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 19 contracts

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

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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 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 3 contracts

Samples: Aramark Agreement (Aramark), Aramark Agreement (Aramark), Aramark Corporation Agreement (Aramark 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, Form of Termination Protection Agreement (Union Drilling 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 two (2) year period following the Termination Date, and throughout the period of any applicable statute of limitations.

Appears in 2 contracts

Samples: 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 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-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: Aramark 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 And (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 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 Date, and throughout the period of any applicable statute of limitations. 8.

Appears in 1 contract

Samples: Termination Protection Agreement 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: Revised 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 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 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)

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