funds and donor contributions which includes state or federal funds - with a combined single limit of no less than $_ _ per claim. CRIME PROTECTION COVERAGE: EMPLOYEE DISHONESTY or FIDELITY BOND Required Not required Third party Employee Dishonesty or Fidelity Bond coverages for loss of state-owned property by dishonest acts of an employee of the Contractor. Coverage limits shall not be less than $ .

DIRECTORS, OFFICERS AND ORGANIZATION LIABILITY. Required Not required Directors, Officers and Organization insurance covering the Contractor’s Organization, Directors, Officers, and Trustees actual or alleged errors, omissions, negligent, or wrongful acts, including improper governance, employment practices and financial oversight - including improper oversight and/or use of use of grant funds and donor contributions which includes state or federal funds - with a combined single limit of no less than $_ _ $ per claim. CRIME PROTECTION COVERAGE: EMPLOYEE DISHONESTY or FIDELITY BOND Required Not required Third party Employee Dishonesty or Fidelity Bond coverages for loss of state-owned property by dishonest acts of an employee of the Contractor. Coverage limits shall not be less than $ .

DIRECTORS, OFFICERS AND ORGANIZATION LIABILITY. Required Not required Directors, Officers and Organization insurance covering the Contractor’s Organization, Directors, Officers, and Trustees actual or alleged errors, omissions, negligent, or wrongful acts, including improper governance, employment practices and financial oversight - including improper oversight and/or use of use of grant funds and donor contributions which includes state or federal funds - with a combined single limit of no less than $_ _ _1,500,000 per claim. CRIME PROTECTION COVERAGE: EMPLOYEE DISHONESTY or FIDELITY BOND Required Not required Third party Employee Dishonesty or Fidelity Bond coverages for loss of state-owned property by dishonest acts of an employee of the Contractor. Coverage limits shall not be less than $ $1,300,000 .

DIRECTORS, OFFICERS AND ORGANIZATION LIABILITY. Required Not required Directors, Officers and Organization insurance covering the Contractor’s Organization, Directors, Officers, and Trustees actual or alleged errors, omissions, negligent, or wrongful acts, including improper governance, employment practices and financial oversight - including improper oversight and/or use of use of grant funds and donor contributions which includes state or federal funds - with a combined single limit of no less than $_ _ 1,000,000 per claim. CRIME PROTECTION COVERAGE: EMPLOYEE DISHONESTY or FIDELITY BOND Required Not required Third party Employee Dishonesty or Fidelity Bond coverages for loss of state-owned property by dishonest acts of an employee of the Contractor. Coverage limits shall not be less than $ .