The term Wrongful Clause Samples
The term Wrongful. Act for purposes of the Directors and Officers Coverage shall mean any actual or alleged error, misstatement, misleading statement, act or omission or neglect or breach of duty by the Directors and Officers in discharge of their duties solely in their capacity as Directors and Officers of the entity.
The term Wrongful. Employment Practices shall mean:
1. The liability imposed upon the Insured for the failure to prevent, investigate, correct, or otherwise take remedial measures concerning any unwelcome sexual advances, requests for sexual favors and other verbal, visual or physical conduct of a sexual nature when:
a. Submission to such conduct is made either explicitly or implicitly a term or condition of an individual’s employment; or
b. Submission to or rejection of such conduct by an individual is used as a basis for employment decisions affecting such individual; or
c. Such conduct has the purpose or effect of unreasonably interfering with an individual’s work performance or creating an intimidating, hostile or offensive work environment.
2. Actual or alleged wrongful termination by an Insured of an employee of the Insured.
3. Actual or alleged discrimination by an Insured against an employee of the Insured or an applicant for employment with the Insured.
4. Actual or alleged violation of any federal, state or municipal statute, law or regulation, protecting the rights of employees.