D&O Coverage. During the Employment Period and for six years thereafter, the Executive shall be entitled to the same directors’ and officers’ liability insurance coverage that the Company provides generally to its other directors and officers, as may be altered from time to time for such directors and officers.
D&O Coverage. During the Term, the Company shall maintain directors and officers liability insurance for its directors and officers, in such amounts as the Company Board believes is reasonably necessary.
D&O Coverage. As long as the Company maintains directors and officers liability insurance, the levels of coverage shall not be reduced from those currently in effect as of the date of this Agreement.
D&O Coverage. The Company shall maintain director’s and officer’s liability insurance coverage with an insurer of national reputation in an amount reasonably determined by the Board to adequately to cover any director or officer liability in accordance with policy terms and the Company’s customary form indemnification agreement.
D&O Coverage. If immediately prior to Executive’s Date of Termination Executive was covered as an insured under Employer’s D&O Insurance, Employer will be obligated to continue Executive’s coverage under Employer’s D&O Insurance or provide Executive with similar coverage, in either case, on substantially the same terms and conditions until the third anniversary of the date of Executive’s Date of Termination.
D&O Coverage. For so long as, and only for so long as, the Employer continues to maintain directors’ and officers’ liability insurance, the Employer shall maintain a policy covering the Employee in the amount of $5,000,000 in the aggregate, or such greater amount of coverage as may be provided by the Employer to directors and officers generally after the Effective Date. The Employer will also use commercially reasonable efforts to obtain coverage for Employee under any such policy for six (6) years after Employee ceases being an officer or director.
D&O Coverage. In the event that GBB is unable to have Coast's and CCB's directors and officers added to GBB's directors' and officers' liability insurance policy pursuant to Section 7.2(d) hereof and upon GBB's request, Coast shall use commercially reasonable efforts to obtain (i) coverage for a period of at least 36 months following the Effective Time of the Merger for the directors and officers of Coast and CCB under a directors' and officers' liability insurance policy which is no less protective in terms of coverage or limitations than now possessed by GBB covering acts or omissions occurring prior to the Effective Time of the Merger and actions related to this Agreement, and (ii) coverage for a period of at least 36 months following the Effective Time of the Merger under a bankers' blanket bond which is no less protective in terms of coverage or limitations than now possessed by Coast and CCB covering acts or omissions occurring prior to the Effective Time of the Merger and actions related to this Agreement.
D&O Coverage. At all times during the Engagement, Executive shall be covered by Company’s Directors and Officers insurance policy, which shall be maintained in the ordinary course of business consistent with the past practices of the Company.
D&O Coverage. Employee shall be entitled to coverage by, and the benefits of, the Company’s D&O insurance coverage (the “D&O Coverage”), consistent with the terms of the D&O Coverage. The Company shall ensure that Employee is at all times covered by the D&O Coverage, or substantially similar coverage, during the Term of Employment and thereafter.
D&O Coverage. The Company will maintain a directors’ and officers’ liability insurance policy (or policies) providing coverage for the Executive that is at least as favorable to the Executive in any respect (including as to the length of any post-employment tail coverage) as the coverage then being provided to any other officer or director of the Company. The policy must be held with a reputable company, of the standard appropriate for CEOs of public companies.
