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

Indemnification and Directors’ and Officers’ Insurance. The Company will indemnify you to the fullest extent permitted by the laws of the State of Delaware, as in effect at the time of the subject act or omission, and you shall be entitled to the protection of any insurance policies the Company may elect to maintain generally for the benefit of its directors and officers.

Appears in 5 contracts

Samples: Employment Agreement (Pardes Biosciences, Inc.), Pardes Biosciences, Inc., Pardes Biosciences, Inc.

AutoNDA by SimpleDocs

Indemnification and Directors’ and Officers’ Insurance. The Company will shall indemnify and defend you in connection with claims asserted against you based on your acts and omissions in connection with your employment with the Company to the fullest full extent permitted by the laws of the State of Delaware, as in effect at the time of the subject act or omission, Delaware law and you shall any related payments will be paid promptly by company. You will be entitled to the protection of any same coverage pursuant to the Company's Directors and Officers liability insurance policies the policy as is extended to similarly situated Company may elect to maintain generally for the benefit of its directors and officersemployees.

Appears in 1 contract

Samples: Janus Capital Group Inc

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.