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

Indemnification and Directors and Officers Liability Insurance. (i) The Company will obtain directors’ and officer’ liability insurance and Executive will be entitled to the benefits of such policy in accordance with the terms of the policy. The Company shall also provide Executive with indemnification as provided in the Company’s by-laws subject to the provisions of Section 10(e)(ii) of this Agreement.

Appears in 7 contracts

Samples: Employment Agreement (NutriBand Inc.), Employment Agreement (NutriBand Inc.), Employment Agreement (NutriBand Inc.)

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Indemnification and Directors and Officers Liability Insurance. (i) The Company will obtain directors’ and officer’ liability insurance and Executive will be entitled to the benefits of such policy in accordance with the terms of the policy. The Company shall also provide Executive with indemnification as provided in the Company’s by-laws subject to the provisions of Section 10(e)(ii) of this Agreementlaws.

Appears in 1 contract

Samples: Employment Agreement (Nature's Best Brands, Inc.)

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