Director Indemnification. HDS shall have obtained directors and ------------------------ officers liability insurance from a reputable insurance company in type and amount as is customary for companies similarly situated, and HDS shall have entered into an indemnification agreement with each STOCKHOLDER, if any, who will become a director of HDS, such indemnification agreement to be substantially in the form attached as Annex VII.
Appears in 6 contracts
Samples: Merger Agreement (Hospitality Design & Supply Inc), Agreement and Plan of Reorganization (Hospitality Design & Supply Inc), Merger Agreement (Hospitality Design & Supply Inc)
