Common use of D&O Insurance Clause in Contracts

D&O Insurance. For a period of at least six years after the Board Member has ceased to provide services to the Fund, the Fund shall purchase and maintain in effect, through “tail” or other appropriate coverage, one or more policies of insurance on behalf of the Board Member to the maximum extent of the coverage provided to the active members of the Board of Trustees of the Fund.

Appears in 55 contracts

Samples: Administration Agreement (Capital Group New Geography Equity ETF), Administration Agreement (Capital Group Conservative Equity ETF), Administration Agreement (Capital Group International Core Equity ETF)

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D&O Insurance. For a period of at least six years after the Board Member has ceased to provide services to the Fund, the Fund shall purchase and maintain in effect, through "tail" or other appropriate coverage, one or more policies of insurance on behalf of the Board Member to the maximum extent of the coverage provided to the active members of the Board of Trustees [Directors] [Trustees] of the Fund.

Appears in 5 contracts

Samples: Indemnification Agreement (Income Fund of America Inc), Indemnification Agreement (Cash Management Trust of America), Indemnification Agreement (Fundamental Investors Inc)

D&O Insurance. For a period of at least six years after the Board Member has ceased to provide services to the Fund, the Fund shall purchase and maintain in effect, through “tail” or other appropriate coverage, one or more policies of insurance on behalf of the Board Member to the maximum extent of the coverage provided to the active members of the Board of Trustees Directors of the Fund.

Appears in 3 contracts

Samples: Indemnification Agreement (Emerging Markets Growth Fund Inc), Indemnification Agreement (International Growth & Income Fund, Inc.), Indemnification Agreement (Short-Term Bond Fund of America)

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D&O Insurance. For a period of at least six years after the Board Member has ceased to provide services to the Fund, the Fund shall purchase and maintain in effect, through "tail" or other appropriate coverage, one or more policies of insurance on behalf of the Board Member to the maximum extent of the coverage provided to the active members of the Board of Trustees Directors of the Fund.

Appears in 1 contract

Samples: Form of Indemnification Agreement (Washington Mutual Investors Fund Inc)

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