Common use of Directors & Officers Liability Insurance Clause in Contracts

Directors & Officers Liability Insurance. The Company further agrees to maintain a directors and officers liability insurance policy covering Executive in an amount and on terms no less favorable to him than the coverage the Company provides other senior executives and directors.

Appears in 5 contracts

Samples: Executive Employment Agreement (BioXcel Therapeutics, Inc.), Executive Employment Agreement (BioXcel Therapeutics, Inc.), Executive Employment Agreement (BioXcel Therapeutics, Inc.)

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Directors & Officers Liability Insurance. The Company further agrees to maintain a directors and officers liability insurance policy covering Executive in an amount and on terms no less favorable to him than the coverage the Company provides other senior executives and directors (and, with respect periods following any cessation of Executive’s employment, its former senior executives and directors).

Appears in 3 contracts

Samples: Release Agreement (BioXcel Therapeutics, Inc.), Release Agreement (BioXcel Therapeutics, Inc.), Release Agreement (BioXcel Therapeutics, Inc.)

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Directors & Officers Liability Insurance. The Company further agrees to maintain a directors and officers liability insurance policy covering Executive in an amount and on terms no less favorable to him Executive than the coverage the Company provides other senior executives and directors.

Appears in 2 contracts

Samples: Executive Employment Agreement (BioXcel Therapeutics, Inc.), Executive Employment Agreement (BioXcel Therapeutics, Inc.)

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