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

D&O Insurance; Indemnification. (a) The Company shall continue to cause Executive to be covered by directors and officers’ liability insurance to the same extent that such coverage is then maintained for officers or directors of the Company in active service, and any “tail” policy providing directors and officers liability coverage that covers a period of service in which Executive is or was in active service shall cover Executive’s employment with the Company for a similar period.

Appears in 2 contracts

Samples: Executive Employment Agreement (Tectonic Therapeutic, Inc.), Executive Employment Agreement (AVROBIO, Inc.)

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D&O Insurance; Indemnification. (a) The Company Executive shall continue to cause Executive to be covered by the Company’s directors and officers’ officers liability insurance to the same extent that such coverage is then maintained for other officers or directors of the Company in active service, and any “tail” policy providing directors and officers liability coverage that covers a period of service in which Executive is or was in active service shall cover Executive’s employment with the Company for a similar periodCompany.

Appears in 1 contract

Samples: Employment Agreement (Cullinan Oncology, Inc.)

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D&O Insurance; Indemnification. (a) The Company Executive shall continue to cause Executive to be covered by the Company’s directors and officers’ liability insurance to the same extent that such coverage is then maintained for other officers or directors of the Company in active service, and any “tail” policy providing directors and officers liability coverage that covers a period of service in which Executive is or was in active service shall cover Executive’s employment with the Company for a similar periodCompany.

Appears in 1 contract

Samples: Employment Agreement (Cullinan Therapeutics, Inc.)

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