Common use of D&O Liability Insurance Clause in Contracts

D&O Liability Insurance. The Company shall provide Executive with directors’ and officers’ liability insurance coverage in an amount that the Company, reasonably and in good faith, determines to be appropriate and affordable. After the expiration of Executive’s employment and/or the termination of this Agreement, the Company shall provide Executive with directors’ and officers’ liability insurance coverage in an amount and for a period of time that the Company, reasonably and in good faith, determines to be appropriate and affordable.

Appears in 7 contracts

Samples: Employment Agreement (American Defense Systems Inc), Employment Agreement (American Defense Systems Inc), Employment Agreement (American Defense Systems Inc)

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D&O Liability Insurance. The Company shall provide Executive with directors’ director’s and officers’ officer’s liability insurance coverage in an amount that the Company, reasonably and in good faith, determines to be appropriate and affordable. After the expiration of the Executive’s employment and/or the termination of this Agreement, the Company shall provide Executive with directors’ director’s and officers’ officer’s liability insurance coverage in an amount and for a period of time that the Company, reasonably and in good faith, determines to be appropriate and affordable.

Appears in 1 contract

Samples: Executive Employment Agreement (American Defense Systems Inc)

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