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

Indemnification; Directors’ and Officers’ Liability Insurance. Executive shall, after the Termination Date, retain all rights to indemnification under applicable law or under the Company's Certificate of Incorporation or By-Laws, as they may be amended or restated from time to time. In addition, the Company shall maintain Director's and Officer's liability insurance on behalf of Executive, at the level in effect immediately prior to the Termination Date, for the three year period following the Termination Date, and throughout the period of any applicable statute of limitations.

Appears in 20 contracts

Samples: Employment Agreement (Aramark Worldwide Corp), Employment Agreement (Aramark Worldwide Corp), Termination Protection Agreement (Seagram Co LTD)

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Indemnification; Directors’ and Officers’ Liability Insurance. (i) Executive shall, after the Termination Date, shall retain all rights to indemnification under applicable law or under the Company's Certificate of Incorporation or By-Laws, as they may be amended or restated from time to time. In addition, and (ii) the Company shall maintain Director's and Officer's liability insurance on behalf of Executive, in both cases at the level in effect immediately prior to the Termination DateDate or immediately prior to the Change in Control, whichever is greater, for a number of years equal to the three year period Severance Multiple following the Termination Date, and throughout the period of any applicable statute of limitations.

Appears in 14 contracts

Samples: Termination Protection Agreement (Harcourt General Inc), Termination Protection Agreement (Harcourt General Inc), Termination Protection Agreement (Harcourt General Inc)

Indemnification; Directors’ and Officers’ Liability Insurance. Executive shall, after the Termination Date, retain all rights to indemnification under applicable law or law, any agreements and under the Company's ’s Certificate of Incorporation or By-Laws, as they may be amended or restated from time to time. In addition, the Company shall maintain Director's ’s and Officer's ’s liability insurance on behalf of Executive, at the level in effect immediately prior to the Termination Date, for the three year period following the Termination Date, and throughout the period of any applicable statute of limitations.

Appears in 7 contracts

Samples: Employment Agreement (Aramark), Employment Agreement (Aramark), Employment Agreement (Epic NewCo, Inc.)

Indemnification; Directors’ and Officers’ Liability Insurance. Executive shall, after the Termination Date, retain all rights to indemnification under applicable law or under the Company's ’s Certificate of Incorporation or By-Laws, as they may be amended or restated from time to time. In addition, the Company shall maintain Director's ’s and Officer's ’s liability insurance on behalf of Executive, at the level in effect immediately prior to the Termination Date, for the three year period following the Termination Date, and throughout the period of any applicable statute of limitations.

Appears in 5 contracts

Samples: Employment Agreement (Aramark Corp/De), Employment Agreement (Aramark Corp/De), Employment Agreement (Aramark Corp/De)

Indemnification; Directors’ and Officers’ Liability Insurance. Executive shall, after the Termination Date, retain all rights to indemnification under applicable law or under the Company's Certificate of Incorporation or By-Laws, as they may be amended or restated from time to time. In addition, the Company shall maintain Director's and Officer's liability insurance on behalf of Executive, at the level in effect immediately prior to the Termination Date, for the three two year period following the Termination Date, and throughout the period of any applicable statute of limitations.

Appears in 5 contracts

Samples: Termination Protection Agreement (Seagram Co LTD), Termination Protection Agreement (Seagram Co LTD), Termination Protection Agreement (Seagram Co LTD)

Indemnification; Directors’ and Officers’ Liability Insurance. Executive shall, after the Termination Date, retain all rights to indemnification under applicable law law, any agreements, (including without limitation, the Stockholders Agreement), or under the Company's ’s Certificate of Incorporation or By-Laws, as they may be amended or restated from time to time. In addition, the Company shall maintain Director's ’s and Officer's ’s liability insurance on behalf of Executive, at the level in effect immediately prior to the Termination Date, for the three year period following the Termination Date, and throughout the period of any applicable statute of limitations.

