D&O Coverage. The Company shall maintain director’s and officer’s liability insurance coverage with an insurer of national reputation in an amount reasonably determined by the Board to adequately to cover any director or officer liability in accordance with policy terms and the Company’s customary form indemnification agreement.
Appears in 5 contracts
Sources: Executive Employment Agreement (Hammitt, Inc.), Executive Employment Agreement (Hammitt, Inc.), Executive Employment Agreement (Hammitt, Inc.)