Directors and officers Insurance Contract Clauses (70)

Directors and officers Insurance. The Company represents that it will use best efforts to maintain directors' and officers' liability insurance during the term of Executive's employment providing coverage to Executive on terms that are no less favorable than the coverage provided to the directors and senior most executives of the Company, subject to the terms and exclusions of the applicable policy.

Directors and officers Insurance. The Company shall ensure that during the Employment Term, the Company acquires and maintains directors and officers liability insurance covering the Executive to the extent it is available at commercially reasonable rates as determined by the Board. The provisions of this Paragraph 14 shall continue in effect notwithstanding termination of the Executive's employment hereunder for any reason.

Directors and officers Insurance. The Company agrees that it will obtain directors' and officers' insurance benefitting the Board by the earlier of (i) the date the Company's common stock is approved for listing on the Nasdaq Capital Market or (ii) May 31, 2021, and shall use its best efforts to maintain such insurance during the remainder of the Term of this Agreement. To the extent the Company maintains an insurance policy or policies providing directors' and officers' liability insurance, the Director shall be covered by such... policy or policies, in accordance with its or their terms, to the maximum extent of the coverage available for any of the Company's directors or officers. View More