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

Indemnification; Directors’ and Officers’ Liability Insurance. During the Term and thereafter, the Company shall indemnify and hold harmless the Executive and his heirs and representatives as, and to the extent, provided in the Company’s by-laws. During the Term and thereafter, the Company shall also cover Executive under the Company’s directors’ and officers’ liability insurance on the same basis as it covers other senior executive officers and directors of the Company.

Appears in 9 contracts

Samples: Employment Agreement (Atlas Holdings, Inc.), Employment Agreement (Impax Laboratories Inc), Employment Agreement (Impax Laboratories Inc)

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Indemnification; Directors’ and Officers’ Liability Insurance. During the Term Employment Period and thereafter, the Company shall indemnify and hold harmless the Executive and his heirs and representatives as, and to the extent, provided in the Company’s bycharter documents, including, but not limited to, its By-lawsLaws. During the Term Employment Period and thereafter, the Company shall also cover Executive under the Company’s directors’ and officers’ liability insurance on the same basis as it covers other senior executive officers and directors of the Company.

Appears in 5 contracts

Samples: Employment Agreement (Dorman Products, Inc.), Employment Agreement (Dorman Products, Inc.), Employment Agreement (Dorman Products, Inc.)

Indemnification; Directors’ and Officers’ Liability Insurance. During the Term and thereafter, the Company shall indemnify and hold harmless the Executive and his heirs and representatives as, and to the extent, provided in the Company’s by-laws. During the Term and thereafter, the Company shall also cover the Executive under the Company’s directors’ and officers’ liability insurance on the same basis as it covers other senior executive officers and directors of the Company.

Appears in 4 contracts

Samples: Employment Agreement (Atlas Holdings, Inc.), Employment Agreement (Atlas Holdings, Inc.), Employment Agreement (Impax Laboratories Inc)

Indemnification; Directors’ and Officers’ Liability Insurance. During the Term Employment Period and thereafter, the Company shall indemnify and hold harmless the Executive and his heirs and representatives as, and to the extent, provided in the Company’s bycharter documents, including, but not limited to, its By-lawsLaws. During the Term Employment Period and thereafter, the Company shall also cover the Executive under the Company’s directors’ and officers’ liability insurance on the same basis as it covers other senior executive officers and directors of the Company.

Appears in 1 contract

Samples: Employment Agreement (Dorman Products, Inc.)

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Indemnification; Directors’ and Officers’ Liability Insurance. During the Term and thereafter, the Company shall indemnify and hold harmless the Executive and his heirs and representatives as, and to the extent, provided in the Company’s by-lawsbylaws. During the Term and thereafter, the Company shall also cover the Executive under the Company’s directors’ and officers’ liability insurance on the same basis as it covers other senior executive officers and directors of the Company.

Appears in 1 contract

Samples: Employment Agreement (Impax Laboratories Inc)

Indemnification; Directors’ and Officers’ Liability Insurance. During the Term and thereafter, the Company shall indemnify and hold harmless the Executive and his her heirs and representatives as, and to the extent, provided in the Company’s by-laws. During the Term and thereafter, the Company shall also cover Executive under the Company’s directors’ and officers’ liability insurance on the same basis as it covers other senior executive officers and directors of the Company.

Appears in 1 contract

Samples: Employment Agreement (Impax Laboratories Inc)

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