Common use of Liability Insurance and Indemnification Clause in Contracts

Liability Insurance and Indemnification. The Company shall maintain directors’ and officers’ liability insurance for Executive while employed and thereafter at a level equivalent to the level provided for current officers or directors of the Company. The Company shall indemnify Executive for any job-related liability to the fullest extent permitted by applicable law, Company by-laws, and any other applicable indemnification agreements.

Appears in 4 contracts

Samples: Employment Agreement (Valuevision Media Inc), Employment Agreement (Valuevision Media Inc), Employment Agreement (Valuevision Media Inc)

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Liability Insurance and Indemnification. The Company shall maintain directors' and officers' liability insurance for Executive while Executive is employed under this Agreement and thereafter at a level equivalent to the level provided for other current and former officers or directors of the Company. The Company shall indemnify and Executive for any job-related liability to the fullest extent permitted by applicable law, will enter into an indemnification agreement consistent with such agreements with other Company by-laws, and any other applicable indemnification agreementsofficers.

Appears in 1 contract

Samples: Employment Agreement (Crocs, Inc.)

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Liability Insurance and Indemnification. The Company shall maintain directors' and officers' liability insurance for Executive while employed and thereafter at a level equivalent to the level provided for current officers or directors of the Company. The Company shall indemnify Executive for any job-related liability to the fullest extent permitted by applicable law, Company by-laws, and any other applicable indemnification agreements.

Appears in 1 contract

Samples: Employment Agreement (Valuevision Media Inc)

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