Common use of Directors' Indemnification Clause in Contracts

Directors' Indemnification. (a) The Corporation shall obtain and cause to be maintained in effect, with financially sound insurers, a policy of directors' and officers' liability insurance in an amount of at least US$5,000,000 or more and upon such terms as are reasonably acceptable to the Investors.

Directors' Indemnification. (a) The Corporation Company shall obtain and cause to be maintained in effect, with financially sound insurers, a policy of directors' ’ and officers' ’ liability insurance covering each of the members of the Board in an amount of at least US$$5,000,000 or more and upon such terms as are reasonably acceptable to shall be determined by the InvestorsBoard.

Directors' Indemnification. (a) The Corporation shall obtain and cause to be maintained in effect, with financially sound insurers, a policy of directors' and officers' liability insurance covering each of the Directors in an amount of at least US$5,000,000 or more and upon such terms and in such amount as are reasonably acceptable to the Investors.

Directors' Indemnification. (a) The Corporation shall promptly obtain and cause to be maintained in effect, with financially sound insurers, a policy of directors' and officers' liability insurance in an amount of at least US$5,000,000 or more and upon such terms and in such amount as are is reasonably acceptable to the InvestorsInvestor.

Directors' Indemnification. (a) The Corporation Company shall obtain and cause to be maintained in effect, with financially sound insurers, a policy of directors' and officers' liability insurance covering each of the Directors in an amount of at least US$5,000,000 $10,000,000 or more and upon such terms as are reasonably acceptable to shall be determined by the InvestorsBoard.