Expenses and Insurance Sample Clauses

Expenses and Insurance. With respect to services provided by Executive to the Departure Date and pursuant to this Agreement, the Company shall (a) reimburse Executive for reasonable expenses incurred in the performance of Executive’s services, (b) maintain Director and Officer insurance coverage for Executive consistent with that provided to other Company directors and officers, and (c) provide Executive with full indemnification as permitted by law.
AutoNDA by SimpleDocs
Expenses and Insurance. The Company shall reimburse the directors appointed by the holders of Preferred Shares for all reasonable expenses relating to all Board activities, including, without limitation, expenses or fees incurred in relation to attending the Board meetings. The Company shall purchase and at all times maintain director’s and officer’s indemnity insurance policies for the benefit of the Directors on terms and in amounts approved by the Board.
Expenses and Insurance. The Company shall reimburse all persons serving as directors, consistent with the Company's policies for such reimbursement, if any, for their actual and reasonable out-of-pocket expenses incurred in attending meetings of the Board of Directors and all committees thereof. In addition, the Company shall maintain directors' and officers' liability insurance from reputable insurers of sound financial standing in such amounts as shall be reasonably requested by the Board of Directors.
Expenses and Insurance. Parent shall reimburse all persons serving as directors, consistent with Parent's policies for such reimbursement, if any, for their actual and reasonable out-of-pocket expenses incurred in attending meetings of the board of directors of Parent and all committees thereof. In addition, Parent shall maintain directors' and officers' liability insurance from reputable insurers of sound financial standing.
Expenses and Insurance. 19 5.3 Failure to Designate a Nominee.................................. 19
Expenses and Insurance. The Company shall pay each director, including reimbursement of expenses, in connection with attending the meetings of the Board, any Sub Board and any committee thereof as provided by resolution of the Board of Directors. The Company shall use commercially reasonable efforts to maintain in full force and effect the directors and officers indemnity insurance policy as in effect as of the date hereof or such other policy as shall be approved by resolution of the Board of Directors.
Expenses and Insurance. The Company shall reimburse the Series B Directors and Series C Director for all reasonable expenses relating to all Board activities, including, without limitation, expenses or fees incurred in relation to attending the Board meetings or meetings of any committee. The Company shall, upon the request of the Board, purchase and at all times maintain director’s and officer’s indemnity insurance policies with a carrier and in an amount consistent with industry practice and satisfactory to the Board.
AutoNDA by SimpleDocs
Expenses and Insurance. 9.1 We shall reimburse you in respect of all expenses reasonably incurred by you in the proper performance of your duties, subject to you providing such receipts or other evidence as we may require.
Expenses and Insurance. The director elected pursuant to Section 5.2 shall be entitled to receive such fixed sum or stated salary for services as determined by the Board. The Company may obtain and maintain director and officer indemnity insurance coverage. Indemnification and exculpation of directors shall be as set forth in the Company Governing Documents.
Expenses and Insurance 
Time is Money Join Law Insider Premium to draft better contracts faster.