Common use of Directors Indemnification; Insurance Clause in Contracts

Directors Indemnification; Insurance. (i) The Company does not have directors' and officers' liability insurance, however, the Company intends on obtaining and maintaining directors' and officers' liability insurance in the near future, and the Edge Designees shall be covered under such insurance.

Appears in 4 contracts

Samples: Note Purchase and Security Agreement (Petcare Television Network Inc), Note Purchase and Security Agreement (Petcare Television Network Inc), Note Purchase and Security Agreement (Petcare Television Network Inc)

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Directors Indemnification; Insurance. (i) The Company does not have directors' and officers' liability insurance, however, the Company intends on obtaining and maintaining directors' and officers' liability insurance in the near future, and the Edge Designees Designee shall be covered under such insurance.

Appears in 1 contract

Samples: Note Purchase and Security Agreement (Petcare Television Network Inc)

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