Common use of Insurance and Indemnification Clause in Contracts

Insurance and Indemnification. For the period from the Effective Date through at least the tenth anniversary of the Employee's termination of employment from the Employer, the Employer shall maintain the Employee as an insured party on all directors' and officers' insurance maintained by the Employer for the benefit of its directors and officers on at least the same basis as all other covered individuals and provide the Employee with at least the same corporate indemnification as it provides to the peer executives of the Employer.

Appears in 13 contracts

Samples: Employment Agreement (Quanta Services Inc), Employment Agreement (Quanta Services Inc), Employment Agreement (Quanta Services Inc)

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Insurance and Indemnification. For the period from the Effective Date date of this Agreement (as can be afforded) through at least the tenth anniversary of the Employee's Employees termination of employment from the Employer, the Employer shall maintain the Employee as an insured party on all directors' directors and officers' officers insurance maintained by the Employer for the benefit of its directors and officers on at least the same basis as all other covered individuals and provide the Employee with at least the same corporate indemnification as it provides to the peer executives of the Employer.

Appears in 5 contracts

Samples: Senior Executive Agreement (Native American Energy Group, Inc.), Senior Executive Agreement (Native American Energy Group, Inc.), Agreement (Native American Energy Group, Inc.)

Insurance and Indemnification. For the period from the Effective Date through at least the tenth anniversary of the Employee's ’s termination of employment from the Employer, the Employer shall maintain the Employee as an insured party on all directors' and officers' insurance maintained by the Employer for the benefit of its directors and officers on at least the same basis as all other covered individuals and provide the Employee with at least the same corporate indemnification as it provides to the peer executives of the Employer.

Appears in 1 contract

Samples: Employment Agreement (Quanta Services Inc)

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Insurance and Indemnification. For the period from the Effective Date date of this Agreement through at least the tenth anniversary of the Employee's ’s termination of employment from the Employer, the Employer shall maintain the Employee as an insured party on all directors' and officers' insurance maintained by the Employer for the benefit of its directors and officers on at least the same basis as all other covered individuals and provide the Employee with at least the same corporate indemnification as it provides to the peer executives of the Employer.

Appears in 1 contract

Samples: Agreement (On Assignment Inc)

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