Common use of Directors Indemnification; Insurance Clause in Contracts

Directors Indemnification; Insurance. (a) To the extent commercially available, the Company shall at all times maintain directors' and officers' liability insurance comparable in terms and coverage to that maintained on the date hereof, and the Investor Designee shall be covered under such insurance.

Appears in 2 contracts

Samples: Stockholders' and Voting Agreement (Cdknet Com Inc), Shareholders' and Voting Agreement (Dominix Inc)

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Directors Indemnification; Insurance. (a) To the extent commercially available, the Company shall at all times maintain directors' and officers' liability insurance comparable in terms and coverage to that maintained on the date hereof, and the Investor Purchaser Designee shall be covered under such insurance.

Appears in 2 contracts

Samples: Stock Purchase Agreement (SDC International Inc \De\), Note Purchase Agreement (Q Med Inc)

Directors Indemnification; Insurance. (a) To the extent commercially available, the Company shall at all times maintain directors' and officers' liability insurance comparable in terms and coverage to that maintained on the date hereof, and the Investor Shareholder Designee shall be covered under such insurance.

Appears in 2 contracts

Samples: Management Rights Agreement (Venus Beauty Supply Inc), Securities Exchange Agreement (Venus Beauty Supply Inc)

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Directors Indemnification; Insurance. (ai) To the extent commercially availableavailable at a cost reasonably consistent with past costs, the Company shall at all times maintain directors' and officers' liability insurance comparable in terms and coverage to that maintained on the date hereofhereof for existing directors of the Company, and the Investor Designee Debenture Holder Director and Additional Director shall be covered under such insurance.

Appears in 1 contract

Samples: Forbearance Agreement (Xenomics Inc)

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