Indemnification; Insurance. The Executive shall be entitled to liability and expense indemnification and reimbursement to the fullest extent permitted by the Company’s current By-laws and Certificate of Incorporation, whether or not the same are subsequently amended. During the Term, the Company will use commercially reasonable efforts to maintain in effect directors’ and officers’ liability insurance no less favorable to Executive than that in effect as of the date of this Agreement.
Appears in 16 contracts
Samples: Employment Agreement (Novavax Inc), Employment Agreement (Novavax Inc), Employment Agreement (Novavax Inc)
Indemnification; Insurance. The Executive shall be entitled to liability and expense indemnification indemnification, advancement of expenses and reimbursement to the fullest extent permitted by the Company’s current By-laws and Certificate of Incorporation, whether or not the same are subsequently amended. During the Term, the Company will use commercially reasonable efforts to maintain in effect directors’ and officers’ liability insurance no less favorable to Executive than that in effect as of the date of this Agreement.
Appears in 4 contracts
Samples: Employment Agreement (Novavax Inc), Employment Agreement (Novavax Inc), Employment Agreement (Novavax Inc)
Indemnification; Insurance. The Executive shall be entitled to liability and expense indemnification indemnification, advancement of expenses and reimbursement to the fullest extent permitted by the CompanyEmployer’s current By-laws and Certificate of Incorporation, whether or not the same are subsequently amended. During the Term, the Company Employer will use commercially reasonable efforts to maintain in effect directors’ and officers’ liability insurance no less favorable to Executive than that in effect as of the date of this Agreement.
Appears in 4 contracts
Samples: Retirement Agreement (Misonix Inc), Employment Agreement (Misonix Inc), Employment Agreement (Misonix Inc)
Indemnification; Insurance. The Executive shall be entitled to liability and expense indemnification and reimbursement to the fullest extent permitted by the Company’s current Amended and Restated By-laws and Second Amended and Restated Certificate of Incorporation, whether or not the same are subsequently amended. During the Term, the Company will use commercially reasonable efforts to maintain in effect directors’ and officers’ liability insurance no less favorable to Executive than that in effect as of the date of this Agreement.
Appears in 3 contracts
Samples: Employment Agreement (Novavax Inc), Employment Agreement (Novavax Inc), Employment Agreement (Novavax Inc)
Indemnification; Insurance. The Executive shall will be entitled to liability and expense (a) indemnification and reimbursement (b) coverage under Company’s, director’s, and officer’s insurance policies, if any, to the fullest extent permitted by the applicable law and Company’s current By-laws governing documents and Certificate the terms of Incorporationsuch policies, whether respectively, and in no event, shall the rights to indemnification or not the same are subsequently amended. During the Term, the Company will use commercially reasonable efforts to maintain such coverage be lesser in effect directors’ and officers’ liability insurance no less favorable to Executive any material respect than that in effect as any other director or officer of the date of this AgreementCompany.
Appears in 2 contracts
Samples: Employment Agreement (Scopus BioPharma Inc.), Employment Agreement (Scopus BioPharma Inc.)
Indemnification; Insurance. The Executive shall be entitled to liability and expense indemnification and reimbursement to the fullest extent permitted by the Company’s 's current Amended and Restated By-laws and Second Amended and Restated Certificate of Incorporationlncorporation, whether or not the same are subsequently amended. During the Term, the Company will use commercially reasonable efforts to maintain in effect directors’ ' and officers’ ' liability insurance no less favorable to Executive than that in effect as of the date of this Agreement.
Appears in 1 contract
Samples: Employment Agreement (Novavax Inc)
Indemnification; Insurance. The Executive shall be entitled to liability and expense indemnification indemnification, advancement of expenses and reimbursement to the fullest extent permitted by the Company’s current By-laws and Certificate of Incorporation, whether or not the same are subsequently amendedin effect from time to time. During the Term, the Company will use commercially reasonable efforts to maintain in effect directors’ and officers’ liability insurance no less favorable to Executive than that in effect as of the date of this Agreement.
Appears in 1 contract
Samples: Employment Agreement (Novavax Inc)
Indemnification; Insurance. The Executive shall be entitled to liability and expense indemnification and reimbursement to the fullest extent permitted by the Company’s 's current Amended and Restated By-laws and Second Amended and Restated Certificate of Incorporation, whether or not the same are subsequently amended. amended During the Term, the Company will use commercially reasonable efforts to maintain in effect directors’ ' and officers’ ' liability insurance no less favorable to Executive than that in effect as of the date of this Agreement.
Appears in 1 contract
Samples: Employment Agreement (Novavax Inc)
Indemnification; Insurance. The Executive shall be entitled to liability and expense indemnification and reimbursement to the fullest extent permitted by the Company’s current Amended and Restated By-laws and Second Amended and Restated Certificate of Incorporation, whether or not the same are subsequently amendedas in effect from time to time. During the Term, the Company will use commercially reasonable efforts to maintain in effect directors’ and officers’ liability insurance no less favorable to Executive than that in effect as of the date of this Agreement.
Appears in 1 contract
Samples: Employment Agreement (Novavax Inc)