Directors and Officers Liability Policy. The Company agrees to use reasonable efforts to maintain directors and officers liability insurance covering the Executive in a reasonable and adequate amount determined by the Company.
Directors and Officers Liability Policy. You will be covered under the Company's directors' and officers' liability insurance policy, which shall provide coverage in an amount and upon terms customary to similarly situated companies. The Company shall maintain such policy throughout the duration of your employment.
Directors and Officers Liability Policy. The Company maintains a Directors’ and Officers’ liability insurance policy. Such policy is in full force and effect, and has not been modified, cancelled or terminated and the Company has not received any notice of cancellation, modification or non renewal.
Directors and Officers Liability Policy. The Company agrees to use commercially reasonable efforts to obtain a directors and officers liability insurance policy covering the Executive in an amount and in accordance with terms no less favorable than that policy in effect upon the Commencement Date. The Company shall use its commercially reasonable efforts to maintain during the Term of Employment (and for so long thereafter as is practicable in the circumstances taking account of prevailing conditions as to availability of such insurance) coverage to the Executive in an amount at least equal to that maintained immediately prior to the Commencement Date.
Directors and Officers Liability Policy. Various provisions in this Policy restrict coverage. Read the entire Policy carefully to determine rights, duties and what is and is not covered. Words and phrases that appear in bold face have the special meanings set forth in DEFINITIONS section VII of the Policy. Words that appear in the singular include the plural and words that appear in the plural include the singular. The Limit of Liability as specified in the Schedule shall be the Insurer’s maximum liability for each Claim and in the aggregate during the Policy Period including any and all payments owed by the Insurer for Losses and/or Defence Costs. In consideration of the payment of the premium and subject to all the terms, conditions and limitations of this Policy the Insurer and the Policyholder agree as follows.
Directors and Officers Liability Policy. The Company agrees to use commercially reasonable efforts to obtain and maintain directors and officers liability insurance covering the Executive in such amount and subject to such allowances, deductions, exclusions, reserves and other limitations as the Company, in its sole and absolute discretion, determines.
Directors and Officers Liability Policy. The Company will use its best efforts to obtain a Directors' and Officers' liability insurance policy. ARTICLE V COVENANTS OF INVESTOR Section 5.1 COMPLIANCE WITH LAW; TRADING IN SECURITIES. Investor's trading activities with respect to shares of the Common Stock will be in compliance with all applicable state and federal securities laws, rules and regulations and the rules and regulations of FINRA and the Principal Market on which the Common Stock is listed or quoted. Section 5.2 SHORT SALES AND CONFIDENTIALITY. Neither Investor nor any affiliate of the Investor acting on its behalf or pursuant to any understanding with it will execute any Short Sales during the period from the date hereof to the end of the Commitment Period. For the purposes hereof, and in accordance with Regulation SHO, the sale after delivery of a Put Notice of such number of shares of Common Stock reasonably expected to be purchased under a Put Notice shall not be deemed a Short Sale. Other than to other Persons party to this Agreement, Investor has maintained the confidentiality of all disclosures made to it in connection with this transaction (including the existence and terms of this transaction). 12 ARTICLE VI
Directors and Officers Liability Policy. The Company does not currently maintain a Directors' and Officers' liability insurance policy, but may do so in the future.
Directors and Officers Liability Policy. The Company agrees to ----------------------------------------- use reasonable efforts to obtain or cause the Subsidiary to obtain a Directors and Officers Liability Insurance Policy covering the Executive. The Company shall use its reasonable efforts to maintain during the Term of Employment (and for so long thereafter as is practicable in the circumstances taking account of prevailing conditions as to availability of such insurance) coverage to the Executive in an amount at least equal to that maintained immediately prior to the Commencement Date.
Directors and Officers Liability Policy. Being negotiated through Xxxxxxxx Risk Services, an insurance agency through whom we have obtained many of our policies. We have quotes on two $2.5 million layers which we expect to bind within the next two weeks.
