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

D&O Insurance; Right to Indemnification. The Company shall provide directors’ and officers’ liability insurance coverage to Director in accordance with the Indemnification Agreement attached hereto as Exhibit A (the “Indemnification Agreement”). Director shall be entitled to limitations of liability and the right to indemnification against expenses and damages in connection with claims against Director relating to his service to the Company in accordance with the Indemnification Agreement and to the fullest extent permitted by the Company’s charter and by-laws (as such documents may be amended from time to time), the Maryland General Corporation Law, as amended from time to time and other applicable law.

Appears in 4 contracts

Samples: Independent Director Agreement (US Federal Properties Trust Inc.), Independent Director Agreement (US Federal Properties Trust Inc.), Independent Director Agreement (US Federal Properties Trust Inc.)

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D&O Insurance; Right to Indemnification. The Company shall provide directors’ and officers’ liability insurance coverage to Director in accordance with the Indemnification Agreement attached hereto as Exhibit A (the “Indemnification Agreement”). Director shall be entitled to limitations of liability and the right to indemnification against expenses and damages in connection with claims against Director relating to his service to the Company in accordance with the Indemnification Agreement and to the fullest extent permitted by the Company’s charter and by-laws (as such documents may be amended from time to time), the Maryland General Corporation Company Law, as amended from time to time and other applicable law.

Appears in 2 contracts

Samples: Independent Director Agreement (Medalist Diversified REIT, Inc.), Independent Director Agreement (HC Government Realty Trust, Inc.)

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