AGREEMENT AS TO INSURANCE. 4.1 The Company shall purchase and maintain for the benefit of the Director, for so long as a Claim may be lawfully brought against the Director as a director of the Company or any Associated Company, (which, for the avoidance of doubt, shall include any period after the Director shall have ceased to be a director of the Company or any Associated Company) directors’ and officers’ liability insurance on terms, conditions, and limits that are at least comparable to those of directors’ and officers’ liability insurance purchased and maintained by companies similar to the Company, provided that the Company shall not be so obliged if either:
Appears in 2 contracts
AGREEMENT AS TO INSURANCE. 4.1 The Company shall purchase and maintain for the benefit of the Director, for so long as a Claim claim may be lawfully brought against the Director as a director of the Company or any Associated Company, (which, for the avoidance of doubt, shall include any period after the Director shall have ceased to be a director of the Company or any Associated Company) directors’ and officers’ liability insurance on terms, conditions, and limits that are at least comparable to those of directors’ and officers’ liability insurance purchased and maintained by companies similar to the Company, provided that the Company shall not be so obliged if either:
Appears in 2 contracts