Appears in 4 contracts

Samples: Employment Agreement (Aramark), Employment Agreement, Employment Agreement (Aramark)

Indemnification; Directors’ and Officers’ Liability Insurance. Executive shall, after the Termination Date, retain all rights to indemnification under applicable law or under the applicable Company's Certificate Articles of Incorporation or By-Laws, as they may be amended or restated from time to time. In addition, the Company shall maintain Director's and Officer's liability insurance on behalf of Executive, at the level in effect immediately prior to the Termination Date, for the three three-year period following the Termination Date, and throughout the period of any applicable statute of limitations.

Appears in 4 contracts

Samples: Termination Protection Agreement (Imperial Credit Industries Inc), Termination Protection Agreement (Imperial Credit Industries Inc), Termination Protection Agreement (Imperial Credit Industries Inc)

Indemnification; Directors’ and Officers’ Liability Insurance. The Executive shall, after the Termination Date, retain all rights to indemnification under applicable law or under the Company's Certificate of Incorporation or By-Laws, as they may be amended or restated from time to time. In addition, the Company shall maintain Director's and Officer's liability insurance on behalf of the Executive, at the better of the level in effect immediately prior to the Change in Control or the Executive's Termination Date, for the three (3) year period following the Termination Date, and throughout the period of any applicable statute of limitations.

Appears in 3 contracts

Samples: Employment Agreement (Polaroid Corp), Employment Agreement (Polaroid Corp), Employment Agreement (Polaroid Corp)

Indemnification; Directors’ and Officers’ Liability Insurance. Executive shall, after the Termination Date, retain all rights to indemnification under applicable law or under the Company's ’s Certificate of Incorporation or By-Laws, as they may be amended or restated from time to time. In addition, the Company shall maintain Director's ’s and Officer's ’s liability insurance on behalf of Executive, at no less than the level in effect immediately prior to the Termination Date, for the three six-year period following the Termination Date, Date and throughout the period of any applicable statute of limitationslimitations with respect to any services rendered by Executive for or on behalf of the Company.

Appears in 2 contracts

Samples: Termination Protection Agreement, Termination Protection Agreement (Union Drilling Inc)

Indemnification; Directors’ and Officers’ Liability Insurance. Executive shall, after the Termination Date, retain all rights to indemnification under applicable law law, any agreements, or under the Company's ’s Certificate of Incorporation or By-Laws, as they may be amended or restated from time to time. In addition, the Company shall maintain Director's ’s and Officer's ’s liability insurance on behalf of Executive, at the level in effect immediately prior to the Termination Date, for the three year period following the Termination Date, and throughout the period of any applicable statute of limitations.

Appears in 1 contract

Samples: Employment Agreement (Aramark)

Indemnification; Directors’ and Officers’ Liability Insurance. Executive shall, after the Termination Date, retain all rights to indemnification under applicable law or law, any agreements and under the Company's ’s Certificate of Incorporation or By-By- Laws, as they may be amended or restated from time to time. In addition, the Company shall maintain Director's ’s and Officer's ’s liability insurance on behalf of Executive, at the level in effect immediately prior to the Termination Date, for the three year period following the Termination Date, and throughout the period of any applicable statute of limitations.

Appears in 1 contract

Samples: Employment Agreement (Aramark)

Indemnification; Directors’ and Officers’ Liability Insurance. Executive shall, after the Termination Date, retain all rights to indemnification under applicable law or under the Company's Certificate Articles of Incorporation or By-Laws, as they may be amended or restated from time to time. In addition, the Company shall maintain Director's and Officer's liability insurance on behalf of Executive, at the level in effect immediately prior to the Termination Date, for the three two (2) year period following the Termination Date, and throughout the period of any applicable statute of limitations.

Appears in 1 contract

Samples: Executive Retention Agreement (Terra Industries Inc)

Indemnification; Directors’ and Officers’ Liability Insurance. Executive shall, after the Termination Date, retain all rights to indemnification under applicable law law, any agreements, or under the Company's ’s Certificate of Incorporation or By-Laws, as they may be amended or restated from time to time. In addition, the Company shall maintain Director's ’s and Officer's ’s liability insurance on behalf of Executive, at the level in effect immediately prior to the Termination Date, for the three three-year period following the Termination Date, and throughout the period of any applicable statute of limitations. Nothing herein is intended to limit Employee’s rights under the Indemnification Agreement.

