Indemnity and D&O Insurance. The Company will indemnify and hold Employee harmless for all acts and omissions occurring during his employment to the maximum extent provided under the Company’s certificate of incorporation, by-laws and applicable law (as each may be amended from time to time). During the Term, the Company will purchase and maintain, at its own expense, directors’ and officers’ liability insurance providing coverage for Employee in the same amount as for similarly situated executives of the Company.
Appears in 13 contracts
Samples: Employment Agreement (Via Renewables, Inc.), Employment Agreement (Via Renewables, Inc.), Employment Agreement (Spark Energy, Inc.)