Common use of Key Persons Provisions Clause in Contracts

Key Persons Provisions. The Company shall maintain Directors’ and Officers’ insurance for members of its Board of Directors in amounts considered reasonable by the Company and consistent with market practice in India.

Appears in 4 contracts

Samples: Share Subscription Agreement, Share Subscription Agreement (Millennium India Acquisition CO Inc.), Share Subscription and Purchase Agreement (India Globalization Capital, Inc.)

AutoNDA by SimpleDocs

Key Persons Provisions. The Company shall maintain all the relevant insurances including but not restricted to the Directors’ and Officers’ insurance for members of its Board of Directors in amounts considered reasonable by the Company and consistent with market practice in India.

Appears in 2 contracts

Samples: Shareholder Agreement (India Globalization Capital, Inc.), Shareholder Agreement (India Globalization Capital, Inc.)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!