Common use of D&O Insurance Coverage Clause in Contracts

D&O Insurance Coverage. During and for a period three (3) years after the Term, the Executive shall be entitled to director and officer insurance coverage for his acts and omissions while an officer and director of the Company on a basis no less favorable to him than the coverage provided current officers or directors.

Appears in 6 contracts

Samples: Employment Agreement (Heritage Property Investment Trust Inc), Employment Agreement (Ashford Hospitality Trust Inc), Employment Agreement (Ashford Hospitality Trust Inc)

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D&O Insurance Coverage. During and for a period of at least three (3) years after the Term, the Executive shall be entitled to director and officer insurance coverage for his acts and omissions while an officer and director of the Company REIT on a basis no less favorable to him than the coverage provided current officers or and directors.

Appears in 4 contracts

Samples: Employment Agreement (DiamondRock Hospitality Co), Employment Agreement (DiamondRock Hospitality Co), Employment Agreement (DiamondRock Hospitality Co)

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D&O Insurance Coverage. During and for a period three (3) years after the Term, the Executive shall be entitled to director and officer insurance coverage for his acts and omissions while an officer and director of Braemar (and/or the Company Company, if applicable) on a basis no less favorable to him than the coverage provided current officers or directorsother senior executives of the Company.

Appears in 1 contract

Samples: Employment Agreement (Ashford Inc.)

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