Director and Officer Liability Insurance. The Company shall maintain a customary director and officer liability insurance policy to insure the Director against any losses incurred in lawsuits or other legal proceedings brought against the Director in connection with the Director Services.
Appears in 11 contracts
Samples: Director Agreement (PS International Group Ltd.), Director Agreement (APRINOIA Therapeutics Inc.), Director Agreement (Genius Group LTD)
Director and Officer Liability Insurance. The Company shall (or one of its Subsidiaries) will maintain a customary director and officer liability insurance policy to insure coverage in amounts customary in the Director against any losses incurred in lawsuits or other legal proceedings brought against the Director in connection with the Director Servicesindustry.
Appears in 2 contracts
Samples: Securityholders Agreement (Diamond Resorts Corp), Securityholders Agreement (Diamond Resorts Parent, LLC)
Director and Officer Liability Insurance. The Company shall maintain a customary director and officer liability insurance policy to insure the Director against any losses incurred in lawsuits or other legal proceedings brought against the Director in connection with the Director Services. Such director and officer liability insurance policy shall provide such coverage as the Company, in its sole discretion, deems sufficient.
Appears in 1 contract
