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

Indemnification; Directors’ and Officers’ Liability Insurance. The Executive shall, after a Change of Control, retain all rights to indemnification under applicable law or under the Company’s Certificate of Incorporation or Bylaws, 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 level in effect immediately prior to the Change in Control, for the five years following the Change in Control.

Appears in 5 contracts

Samples: Special Termination Agreement (Bearingpoint Inc), Special Termination Agreement (Bearingpoint Inc), Special Termination Agreement (Bearingpoint Inc)

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Indemnification; Directors’ and Officers’ Liability Insurance. The Executive shall, after a Change of Controlthe Effective Time, retain all rights to indemnification under applicable law or under the Company’s Certificate of Incorporation or Bylaws, as they may be amended or restated from time to time. In addition, the Company shall maintain directorDirector’s and officerOfficer’s liability insurance on behalf of the Executive, at the level in effect immediately prior to the Change in ControlEffective Time, for the five years (5) year period immediately following the Change in ControlEffective Time.

Appears in 5 contracts

Samples: Senior Executive Agreement (Affiliated Computer Services Inc), Senior Executive Agreement (Affiliated Computer Services Inc), Senior Executive Agreement (Affiliated Computer Services Inc)

Indemnification; Directors’ and Officers’ Liability Insurance. The Executive shall, after a Change of Control, retain all rights to indemnification under applicable law or under the Company’s Certificate of Incorporation or Bylaws, 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 level in effect immediately prior to the Change in of Control, for the five years following the Change in of Control.

Appears in 4 contracts

Samples: Special Termination Agreement (Bearingpoint Inc), Special Termination Agreement (Bearingpoint Inc), Special Termination Agreement (Bearingpoint Inc)

Indemnification; Directors’ and Officers’ Liability Insurance. The Executive shall, after a the Change of Control, retain all rights to indemnification under applicable law or under the Company’s Certificate of Incorporation or Bylaws, as they may be amended or restated from time to time. In addition, the Company shall maintain directorDirector’s and officerOfficer’s liability insurance on behalf of the Executive, at the level in effect immediately prior to the Change in of Control, for the five years (5) year period following the Change in of Control.

Appears in 4 contracts

Samples: Change of Control Agreement (Affiliated Computer Services Inc), Severance Agreement (Affiliated Computer Services Inc), Severance Agreement (Affiliated Computer Services Inc)

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

Appears in 2 contracts

Samples: Change of Control Termination Protection Agreement (Neiman Marcus Group Inc), Change of Control Termination Protection Agreement (Neiman Marcus Group Inc)

Indemnification; Directors’ and Officers’ Liability Insurance. The Executive shall, after a Change of Control, shall retain all rights to indemnification under applicable law or under the Company’s Certificate of Incorporation or BylawsBy-Laws, as they may be amended or restated from time to time. In addition, and the Company shall maintain director’s Directors’ and officer’s Officers’ liability insurance on behalf of the Executive, in both cases at the level in effect immediately prior to the Executive’s date of termination or immediately prior to the Change in Control, for whichever is greater, throughout the five years following the Change in Controlperiod of any applicable statute of limitations.

Appears in 2 contracts

Samples: Continuity Agreement (Genesee & Wyoming Inc), Continuity Agreement (Genesee & Wyoming Inc)

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Indemnification; Directors’ and Officers’ Liability Insurance. The Executive shall, after a the Change of Control, retain all rights to indemnification under applicable law or under the Company’s 's Certificate of Incorporation or Bylaws, as they may be amended or restated from time to time. In addition, the Company shall maintain director’s Director's and officer’s Officer's liability insurance on behalf of the Executive, at the level in effect immediately prior to the Change in of Control, for the five years (5) year period following the Change in of Control.

Appears in 2 contracts

Samples: Severance Agreement (Affiliated Computer Services Inc), Severance Agreement (Affiliated Computer Services Inc)

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

Appears in 1 contract

Samples: Employment Agreement (Affiliated Computer Services Inc)

Indemnification; Directors’ and Officers’ Liability Insurance. The Executive shall, after a Change of Control, retain all rights to indemnification under the Employment Letter, applicable law or under the Company’s Certificate of Incorporation or Bylaws, 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 level in effect immediately prior to the Change in of Control, for the five years following the Change in of Control.

Appears in 1 contract

Samples: Special Termination Agreement (Bearingpoint Inc)

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