Common use of Indemnification and Directors’ and Officers’ Insurance Clause in Contracts

Indemnification and Directors’ and Officers’ Insurance. The Employers shall indemnify the Executive to the same extent as it indemnifies its other officers and members of the Board under the Employers’ Articles of Incorporation, Bylaws and other organizational documents as in effect from time to time. The Executive shall also be covered by the Employers’ directors’ and officers’ liability, errors and omissions, special crime and fiduciary insurance policies.

Indemnification and Directors’ and Officers’ Insurance. The Employers shall indemnify the Executive to the same extent as it indemnifies its other officers and members of the Board under the Employers’ Articles of Incorporation, Bylaws and other organizational documents as in effect from time to timetime and to the fullest extent permitted by law. The Executive shall also be covered by the Employers’ directors’ and officers’ liability, errors and omissions, special crime and fiduciary insurance policiespolicies in effect from time to time.