Common use of D & O Insurance Clause in Contracts

D & O Insurance. The Company agrees that for six (6) years and one (1) business day after the expiration or earlier termination of the Employment Period the Company shall obtain and provide at its expense directors’ and officers’ liability insurance or directors’ and officers’ liability tail insurance policies covering the Executive with respect to acts or omissions occurring during Executive’s employment with the Company with coverage and amounts (including with respect to the payment of attorney’s fees) equal to or greater than those of the Company’s policy in effect on the date hereof.

Appears in 6 contracts

Samples: Employment Agreement (Jarden Corp), Employment Agreement (Jarden Corp), Employment Agreement (Jarden Corp)

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D & O Insurance. The Company agrees that for six (6) years and one (1) business day after the expiration or earlier termination of the Employment Period the Company shall obtain and provide at its expense directors' and officers' liability insurance or directors' and officers' liability tail insurance policies covering the Executive with respect to acts or omissions occurring during Executive’s 's employment with the Company with coverage and amounts (including with respect to the payment of attorney’s 's fees) equal to or greater than those of the Company’s 's policy in effect on the date hereof.

Appears in 4 contracts

Samples: Employment Agreement (Jarden Corp), Employment Agreement (Jarden Corp), Employment Agreement (Jarden Corp)

D & O Insurance. The Company agrees that for six (6) years and one (1) business day after the expiration or earlier termination of the Employment Period Term, the Company shall obtain and provide at its expense directors’ and officers’ liability insurance or directors’ and officers’ liability tail insurance policies covering the Executive Employee with respect to acts or omissions occurring during Executive’s his employment with the Company with coverage and amounts (including with respect to the payment of attorney’s attorneys’ fees) equal to or greater than those of the Company’s policy in effect on the date hereofof such expiration or termination.

Appears in 2 contracts

Samples: Employment Agreement (Clarus Corp), Employment Agreement (Cadre Holdings, Inc.)

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D & O Insurance. The Company agrees that for six (6) years and one (1) business day after the expiration or earlier termination of the Employment Period the Company shall obtain and provide at its expense directors’ and officers’ liability insurance or directors’ and officers’ liability tail insurance policies covering the Executive with respect to acts or omissions occurring during Executive’s employment with the Company with coverage and amounts (including with respect to the payment of attorney’s fees) equal to or greater than those of the Company’s 's policy in effect on the date hereof.

Appears in 1 contract

Samples: Employment Agreement (Jarden Corp)

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