Common use of Errors and Omissions (E&O) Liability Insurance Clause in Contracts

Errors and Omissions (E&O) Liability Insurance. While this Agreement is in effect, You agree to maintain E&O liability insurance, with a liability insurance carrier admitted in California, of at least $1,000,000 specific and $1,000,000 aggregate coverage. This insurance must specifically cover Your activities and the activities of Your solicitors under this Agreement. You agree to submit proof of Your E&O liability insurance coverage to the Trust each year. You agree to make all reasonable efforts, consistent with the advice of Your counsel and the requirements of Your E&O liability insurance carrier, to coordinate the defense of all claims in which We are named as a defendant or could possibly be named. OUR COMMITMENTS

Appears in 4 contracts

Samples: Producer’s Agreement, Producer’s Agreement, Producer’s Agreement

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