Additional limit for non Sample Clauses
Additional limit for non executive directors
3.1.1 For claims made against a non-executive director otherwise covered by this policy but for the limit of indemnity under this policy being exceeded or eroded, the insurer will provide an additional limit of indemnity up to the sum specified in the schedule to pay on behalf of such non-executive director. Such additional limit of indemnity will be payable provided that:
a) the limit of indemnity, and
b) all other applicable insurance whether written as excess over the limit of indemnity of this policy or otherwise, and
c) all other indemnification for such claim available to such non-executive director, whether from the company or otherwise have been exhausted.
3.1.2 The sum specified in the schedule in respect of this clause 3.1 is the maximum payable by the insurer and in the aggregate irrespective of the number of:
a) claims made, or
b) claims made under this policy, or
c) non-executive directors entitled to indemnity under this policy, or
d) wrongful acts.
