Liability Insurance and Indemnification. The Company shall maintain directors’ and officers’ liability insurance for the Executive during the Term of Employment, and for a six (6) year period following the Executive’s Date of Termination at a level equivalent to the most favorable and protective coverage for any active officer or director of the Company. The Company agrees to indemnify the Executive for any job-related liability to the fullest extent permitted under applicable law, and its by-laws.
Appears in 7 contracts
Samples: Employment Agreement (INVO Bioscience, Inc.), Employment Agreement (Detwiler Kyle), Employment Agreement (Clever Leaves Holdings Inc.)
Liability Insurance and Indemnification. The Company shall --------------------------------------- maintain directors’ ' and officers’ ' liability insurance for the Executive during the Term of Employmentwhile employed, and for a six (6) year period following the Executive’s Date Termination of Termination Employment at a level equivalent to the most favorable and protective coverage for any active officer or director of the Company. The Company agrees to indemnify the Executive for any job-related liability to the fullest extent permitted under all applicable lawlaws, and its by-laws, and all other applicable indemnification agreements of the Company and any of its Subsidiaries.
Appears in 3 contracts
Samples: Employment Agreement (Wki Holding Co Inc), Employment Agreement (Wki Holding Co Inc), Employment Agreement (Wki Holding Co Inc)
Liability Insurance and Indemnification. The Company shall maintain --------------------------------------- directors’ ' and officers’ ' liability insurance for the Executive during the Term of Employmentwhile employed, and for a six (6) year period following the Executive’s Date Termination of Termination Employment at a level equivalent to the most favorable and protective coverage for any active officer or director of the Company. The Company agrees to indemnify the Executive for any job-related liability to the fullest extent permitted under all applicable lawlaws, and its by-laws, and all other applicable indemnification agreements of the Company and any of its Subsidiaries.
Appears in 2 contracts
Samples: Employment Agreement (Wki Holding Co Inc), Employment Agreement (Wki Holding Co Inc)
Liability Insurance and Indemnification. The Company shall --------------------------------------- maintain directors’ ' and officers’ ' liability insurance for the Executive during the Term of Employmentwhile employed, and for a six (6) year period following the Executive’s Date Termination of Termination Employment at a level equivalent to the most favorable and protective coverage for any active officer or director of the Company. The Company agrees to indemnify the Executive for any job-related liability to the fullest extent permitted under applicable law, and its by-laws, and other applicable indemnification agreements of the Company.
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