Indemnification Insurance; Indemnification. During the Term, for the period in which Executive is a director or officer of the Company, the Company shall provide Executive with director’s and officer’s liability insurance to the extent that such insurance is provided to other directors and officers of the Company and is available at commercially reasonable premiums. Such insurance shall be in such form, and shall provide for such coverage and deductibles, as shall be commercially reasonable and standard for companies in businesses and circumstances similar to those of the Company.
Appears in 5 contracts
Samples: Employment Agreement (808 Renewable Energy Corp), Employment Agreement (Gallery Management Holding Corp), Employment Agreement (Ethos Environmental, Inc.)
Indemnification Insurance; Indemnification. During If during any period of the Term, for the period in which Executive Employee is a director or officer of the Company, the Company shall provide Executive Employee with director’s and officer’s liability insurance to the extent that such insurance is provided to other directors and officers of the Company and is available at commercially reasonable premiums. Such insurance shall be in such form, and shall provide for such coverage and deductibles, as shall be commercially reasonable and standard for companies in businesses and circumstances similar to those of the Company.
Appears in 3 contracts
Samples: Employment Agreement (True Drinks Holdings, Inc.), Employment Agreement (True Drinks Holdings, Inc.), Employment Agreement (True Drinks Holdings, Inc.)
