Common use of D&O Insurance and Indemnification Clause in Contracts

D&O Insurance and Indemnification. Through at least the sixth anniversary of the Executive’s termination date, the Company shall maintain coverage for the Executive as a named insured on all directors’ and officers’ insurance maintained by the Company for the benefit of its directors and officers on at least the same basis as all other covered individuals and provide the Executive with at least the same corporate indemnification as it provides to other senior executives. For the avoidance of doubt, nothing in this Agreement shall supersede any rights that the Executive may have to indemnification under the Company’s charter or bylaws.

Appears in 6 contracts

Samples: Employment Agreement (Renovacor, Inc.), Employment Agreement (Renovacor, Inc.), Employment Agreement (Renovacor, Inc.)

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D&O Insurance and Indemnification. Through at least the sixth anniversary of the Executive’s termination dateTermination Date, the Company shall maintain coverage for the Executive as a named insured on all directors’ and officers’ insurance maintained by the Company for the benefit of its directors and officers on at least the same basis as all other covered individuals and provide the Executive with at least the same corporate indemnification as it provides to other senior executivesSenior Executives. For the avoidance of doubtAll such directors’ and officers’ insurance policies will provide prior acts coverage from September 30, nothing in this Agreement shall supersede any rights that the Executive may have to indemnification under the Company’s charter or bylaws2004.

Appears in 5 contracts

Samples: Employment Agreement (Comsys It Partners Inc), Employment Agreement (Comsys It Partners Inc), Employment Agreement (Comsys It Partners Inc)

D&O Insurance and Indemnification. Through at least During the term of this Agreement and through the sixth (6th) anniversary of the termination of Executive’s termination dateemployment, the Company shall maintain coverage for the Executive as a named insured on all directors’ and officers’ insurance maintained by the Company for the benefit of its directors and officers on at least the same basis as all other covered individuals individuals. On the Commencement Date. the Company and provide Executive will enter into an indemnification agreement substantially in the Executive with at least the same corporate indemnification form attached as it provides to other senior executives. For the avoidance of doubt, nothing in this Agreement shall supersede any rights that the Executive may have to indemnification under the Company’s charter or bylaws.Exhibit B.

Appears in 4 contracts

Samples: Executive Employment Agreement (Ani Pharmaceuticals Inc), Executive Employment Agreement (Ani Pharmaceuticals Inc), Executive Employment Agreement (Ani Pharmaceuticals Inc)

D&O Insurance and Indemnification. Through at least During the term of this Agreement and through the sixth (6th) anniversary of the termination of Executive’s termination dateemployment, the Company shall maintain coverage for the Executive as a named insured on all directors’ and officers’ insurance maintained by the Company for the benefit of its directors and officers on at least the same basis as all other covered individuals and provide the Executive with at least the same corporate indemnification as it provides to other senior executives. For the avoidance similarly situated executives of doubt, nothing in this Agreement shall supersede any rights that the Executive may have to indemnification under the Company’s charter or bylaws.

Appears in 4 contracts

Samples: Executive Employment Agreement (Ani Pharmaceuticals Inc), Executive Employment Agreement (Ani Pharmaceuticals Inc), Executive Employment Agreement (Ani Pharmaceuticals Inc)

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D&O Insurance and Indemnification. Through at least During the term of this Agreement and through the sixth (6th) anniversary of the termination of Executive’s termination dateemployment, the Company shall maintain coverage for the Executive as a named insured on all directors’ and officers’ insurance maintained by the Company for the benefit of its directors and officers on at least the same basis as all other covered individuals individuals. On the Commencement Date, the Company and provide Executive will enter into an indemnification agreement substantially in the Executive with at least the same corporate indemnification form attached as it provides to other senior executives. For the avoidance of doubt, nothing in this Agreement shall supersede any rights that the Executive may have to indemnification under the Company’s charter or bylaws.Exhibit B.

Appears in 2 contracts

Samples: Executive Employment Agreement (Ani Pharmaceuticals Inc), Executive Employment Agreement (Ani Pharmaceuticals Inc)

D&O Insurance and Indemnification. Through at least the sixth anniversary of the ExecutiveOfficer’s termination date, the Company shall maintain coverage for the Executive Officer as a named insured on all directors’ and officers’ insurance maintained by the Company for the benefit of its directors and officers on at least the same basis as all other covered individuals and provide the Executive Officer with at least the same corporate indemnification as it provides to other senior executives. For the avoidance of doubt, nothing in this Agreement shall supersede any rights that the Executive Officer may have to indemnification under the Company’s charter or bylaws.

Appears in 1 contract

Samples: Cfo Services Agreement (Renovacor, Inc.)

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