Common use of Indemnification; Maintenance of D&O Insurance Clause in Contracts

Indemnification; Maintenance of D&O Insurance. The Company shall indemnify the directors and officers of the Company to the fullest extent permissible under Delaware law and, without limiting the generality of the foregoing, the Company and the Stockholders shall take all actions necessary to include provisions in the Company's Certificate of Incorporation limiting the liability of directors to the maximum extent permitted by Delaware law and providing that the directors and officers shall be indemnified to the maximum extent permitted by Delaware law. The Company shall maintain appropriate directors and officers insurance in such amounts and covering such risks as the Board may determine from time to time in light of the cost and availability of such insurance.

Appears in 4 contracts

Samples: Stockholders Agreement (Cramer Rosenthal McGlynn Inc /Adv), Stockholders Agreement (Logimetrics Inc), Stockholders Agreement (Fisher Mark B)

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