Indemnification and Directors’ and Officers’ Insurance. During Executive's employment and for the period of time following termination of the Executive for any reason during which time Executive could be subject to any claim based on his position in the Company, Executive shall receive the maximum indemnification protection from the Company as permitted by the Company's by-laws and shall receive directors' and officers' insurance coverage equivalent to that which is provided to any other director or officer of the Company.
Appears in 14 contracts
Samples: Executive Employment Agreement (Moldflow Corp), Executive Employment Agreement (Moldflow Corp), Executive Employment Agreement (Moldflow Corp)
Indemnification and Directors’ and Officers’ Insurance. During Executive's ’s employment and for the period of time following termination of the Executive for any reason during which time Executive could be subject to any claim based on his position in the Company, Executive shall receive the maximum indemnification protection from the Company as permitted by the Company's ’s by-laws and shall receive directors' ’ and officers' ’ insurance coverage equivalent to that which is provided to any other director or officer of the Company.
Appears in 7 contracts
Samples: Executive Employment Agreement (Moldflow Corp), Executive Employment Agreement (Moldflow Corp), Executive Employment Agreement (Moldflow Corp)
Indemnification and Directors’ and Officers’ Insurance. During Executive's employment and for the period of time following termination of the Executive for any reason during which time Executive could be subject to any claim based on his her position in the Company, Executive shall receive the maximum indemnification protection from the Company as permitted by the Company's by-laws and shall receive directors' and officers' insurance coverage equivalent to that which is provided to any other director or officer of the Company.
Appears in 4 contracts
Samples: Executive Employment Agreement (Moldflow Corp), Executive Employment Agreement (Moldflow Corp), Executive Employment Agreement (Moldflow Corp)
Indemnification and Directors’ and Officers’ Insurance. During Executive's employment and for the period of time following termination of the Executive for any reason during which time Executive could be subject to any claim based on his position in the Companyemployment, Executive shall receive the maximum indemnification protection from the Company as permitted by the Company's by-laws applicable law and shall receive directors' and officers' insurance coverage equivalent to that which is provided to any other director or officer of the Company or the Affiliated Company.
Appears in 2 contracts
Samples: Executive Employment Agreement (Wyndham International Inc), Executive Employment Agreement (Patriot American Hospitality Inc/De)
Indemnification and Directors’ and Officers’ Insurance. During Executive's employment and for the period of time following termination of the Executive for any reason during which time Executive could be subject to any claim based on his position in the MPL or the Company, Executive shall receive the maximum indemnification protection from the Company as permitted by the Company's by-laws and shall receive directors' and officers' insurance coverage equivalent to that which is provided to any other director or officer of the Company.
Appears in 2 contracts
Samples: Executive Employment Agreement (Moldflow Corp), Executive Employment Agreement (Moldflow Corp)
Indemnification and Directors’ and Officers’ Insurance. During Executive's ’s employment and for the period of time following termination of the Executive for any reason during which time Executive could be subject to any claim based on his position in the MPL or the Company, Executive shall receive the maximum indemnification protection from MPL or the Company as permitted by the Company's ’s by-laws and shall receive directors' ’ and officers' ’ insurance coverage equivalent to that which is provided to any other director or officer of the Company.
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Indemnification and Directors’ and Officers’ Insurance. During Executive's ’s employment and for the period of time following termination of the Executive for any reason during which time Executive could be subject to any claim based on his position in MPL or the Company, Executive shall receive the maximum indemnification protection from MPL or the Company as permitted by the Company's ’s by-laws and shall receive directors' ’ and officers' ’ insurance coverage equivalent to that which is provided to any other director or officer of the Company.
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Indemnification and Directors’ and Officers’ Insurance. During Executive's ’s employment and for the period of time following termination of the Executive for any reason during which time Executive could be subject to any claim based on his her position in the Company, Executive shall receive the maximum indemnification protection from the Company as permitted by the Company's ’s by-laws and shall receive directors' ’ and officers' ’ insurance coverage equivalent to that which is provided to any other director or officer of the Company.
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