Common use of Liability Insurance Indemnification Clause in Contracts

Liability Insurance Indemnification. The Company shall cover the Executive under directors’ and officers’ liability insurance both during and, while potential liability exists, after the term of this Agreement in the same amount and to the same extent as the Company covers its other officers and directors. In addition, the Company shall indemnify the Executive on the same basis as members of the Board. The tights of indemnification shall not be deemed exclusive under applicable law, the Company’s Certificate of Incorporation, the Company’s Bylaws, any agreement, a vote of stockholders, a resolution of directors or otherwise, of the Company.

Liability Insurance Indemnification. The Company shall cover the Executive under directors’ and officers’ liability insurance both during and, while potential liability exists, after the term of this Agreement in the same amount and to the same extent as the Company covers its other most senior active officers and directors. In addition, the Company shall indemnify the Executive on the same basis as its most senior active officers and active members of the Board. The tights rights of indemnification shall not be deemed exclusive under applicable law, the Company’s Certificate of Incorporation, the Company’s Bylaws, any agreement, a vote of stockholders, a resolution of directors or otherwise, of the Company.

Liability Insurance Indemnification. The Company shall cover the Executive under directors’ ' and officers’ ' liability insurance both during and, while potential liability exists, after the term of this Agreement in the same amount and to the same extent as the Company covers its other most senior active officers and directors. In addition, the Company shall indemnify the Executive on the same basis as its most senior active officers and active members of the Board. The tights rights of indemnification shall not be deemed exclusive under applicable law, the Company’s 's Certificate of Incorporation, the Company’s 's Bylaws, any agreement, a vote of stockholders, a resolution of directors or otherwise, of the Company.