Common use of Director and Officer Insurance Clause in Contracts

Director and Officer Insurance. The Company has maintained insurance for their officers and directors for the last two (2) years without any lapse in coverage. As of the Closing Date, no claims have been filed against any officer or director of the Company.

Appears in 5 contracts

Samples: Stock Purchase Agreement (IBC Equity Holdings), Stock Purchase Agreement (CP US Income Group, LLC), Stock Purchase Agreement (Thalia Woods Management, Inc.)

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Director and Officer Insurance. The Company has maintained insurance for their officers and directors for the last two five (25) years without any lapse in coverage. As of the Closing Date, no claims have been filed against any officer or director of the Company.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Digital Power Corp), Securities Purchase Agreement (Digital Power Corp)

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Director and Officer Insurance. The Company has maintained insurance for their officers and directors for the last two five (25) years without any lapse in coverage. As of the Closing DateClosing, no claims have been filed against any officer or director of the Company.

Appears in 1 contract

Samples: Preferred Stock Purchase Agreement (Digital Power Corp)

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