Director’s & Officer’s Insurance and Indemnity. During the Employment Period, the Company shall maintain in full force and effect at its own expense, a policy of director’s and officer’s liability insurance with Executive as an insured in an amount of not less than Two Million Dollars ($2,000,000.00). The Company shall indemnify and hold Executive harmless consistent with and pursuant to the terms and conditions of the Company’s Director Indemnification Agreement.
Appears in 4 contracts
Samples: Executive Employment Agreement (Universal Guardian Holdings Inc), Executive Employment Agreement (Universal Guardian Holdings Inc), Executive Employment Agreement (Universal Guardian Holdings Inc)
