Common use of Termination during the Post-Change Period or Post-Significant Acquisition Period: Directors’ and Officers’ Liability Insurance Clause in Contracts

Termination during the Post-Change Period or Post-Significant Acquisition Period: Directors’ and Officers’ Liability Insurance. For a period of six years after the Termination Date (or for any known longer applicable statute of limitations period), the Company shall provide Executive with coverage under a directors’ and officers’ liability insurance policy in an amount no less than, and on terms no less favorable than, those provided to senior executive officers and directors of the Company on the Applicable Trigger Date.

Appears in 6 contracts

Samples: Control Employment Agreement (Baltimore Gas & Electric Co), Control Employment Agreement (Exelon Corp), Control Employment Agreement (Exelon Corp)

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