Common use of Supplemental Insurance Clause in Contracts

Supplemental Insurance. In addition to the coverage provided under its present D&O liability insurance policies, the Company will, as soon as feasible following Indemnitee's request therefor, use its best efforts to obtain and maintain in force one or more supplemental D&O liability policies that will provide it and Indemnitee with unlimited tail coverage with respect to claims made against Indemnitee or for which he may be held liable. The Company shall pay all premiums required to obtain and maintain such coverage.

Appears in 6 contracts

Samples: Stock Repurchase Agreement (Osicom Technologies Inc), Stock Repurchase Agreement (Osicom Technologies Inc), Stock Repurchase Agreement (Osicom Technologies Inc)

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