Indemnification and Liability Insurance. The Company shall indemnify and cover Executive under the Company’s directors’ and officers’ liability insurance during the Term in the same amount and to the same extent as the Company indemnifies and covers its other officers and directors.
Appears in 7 contracts
Samples: Employment Agreement (Forward Industries, Inc.), Employment Agreement (Forward Industries, Inc.), Employment Agreement (Forward Industries Inc)
Indemnification and Liability Insurance. The Company shall indemnify and cover the Executive under the Company’s directors’ and officers’ liability insurance during the Term in the same amount and to the same extent as the Company indemnifies and covers its other officers and directors.
Appears in 4 contracts
Samples: Employment Agreement (Forward Industries, Inc.), Employment Agreement (Forward Industries, Inc.), Employment Agreement (Forward Industries, Inc.)
Indemnification and Liability Insurance. The Company shall indemnify and Executive to the fullest extent permitted by applicable law with regard to Executive’s actions (or inactions) on behalf of Company, with advancement of legal fees on a current basis as permitted by law. The Company shall cover Executive under the Company’s directors’ professional and officers’ other appropriate liability insurance policies both during and, while any potential liability exists, after the Term term in the same amount and to the same extent extent, if any, as the Company indemnifies and covers its other officers and directorssenior executives.
Appears in 1 contract
Indemnification and Liability Insurance. The Company shall indemnify and cover Executive under the Company’s directors’ and officers’ liability insurance during the Term in the same amount and to the same extent as the Company indemnifies and covers its other officers officers- and directors.
Appears in 1 contract