Common use of Directors' Indemnification Clause in Contracts

Directors' Indemnification. (a) The Company shall obtain and cause to be maintained in effect, with financially sound insurers, a policy of directors' and officers' liability insurance covering each member of the Board, each Beacon Designee and each Non-Voting Observer in an amount of at least $3 million per occurance and $5 million in the aggregate.

Directors' Indemnification. (a) The Company shall obtain and cause to be maintained in effect, with financially sound insurers, a policy of directors' and officers' liability insurance covering each member of the Boardmembers of the Board (including, without limitation, each Beacon Director, each Beacon Designee and each Non-Voting Observer Stratford Director) in an amount of at least $3 million 3,000,000 per occurance and $5 million in the aggregateoccurrence.

Directors' Indemnification. (a) The Company shall obtain and cause to be maintained in effect, with financially sound insurers, a policy of directors' and officers' liability insurance covering each member of the Board, each Beacon Designee and each Non-Voting Observer Board in an amount of at least One Million Dollars ($3 million 1,000,000) per occurance occurrence and Three Million Dollars ($5 million 3,000,000) in the aggregate.

Directors' Indemnification. (a) The Company shall obtain and cause to be maintained in effect, with financially sound insurers, a policy of directors' and officers' liability insurance covering each member of the Boardmembers of the Board (including, without limitation, each Beacon Designee Director, each Beacon Designee, each Stratford Director and each Non-Voting Observer Hoak Xxxector) in an amount of at least $3 million 3,000,000 per occurance and $5 million in the aggregateoccurrence.