Officer and Director Liability Insurance. The Company shall, from time to time, make the good faith determination whether or not it is practicable for the Company
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Samples: Indemnification Agreement (Merchants Bancshares Inc /Tx/), Indemnification Agreement (Merchants Bancshares Inc /Tx/), Indemnification Agreement (Merchants Bancshares Inc /Tx/)
Officer and Director Liability Insurance. The Company shall, from time ---------------------------------------- to time, make the good faith determination whether or not it is practicable for the Company to obtain and maintain a policy or policies of insurance with reputable insurance companies providing the officers and directors of the Company with coverage for losses from wrongful acts, or to ensure the Company's performance of its indemnification obligations under this Agreement. Among other considerations, the Company will weigh the costs of obtaining such insurance coverage against the protection afforded by such coverage.
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Officer and Director Liability Insurance. The Company shall, from time to time, make the good faith determination whether or not it is practicable for the CompanyCompany to obtain and maintain a policy or policies of insurance with reputable insurance companies providing the officers and directors
Appears in 1 contract
Officer and Director Liability Insurance. The Company shall, from time to time, make the good faith determination whether or not it is practicable for the Company to obtain and maintain a policy or policies of insurance with reputable insurance companies providing the officers and directors of the Company with coverage for losses from wrongful acts, or to ensure the Company's performance of its indemnification obligations under this Agreement. Among other considerations, the Company will weigh the costs of obtaining such insurance coverage against the protection afforded by such coverage.
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