Directors and officers Liability Insurance Clause Example with 6 Variations from Business Contracts
This page contains Directors and officers Liability Insurance clauses in business contracts and legal agreements. An example clause is provided at the top of the page, followed by clauses with minor variations. You can view the text differences by selecting the "Show Differences" option.
Directors and officers Liability Insurance. The Company will maintain an insurance policy or policies providing directors’ and officers’ liability insurance, and the Members 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. 3 9. Termination. This Letter Agreement shall terminate on the earlier of (i) the expiration of the Founder Shares Lock-up Period and (ii) the liquidation of the Company; pro...
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Variations of a "Directors and officers Liability Insurance" Clause from Business Contracts
Directors and officers Liability Insurance. The Company will maintain an insurance policy or policies providing directors’ and officers’ liability insurance, and the Members Insiders 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. 3 9. Termination. This Letter Agreement shall terminate on the earlier of (i) the expiration of the Founder Shares Lock-up Period and (ii) the liquidation of the Company; provided, ...
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Found in
Orion Acquisition Corp. contract
Directors and officers Liability Insurance. The Company will maintain an insurance policy or policies providing directors’ and officers’ liability insurance, and the Members Founders 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. 3 9. 5 13. Termination. This Letter Agreement shall terminate on the earlier of (i) the expiration of the Founder Shares Lock-up Period and (ii) the liquidation of the Company; prov...
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Directors and officers Liability Insurance. The Company will maintain an insurance policy or policies providing directors’ and officers’ liability insurance, and the Members 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. 3 9. Termination. This Letter Agreement shall terminate on the earlier of (i) the expiration of the Founder Shares Lock-up Period and (ii) the liquidation of the Company; provided, however, ...
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Directors and officers Liability Insurance. The Company will maintain an insurance policy or policies providing directors’ and officers’ liability insurance, and the Members 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. 3 9. Termination. This Letter Agreement shall terminate on the earlier of (i) the expiration of the Founder Shares Lock-up Period and (ii) the liquidation of the Company; provided, however, ...
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Directors and officers Liability Insurance. The Company will maintain an insurance policy or policies providing directors’ and officers’ liability insurance, and the Members Insiders 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. 3 9. Termination. This Letter Agreement shall terminate on the earlier of (i) the expiration of the Founder Shares Lock-up Lock- up Period and (ii) the liquidation of the Company; p...
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Found in
Isos Acquisition Corp. contract
Directors and officers Liability Insurance. The Company will maintain an insurance policy or policies providing directors’ and officers’ liability insurance, and the Members Insiders 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. 3 9. 4 10. Termination. This Letter Agreement shall terminate on the earlier of (i) the expiration of the Founder Shares Lock-up Period and (ii) the liquidation of the Company; prov...
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Found in
Qell Acquisition Corp contract