Common use of Directors and Officers Liability Policy Clause in Contracts

Directors and Officers Liability Policy. The Company agrees to use reasonable efforts to maintain directors and officers liability insurance covering the Executive in a reasonable and adequate amount determined by the Company.

Appears in 16 contracts

Samples: Employment Agreement (Helbiz, Inc.), Employment Agreement (Helbiz, Inc.), Employment Agreement (Sachem Capital Corp.)

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Directors and Officers Liability Policy. The Company agrees to use reasonable efforts to maintain directors and officers officer’s liability insurance covering the Executive in a reasonable and adequate amount determined by the Company.

Appears in 3 contracts

Samples: Employment Agreement (Marimed Inc.), Employment Agreement (Marimed Inc.), Employment Agreement (Marimed Inc.)

Directors and Officers Liability Policy. The Company agrees to use reasonable efforts to maintain directors and officers liability insurance covering the Executive in a reasonable and adequate amount determined by the CompanyBoard.

Appears in 3 contracts

Samples: Employment Agreement (Milestone Scientific Inc.), Employment Agreement (Secured Services Inc), Employment Agreement (Secured Services Inc)

Directors and Officers Liability Policy. The Company agrees to use reasonable efforts to maintain directors and officers liability insurance covering the Executive in a reasonable and adequate amount determined by the Company.

Appears in 1 contract

Samples: Employment Agreement (Sachem Capital Corp.)

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Directors and Officers Liability Policy. The Company agrees to use commercially reasonable efforts to obtain and maintain directors and officers liability insurance covering the Executive in a reasonable such amount and adequate amount determined by subject to such allowances, deductions, exclusions, reserves and other limitations as the Company, in its sole and absolute discretion, determines.

Appears in 1 contract

Samples: Employment Agreement (Jwiz, Inc.)

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