Common use of Directors and Officers Liability Insurance Clause in Contracts

Directors and Officers Liability Insurance. The Company shall indemnify the Executive to the fullest extent permitted under its by-laws. During the Term, the Company shall acquire and pay for directors’ and officers’ liability insurance coverage for its senior executive officers, and the Executive shall be named as a covered officer under such policy during the Term.

Directors and Officers Liability Insurance. The Company shall indemnify As an officer of the Company, the Executive shall be entitled to indemnification and other related protections, to the fullest extent permitted allowed under its by-lawsthe law and the Company’s Certificate of Incorporation, as may be amended from time to time. During the Term, Executive will also be covered under a directors and officers liability insurance policy paid for by the Company shall acquire and pay for directors’ and officers’ to the extent that the Company maintains such a liability insurance coverage for its senior executive officers, and policy now or in the Executive shall be named as a covered officer under such policy during the Termfuture.

Directors and Officers Liability Insurance. The Company shall indemnify the Executive to the fullest extent permitted under its by-laws. During the Term, the Company shall acquire and pay for directors’ and officers’ liability insurance coverage for its senior executive officers, officers and the Executive shall be named as a covered officer under such policy during the Term.