Common use of D&O Liability Insurance Clause in Contracts

D&O Liability Insurance. The Employer shall maintain at all times a directors and officers liability insurance policy (the "D&O Policy") and the Employee shall be covered in his capacity as an officer of the Employer under the D&O Policy. The cost of such coverage shall be borne by the Employer. In addition, the Employee shall be entitled to indemnification from the Employer for any claim, loss, damage or expense made against or suffered by the Employee in his capacity as an officer of the Employer.

D&O Liability Insurance. The Employer shall maintain at all times a directors and officers liability insurance policy (the "“D&O Policy"”) and the Employee Executive shall be covered in his capacity as an officer of the Employer under the D&O Policy. The cost of such coverage shall be borne by the Employer. In addition, the Employee Executive shall be entitled to indemnification from the Employer for any claim, loss, damage or expense made against or suffered by the Employee Executive in his capacity as an officer of the Employer.

D&O Liability Insurance. The Employer shall maintain at all ----------------------- times a directors and officers liability insurance policy (the "D&O Policy") and the Employee shall be covered in his capacity as an officer of the Employer under the D&O Policy. The cost of such coverage shall be borne by the Employer. In addition, the Employee shall be entitled to indemnification from the Employer for any claim, loss, damage or expense made against or suffered by the Employee in his capacity as an officer of the Employer.

D&O Liability Insurance. The Employer shall maintain at all times a ----------------------- directors and officers liability insurance policy (the "D&O Policy") and the Employee shall be covered covered, both in his capacity as an officer and in his capacity as a director of the Employer and VTAI, under the D&O Policy. The cost of such coverage shall be borne by the Employer. In addition, the Employee shall be entitled to indemnification from the Employer for any claim, loss, damage or expense made against or suffered by the Employee in his capacity as an officer of the Employer.