Common use of Director and Officer Insurance Clause in Contracts

Director and Officer Insurance. The Company will use its best efforts to maintain in full force and effect director and officer liability insurance of not less than $5,000,000 on the terms as determined by the Board.

Appears in 3 contracts

Samples: Investor Rights Agreement, Investor Rights Agreement (Iterum Therapeutics LTD), Investor Rights Agreement (Iterum Therapeutics LTD)

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Director and Officer Insurance. The Company will use its best efforts to obtain and maintain in full force and effect director and officer liability insurance with available coverage limits of not less than at least $5,000,000 and on terms reasonably acceptable to the terms as determined by the BoardInvestors.

Appears in 2 contracts

Samples: Investor Rights Agreement, Investor Rights Agreement (Anaptysbio Inc)

Director and Officer Insurance. The Company Corporation will use its best efforts to obtain and maintain in full force and effect director and officer liability insurance in the amount of not less than at least $5,000,000 on and otherwise acceptable to the terms as determined by the BoardInvestors for each of its directors and officers.

Appears in 2 contracts

Samples: Stockholders Agreement, Stockholders Agreement (Replidyne Inc)

Director and Officer Insurance. The Company will use its best efforts to maintain in full force and effect director and officer liability insurance of in an amount not less than $5,000,000 on the terms amount in effect as determined by of the BoardResignation Date. The Company will include Employee has a named insured if and to the extent necessary to maintain coverage for Employee under the Company's director and officer liability insurance policy or policies.

Appears in 1 contract

Samples: Severance Agreement (Ultimate Electronics Inc)

Director and Officer Insurance. The Company will use its best efforts to maintain in full force and effect director and officer liability insurance of not less than $5,000,000 on in the terms as determined amount approved by the Board.

Appears in 1 contract

Samples: Investor Rights Agreement (Fastly, Inc.)

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Director and Officer Insurance. The Company will use its best reasonable efforts to maintain in full force and effect effect, director and officer liability insurance in the amount of not less than at least $5,000,000 on the terms as determined by the Board5,000,000.

Appears in 1 contract

Samples: Investor Rights Agreement (SERVICE-NOW.COM)

Director and Officer Insurance. The Company will use its best efforts to maintain in full force and effect its current director and officer liability insurance of not less than $5,000,000 on the terms as determined by the Boardinsurance.

Appears in 1 contract

Samples: Investor Rights Agreement (Ariosa Diagnostics, Inc.)

Director and Officer Insurance. The Company will use its best efforts to maintain in full force and effect director and officer liability insurance in an amount reasonably acceptable to the Board of not less than $5,000,000 on the terms as determined by the BoardDirectors.

Appears in 1 contract

Samples: Investor Rights Agreement (Groupon, Inc.)

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