Common use of Indemnification; Insurance Clause in Contracts

Indemnification; Insurance. The Executive shall be entitled to liability and expense indemnification and reimbursement to the fullest extent permitted by the Company’s current By-laws and Certificate of Incorporation, whether or not the same are subsequently amended. During the Term, the Company will use commercially reasonable efforts to maintain in effect directors’ and officers’ liability insurance no less favorable to Executive than that in effect as of the date of this Agreement.

Appears in 16 contracts

Samples: Employment Agreement (Novavax Inc), Employment Agreement (Novavax Inc), Employment Agreement (Novavax Inc)

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Indemnification; Insurance. The Executive shall be entitled to liability and expense indemnification indemnification, advancement of expenses and reimbursement to the fullest extent permitted by the Company’s current By-laws and Certificate of Incorporation, whether or not the same are subsequently amended. During the Term, the Company will use commercially reasonable efforts to maintain in effect directors’ and officers’ liability insurance no less favorable to Executive than that in effect as of the date of this Agreement.

Appears in 4 contracts

Samples: Employment Agreement (Novavax Inc), Employment Agreement (Novavax Inc), Employment Agreement (Novavax Inc)

Indemnification; Insurance. The Executive shall be entitled to liability and expense indemnification indemnification, advancement of expenses and reimbursement to the fullest extent permitted by the CompanyEmployer’s current By-laws and Certificate of Incorporation, whether or not the same are subsequently amended. During the Term, the Company Employer will use commercially reasonable efforts to maintain in effect directors’ and officers’ liability insurance no less favorable to Executive than that in effect as of the date of this Agreement.

Appears in 4 contracts

Samples: Retirement Agreement and General Release (Misonix Inc), Employment Agreement (Misonix Inc), Employment Agreement (Misonix Inc)

Indemnification; Insurance. The Executive shall be entitled to liability and expense indemnification and reimbursement to the fullest extent permitted by the Company’s current Amended and Restated By-laws and Second Amended and Restated Certificate of Incorporation, whether or not the same are subsequently amended. During the Term, the Company will use commercially reasonable efforts to maintain in effect directors’ and officers’ liability insurance no less favorable to Executive than that in effect as of the date of this Agreement.

Appears in 3 contracts

Samples: Employment Agreement (Novavax Inc), Employment Agreement (Novavax Inc), Employment Agreement (Novavax Inc)

Indemnification; Insurance. The Executive shall be entitled to liability and expense indemnification and reimbursement to the fullest extent permitted by the Company’s 's current Amended and Restated By-laws and Second Amended and Restated Certificate of Incorporationlncorporation, whether or not the same are subsequently amended. During the Term, the Company will use commercially reasonable efforts to maintain in effect directors' and officers' liability insurance no less favorable to Executive than that in effect as of the date of this Agreement.

Appears in 1 contract

Samples: Employment Agreement (Novavax Inc)

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Indemnification; Insurance. The Executive shall be entitled to liability and expense indemnification and reimbursement to the fullest extent permitted by the Company’s 's current Amended and Restated By-laws and Second Amended and Restated Certificate of Incorporation, whether or not the same are subsequently amended. amended During the Term, the Company will use commercially reasonable efforts to maintain in effect directors' and officers' liability insurance no less favorable to Executive than that in effect as of the date of this Agreement.

Appears in 1 contract

Samples: Employment Agreement (Novavax Inc)

Indemnification; Insurance. The Executive shall be entitled to liability and expense indemnification indemnification, advancement of expenses and reimbursement to the fullest extent permitted by the Company’s current By-laws and Certificate of Incorporation, whether or not the same are subsequently amendedin effect from time to time. During the Term, the Company will use commercially reasonable efforts to maintain in effect directors’ and officers’ liability insurance no less favorable to Executive than that in effect as of the date of this Agreement.

Appears in 1 contract

Samples: Employment Agreement (Novavax Inc)

Indemnification; Insurance. The Executive shall be entitled to liability and expense indemnification and reimbursement to the fullest extent permitted by the Company’s current Amended and Restated By-laws and Second Amended and Restated Certificate of Incorporation, whether or not the same are subsequently amendedas in effect from time to time. During the Term, the Company will use commercially reasonable efforts to maintain in effect directors’ and officers’ liability insurance no less favorable to Executive than that in effect as of the date of this Agreement.

Appears in 1 contract

Samples: Employment Agreement (Novavax Inc)

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