Common use of DIRECTORS, OFFICERS AND ORGANIZATION LIABILITY Clause in Contracts

DIRECTORS, OFFICERS AND ORGANIZATION LIABILITY. Required Not required Directors, Officers and Organization insurance covering the Grantee’s Organization, Directors, Officers, and Trustees actual or alleged errors, omissions, negligent, or wrongful acts, including improper governance, employment practices and financial oversight - including improper oversight and/or use of use of grant funds and donor contributions which includes state or federal funds - with a combined single limit of no less than $1,000,000 per claim. CRIME PROTECTION COVERAGE: EMPLOYEE DISHONESTY or FIDELITY BOND Required Not required Expectations:

Appears in 1 contract

Samples: Grant Agreement

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DIRECTORS, OFFICERS AND ORGANIZATION LIABILITY. Required Not required Directors, Officers and Organization insurance covering the Grantee’s Organization, Directors, Officers, and Trustees actual or alleged errors, omissions, negligent, or wrongful acts, including improper governance, employment practices and financial oversight - including improper oversight and/or use of use of grant funds and donor contributions which includes state or federal funds - with a combined single limit of no less than $1,000,000 per claim. CRIME PROTECTION COVERAGE: EMPLOYEE DISHONESTY or FIDELITY BOND Required Not required Expectations:.

Appears in 1 contract

Samples: Grant Agreement

DIRECTORS, OFFICERS AND ORGANIZATION LIABILITY. Required Not required Directors, Officers and Organization insurance covering the Grantee’s Organization, Directors, Officers, and Trustees actual or alleged errors, omissions, negligent, or wrongful acts, including improper governance, employment practices and financial oversight - including improper oversight and/or use of use of grant funds and donor contributions which includes state or federal funds - with a combined single limit of no less than $1,000,000 various size org per claim. CRIME PROTECTION COVERAGE: EMPLOYEE DISHONESTY or FIDELITY BOND Required Not required Expectations:

Appears in 1 contract

Samples: Grant Agreement

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DIRECTORS, OFFICERS AND ORGANIZATION LIABILITY. Required Not required Directors, Officers and Organization insurance covering the GranteeSubrecipient’s Organization, Directors, Officers, and Trustees actual or alleged errors, omissions, negligent, or wrongful acts, including improper governanceimpropergovernance, employment practices and financial oversight - including improper oversight and/or use of use of grant funds and donor contributions which includes state or federal funds - with a combined single limit of no less than $1,000,000 per claim. CRIME PROTECTION COVERAGE: EMPLOYEE DISHONESTY or FIDELITY BOND Required Not required ExpectationsEXCESS/UMBRELLA INSURANCE:

Appears in 1 contract

Samples: Subrecipient Grant Agreement

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