Maintenance of D&O Insurance. (a) The Company hereby covenants and agrees that, so long as Indemnified Party shall continue to serve as a director or executive officer of the Company and thereafter, for so long as Indemnified Party shall be subject to any possible Proceeding arising from any Covered Act, the Company, subject to Section 2(c), shall maintain in full force and effect D&O Insurance.
Appears in 30 contracts
Samples: Indemnification Agreement (Oakley Inc), Indemnification Agreement (Oakley Inc), Indemnification Agreement (Oakley Inc)
