Common use of Indemnification and D&O Insurance Clause in Contracts

Indemnification and D&O Insurance. The Company shall indemnify Executive (and advance expenses to Executive) to the greatest extent permitted by applicable state law and shall provide Executive with coverage under a directors’ and officers’ liability insurance policy to the same extent provided to other senior executives and directors of the Company.

Appears in 10 contracts

Samples: Employment Agreement (CG Oncology, Inc.), Employment Agreement (CG Oncology, Inc.), Employment Agreement (CG Oncology, Inc.)

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Indemnification and D&O Insurance. The Company shall indemnify Executive (and advance expenses to Executive) to the greatest extent permitted by applicable state law and shall provide Executive with indemnification and liability insurance coverage under a to the maximum extent permitted by the Company’s and its subsidiaries’ and affiliates’ organizational documents, including, if applicable, any directors’ and officers’ liability insurance policy policies, with such indemnification to be on terms determined by the Committee or any of its committees, but on terms no less favorable than provided to any other Company executive officer or director and subject to the same extent provided to other senior executives and directors terms of the Companyany separate written indemnification agreement.

Appears in 9 contracts

Samples: Employment Agreement (Mallinckrodt PLC), Employment Agreement (Mallinckrodt PLC), Employment Agreement (Mallinckrodt PLC)

Indemnification and D&O Insurance. The Company shall indemnify Executive (and advance expenses to Executive) to the greatest extent permitted by applicable state law and shall provide Executive with coverage under a directors’ and officers’ liability insurance policy to the same extent provided to other senior executives and directors of the Company.

Appears in 4 contracts

Samples: Employment Agreement (TS Innovation Acquisitions Corp.), Employment Agreement (TS Innovation Acquisitions Corp.), Employment Agreement (TS Innovation Acquisitions Corp.)

Indemnification and D&O Insurance. The Company shall indemnify Executive (and advance expenses to Executiveto) Executive to the greatest extent permitted by applicable state law and shall provide Executive with coverage under a directors’ and officers’ liability insurance policy to the same extent provided to other senior executives and directors of the Company.

Appears in 2 contracts

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

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Indemnification and D&O Insurance. The Company shall indemnify the Executive (and advance expenses to Executive) to the greatest extent permitted by applicable state law and shall provide Executive with coverage under the advancement of expenses to the fullest extent provided for like senior executives providing services for the Company. During the Employment Period and for a period of six years thereafter, the Company shall maintain directors’ and officers’ liability insurance policy to the same extent provided to other senior executives and directors of the Companycoverage for Executive.

Appears in 1 contract

Samples: Executive Employment Agreement (Chartermac)

Indemnification and D&O Insurance. The Company shall indemnify the Executive (and advance expenses to Executive) to the greatest extent permitted by applicable state law and shall provide Executive with coverage the advancement of expenses to the fullest extent that may be provided for under applicable law. During the Employment Period and for a period of six years thereafter, the Company shall maintain directors’ and officers’ liability insurance policy to the same extent provided to other senior executives and directors of the Companycoverage for Executive in amounts maintained by comparable companies.

Appears in 1 contract

Samples: Executive Employment Agreement (Chartermac)

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