Common use of Directors’ Insurance and Indemnification Clause in Contracts

Directors’ Insurance and Indemnification. After the Company’s Qualified IPO, the Company shall provide customary insurance coverage for members of its Board of Directors to the extent available on commercially reasonable terms. The Memorandum and Articles of the Company shall at all times provide that the Company shall indemnify the members of the Company’s Board of Directors to the maximum extent permitted by the law of the jurisdiction in which the Company is organized.

Appears in 3 contracts

Samples: Shareholders Agreement (JinkoSolar Holding Co., Ltd.), Shareholders Agreement (JinkoSolar Holding Co., Ltd.), Shareholders Agreement (JinkoSolar Holding Co., Ltd.)

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Directors’ Insurance and Indemnification. After the Company’s Qualified IPOIPO or if commercially reasonable, the Company shall provide customary insurance coverage for members of its Board of Directors to the extent available on commercially reasonable termsterms upon the written request of the Series A Director, the Series B Director and the Series C Director. The Memorandum and Restated Articles of the Company shall at all times provide that the Company shall indemnify the members of the Company’s Board of Directors to the maximum extent permitted by the law Law of the jurisdiction in which the Company is organized.

Appears in 2 contracts

Samples: Shareholders’ Agreement (CooTek(Cayman)Inc.), Shareholders’ Agreement (CooTek(Cayman)Inc.)

Directors’ Insurance and Indemnification. After the Company’s Qualified IPO, the Company shall provide customary insurance coverage for members of its Board of Directors to the extent available on commercially reasonable terms. The Memorandum and Articles of the Company shall at all times provide that the Company shall indemnify the members of the Company’s Board of Directors to the maximum extent permitted by the law Law of the jurisdiction in which the Company is organized.

Appears in 1 contract

Samples: Shareholders Agreement (Global Education & Technology Group LTD)

Directors’ Insurance and Indemnification. After the Company’s Qualified IPO, the Company shall provide customary insurance coverage for members of its Board of Directors to the extent available on commercially reasonable terms. The Memorandum and Articles of the Company shall at all times provide that the Company shall indemnify the members of the Company’s Board of Directors to the maximum extent permitted by the law of the jurisdiction in which the Company is organized.

Appears in 1 contract

Samples: Shareholders Agreement (SKY-MOBI LTD)

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Directors’ Insurance and Indemnification. After the Company’s Qualified 's IPO, the Company shall provide customary insurance coverage for members of its Board of Directors to the extent available on commercially reasonable termsDirectors. The Memorandum and Articles of Association of the Company shall at all times provide that the Company shall indemnify the members of the Company’s 's Board of Directors to the maximum extent permitted by the law Law of the jurisdiction in which the Company is organized.

Appears in 1 contract

Samples: Shareholders Agreement (ATA Inc.)

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