Common use of Directors & Officers Insurance Clause in Contracts

Directors & Officers Insurance. During the Employee’s term of employment and thereafter for six years after the Employee’s employment terminates, Employee shall be entitled to coverage under the Company’s directors and officers liability insurance policy and any other insurance policy providing coverage to directors or officers of the Company, subject to the terms of such policies, in effect at any time in the future to no lesser extent than any other officers or directors of the Company.

Appears in 6 contracts

Samples: Fourth Amended Severance Compensation Agreement (Pershing Gold Corp.), Third Amended Severance Compensation Agreement (Pershing Gold Corp.), Second Amended Severance Compensation Agreement (Pershing Gold Corp.)

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