Directors’ and Officers’ Insurance and Indemnification. Executive shall be covered under the Company’s then-existing directors and officers insurance policy. Executive also shall be indemnified as provided in the Company’s then-existing bylaws and Articles of Incorporation.
Appears in 5 contracts
Samples: Severance Agreement (Semco Energy Inc), Severance Agreement (Semco Energy Inc), Severance Agreement (Semco Energy Inc)
Directors’ and Officers’ Insurance and Indemnification. Executive shall be covered under the Company’s then-existing directors and officers insurance policy. Executive also shall be indemnified as policy and will have the indemnification benefits provided in the Company’s then-existing bylaws standard Directors and Articles Officers Indemnification Agreement, which shall have the same terms as are provided to other officers of Incorporationthe Company.
Appears in 4 contracts
Samples: Employment Agreement (Semco Energy Inc), Employment Agreement (Semco Energy Inc), Employment Agreement (Semco Energy Inc)
Directors’ and Officers’ Insurance and Indemnification. Executive shall be covered under the Company’s then-existing directors and officers insurance policy. Executive also shall be indemnified as policy and will have the indemnification benefits provided in the Company’s then-existing bylaws standard Directors and Articles Officers Indemnification Agreement, which shall have the same terms as are provided to other officers and directors of Incorporationthe Company.
Appears in 1 contract