Common use of D&O Insurance Clause in Contracts

D&O Insurance. For a period of at least six years after the Board Member has ceased to provide services to the Fund, the Fund shall purchase and maintain in effect, through “tail” or other appropriate coverage, one or more policies of insurance on behalf of the Board Member to the maximum extent of the coverage provided to the active members of the Board of Trustees of the Fund.

Appears in 58 contracts

Samples: Transfer Agency and Service Agreement (Capital Group Equity ETF Trust I), Transfer Agency and Service Agreement (Capital Group Conservative Equity ETF), Transfer Agency and Service Agreement (Capital Group New Geography Equity ETF)

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D&O Insurance. For a period of at least six years after the Board Member has ceased to provide services to the Fund, the Fund shall purchase and maintain in effect, through "tail" or other appropriate coverage, one or more policies of insurance on behalf of the Board Member to the maximum extent of the coverage provided to the active members of the Board of Trustees [Directors] [Trustees] of the Fund.

Appears in 5 contracts

Samples: Shareholder Services Agreement (Income Fund of America Inc), Indemnification Agreement (Fundamental Investors Inc), Indemnification Agreement (American High Income Trust)

D&O Insurance. For a period of at least six years after the Board Member has ceased to provide services to the Fund, the Fund shall purchase and maintain in effect, through “tail” or other appropriate coverage, one or more policies of insurance on behalf of the Board Member to the maximum extent of the coverage provided to the active members of the Board of Trustees Directors of the Fund.

Appears in 3 contracts

Samples: Indemnification Agreement (Emerging Markets Growth Fund Inc), Administrative Services Agreement (Short-Term Bond Fund of America), Administrative Services Agreement (International Growth & Income Fund, Inc.)

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D&O Insurance. For a period of at least six years after the Board Member has ceased to provide services to the Fund, the Fund shall purchase and maintain in effect, through "tail" or other appropriate coverage, one or more policies of insurance on behalf of the Board Member to the maximum extent of the coverage provided to the active members of the Board of Trustees Directors of the Fund.

Appears in 1 contract

Samples: Indemnification Agreement (Washington Mutual Investors Fund Inc)

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