Appears in 1 contract

Samples: Employment Agreement (Aramark)

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Indemnification; Directors’ and Officers’ Liability Insurance. Executive shall, shall after the Termination Date, retain all rights to indemnification under applicable law or under the Company's ’s Certificate of Incorporation or By-Laws, as they may be amended or restated from time to time. In addition, the Company shall maintain Director's ’s and Officer's ’s liability insurance on behalf of Executive, at the level in effect immediately prior to the Termination Date, for the three year period following the Termination Date, and throughout the period of any applicable statute of limitations.

Appears in 1 contract

Samples: Employment Agreement (Aramark Corp/De)

Indemnification; Directors’ and Officers’ Liability Insurance. The Executive shall, after the Termination Merger Date, retain all rights to indemnification under applicable law or under the Company's ’s Certificate of Incorporation or By-LawsBylaws, as they may be amended or restated from time to time. In addition, the Company shall maintain Director's ’s and Officer's ’s liability insurance on behalf of the Executive, at the level in effect immediately prior to the Termination DateMerger Date until May 18, for the three year period following the Termination Date2014, and throughout the period of any applicable statute of limitations.

Appears in 1 contract

Samples: Separation Agreement (Affiliated Computer Services Inc)

Indemnification; Directors’ and Officers’ Liability Insurance. Executive shall, after the Termination Date, retain all rights to indemnification under applicable law or under the Company's Corporation’s Certificate of Incorporation or By-Laws, as they may be amended or restated from time to time. In addition, the Company corporation shall maintain Director's Directors’ and Officer's Officers’ liability insurance on behalf of Executive, at the level in effect immediately prior to the Termination Date, for the three year period two years following the Termination Date, and throughout the period of any applicable statute of limitations.

Appears in 1 contract

Samples: Termination Protection Agreement (Bowne & Co Inc)

Indemnification; Directors’ and Officers’ Liability Insurance. Executive shall, after the Termination Date, retain all rights to indemnification under applicable law or under the CompanyCorporation's Certificate of Incorporation or By-Laws, as they may be amended or restated from time to time. In addition, the Company corporation shall maintain Director's Directors' and Officer's Officers' liability insurance on behalf of Executive, at the level in effect immediately prior to the Termination Date, for the three year period two years following the Termination Datedate, and throughout the period of any applicable statute of limitations.

Appears in 1 contract

Samples: Termination Protection Agreement (Bowne & Co Inc)

Indemnification; Directors’ and Officers’ Liability Insurance. Executive shall, after the Termination Date, retain all rights to indemnification under applicable law or under the Company's Certificate Articles of Incorporation or By-Laws, as they may be amended or restated from time to time. In addition, the Company shall maintain Director's and Officer's liability insurance on behalf of Executive, at the level in effect immediately prior to the Termination Date, for the three (3) year period following the Termination Date, and throughout the period of any applicable statute of limitations.

Appears in 1 contract

Samples: Executive Retention Agreement (Terra Industries Inc)

Indemnification; Directors’ and Officers’ Liability Insurance. Executive shall, after the Termination Date, retain all rights to indemnification under applicable law or under the Company's Certificate of Incorporation or By-Laws, as they may be amended or restated from time to time. In addition, the Company shall maintain Director's and Officer's liability insurance on behalf of Executive, at the level in effect immediately prior to the Termination Date, for the three year period following the Termination Date, and throughout the period of any applicable statute of limitations.. 7 7

Appears in 1 contract

Samples: Termination Protection Agreement (Seagram Co LTD)

Indemnification; Directors’ and Officers’ Liability Insurance. Executive shall, after the Termination Date, retain all rights to indemnification under applicable law or law, any agreements and under the Company's ’s Certificate of Incorporation or By-Laws, as they may be amended or restated from time to time. In addition, the Company shall maintain Director's ’s and Officer's ’s liability insurance on behalf of Executive, at the level in effect immediately prior to the Termination Date, for the three year period following the Termination Date, and throughout the period of any applicable statute of limitations. Nothing herein is intended to limit Employee’s rights under the Indemnification Agreement.

Appears in 1 contract

Samples: Employment Agreement (Aramark)

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