Common use of Directors & Officers Insurance Clause in Contracts

Directors & Officers Insurance. At all times during the Employment Period, Executive shall be considered an officer of the Company and shall be covered by D&O Insurance, or any other similar type of insurance, that provides coverage for Executive’s acts or omissions undertaken during the course and scope of his employment and maintains coverage of Executive for at least five (5) years following the Employment Period.

Appears in 6 contracts

Samples: Employment Agreement (Kona Grill Inc), Employment Agreement (Kona Grill Inc), Employment Agreement (Kona Grill Inc)

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Directors & Officers Insurance. At all times during the Employment Period, Executive shall be considered an officer of the Company and shall be covered by D&O Insurance, or any other similar type of insurance, that provides coverage for the Executive’s acts or omissions undertaken during the course and scope of his employment and maintains coverage of Executive for at least five (5) years following the Employment Periodemployment.

Appears in 3 contracts

Samples: Executive Employment Agreement (Kona Grill Inc), Executive Employment Agreement (Kona Grill Inc), Executive Employment Agreement (Kona Grill Inc)

Directors & Officers Insurance. At all times during the Employment Period, Executive shall be considered an officer of the Company and shall be covered by D&O Insurance, or any other similar type of insurance, that provides coverage for the Executive’s acts or omissions undertaken during the course and scope of his employment and maintains coverage of Executive for at least five (5) years following the Employment Period.employment

Appears in 2 contracts

Samples: Executive Employment Agreement (Kona Grill Inc), Executive Employment Agreement (Kona Grill Inc)

Directors & Officers Insurance. At all times during the Employment Period, Executive shall be considered an officer of the Company and shall be covered by D&O Insurance, or any other similar type of insurance, that provides coverage for Executive’s acts or omissions undertaken during the course and scope of his her employment and maintains coverage of Executive for at least five (5) years following the Employment Period.

Appears in 1 contract

Samples: Employment Agreement (Kona Grill Inc)

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Directors & Officers Insurance. At all times during the Employment PeriodTerm of Employment, Executive shall be considered an officer of the Company and shall be covered by D&O Insurance, or any other similar type of insurance, that provides coverage for the Executive’s 's acts or omissions undertaken during the course and scope of his employment and maintains coverage of Executive for at least five (5) years following the Employment Periodemployment.

Appears in 1 contract

Samples: Employment Agreement (Kona Grill Inc)

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