Common use of Director and Officer Liability Insurance Clause in Contracts

Director and Officer Liability Insurance. Director shall be covered by the Company’s director and officer’s liability insurance policy or policies, in accordance with its or their terms, to the maximum extent of the coverage available for any of the Company’s directors or officers.

Appears in 11 contracts

Samples: Independent Director Agreement (Vivakor, Inc.), Independent Director Agreement (Snail, Inc.), Independent Director Agreement (Usio, Inc.)

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Director and Officer Liability Insurance. To the extent the Company maintains an insurance policy or policies providing directors' and officers' liability insurance, Director shall be covered by the Company’s director and officer’s liability insurance such policy or policies, in accordance with its or their terms, to the maximum extent of the coverage available for any of the Company’s 's directors or officers.

Appears in 2 contracts

Samples: Independent Director Agreement (Moxian, Inc.), Independent Director Agreement (Moxian, Inc.)

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