Outside Positions Sample Clauses
Outside Positions. If this Extension is shown as Included in Item 5 of the Schedule, the Underwriters agree to indemnify the Insured for any Claims for Wrongful Act, brought against an Insured Person who at the specific request or direction of a Named Insured, acts as an Executive or equivalent thereof of an Outside Entity but only whilst that person is acting in their capacity as such. Any such person shall be referred to herein as an Outside Position Insured Person. The extent of indemnity afforded by Underwriters shall be in excess of any indemnification from an Outside Entity and any other insurance coverage provided to an Outside Entity or its executives, directors, officers, trustees, or equivalent.
Outside Positions. Executive, with the knowledge and written consent of the Company's Chief Executive Officer, may serve on the Board of Directors of other companies and institutions, and may serve in other outside positions requiring minimal time commitments during the course of her Agreement with the Company, as long as such service does not interrupt Executive in the performance of her duties as the full-time Executive Vice President, Pharmaceutical Services of the Company or other then-current position with the Company.
Outside Positions. You must consult with the Board before accepting any outside position, including as a member of a board of directors and/or positions on committees of such board of directors.