O Insurance. Maintain existing directors and officers liability (E&O) insurance, if any, until final dissolution of the School Corporation. If no such E&O insurance exists, disclose this fact to the board of directors. Other:
O Insurance. (a) [Intentionally Omitted.]
O Insurance. 11.1 If and to the extent that such obligations are permitted by Law, for six years after the Effective Date, Keysight undertakes in favour of Target and in favour of each of the directors and officers (and other individuals serving in roles equivalent to that of a director and/or officer and/or who are subject to fiduciary (or equivalent) duties to a member of the Target Group as a result of the position they hold, such individuals being “Relevant Individuals”)) of the Target Group as at and prior to the date of this Agreement to:
O Insurance. 9.1 To the extent permitted by applicable Law, for six years after the Effective Date, Offeror undertakes in favour of Target and in favour of each of the directors, officers and employees of Target and each of its subsidiary undertakings as at and prior to the date of this Agreement to procure that the members of the Target Group shall honour and fulfil all their respective obligations (if any) existing at the date of this Agreement regarding exclusion or limitation of liability of directors, indemnification of officers, directors and officers insurance and directors and employees and advancement of expenses with respect to matters existing or occurring at or prior to the Effective Date.
O Insurance. The Corporation shall maintain in full force and effect at all times during the duration of this Agreement a directors and officers insurance policy with coverage in an amount which the Board determines from time to time is appropriate for a business such as the Corporation.
O Insurance. 7.1 The Company shall purchase and maintain directors’ and officers’ liability insurance (“D&O Insurance”) to insure the Director as a director of the Company during the period of the Director’s appointment and for a period of [six] years thereafter to the extent that such insurance can be obtained at such cost and on such terms as the Board considers to be reasonable.
O Insurance. During the Employment Period, the Company shall cause the Executive to be listed as a named insured, or otherwise covered as an insured person, under such generally applicable directors and officers insurance coverage as it may elect to maintain from time to time. The Company shall use commercially reasonable efforts to cause the Executive to continue to be listed as a named insured, or otherwise covered as an insured person, under such generally applicable directors and officers insurance coverage as it may elect to maintain from time to time for a reasonable period (which shall in no event exceed six (6) years) after the Employment Period, provided that such coverage for the Executive is reasonably available from the Company’s then- existing insurance compan(ies) and is reasonably priced, in each case as determined by the Company in its good faith discretion. Nothing herein prohibits the Company from suspending, amending or discontinuing its directors and officers insurance or from changing insurance carriers at any time for any or no reason with or without notice, as long as any such actions are applicable to Company executives generally. 4.
O Insurance. The Company shall maintain directors and officers liability insurance in such amounts and coverage as shall be approved from time to time by the Board, but in no event shall the coverage for Executive Chairman be less (in amount or scope) than the coverage provided for any other officer or director of the Company. Such insurance coverage shall continue as to Executive Chairman for at least six years after he has ceased to be a director, officer or executive of the Company with respect to acts or omissions that occurred prior to such cessation. Insurance contemplated by this Section 4 shall inure to the benefit of Executive Chairman, his heirs and the executors and administrators of his estate.
O Insurance. 9.1 The Company shall procure that any directors and officers insurance cover it has in place shall be extended to cover the Director as soon as practicable following the date of execution of this Agreement. If the Company has no directors and officers insurance cover in place, and if Paradigm requires such cover, the Company shall procure such insurance policy on terms which are customary in the market and acceptable to the Board within 90 days of the date hereof. The Company will seek to ensure that one of those terms will be to have expenses advanced in order to defend proceedings pursuant to clause 8.5.
