Common use of D&O Insurance Coverage Clause in Contracts

D&O Insurance Coverage. During the Term and for a period of not less than six (6) years thereafter, the Company shall maintain in effect a directors and officers liability insurance policy that covers the Chairman with liability coverage that is not less than that currently maintained by the Company.

Appears in 2 contracts

Sources: Non Executive Chairman Agreement (RAIT Financial Trust), Non Executive Chairman Agreement (RAIT Financial Trust)