Common use of Officers’ and Directors’ Insurance and Indemnification Clause in Contracts

Officers’ and Directors’ Insurance and Indemnification. YPNT shall maintain ---------------------------------------------------- officers and directors insurance in amounts deemed necessary by Company and the Directors of YPNT (in no event shall said insurance be less than $2.5 million dollars in face amount) such that YPNT will indemnify Company and its officers, agents and employees against any and all 3rd party claims made against Company as more fully identified in YPNT's Bylaws and Articles of Incorporation, attached hereto and made part of this agreement herein by reference.

Officers’ and Directors’ Insurance and Indemnification. YPNT shall maintain ---------------------------------------------------- --------------------------------------------------------- officers and directors insurance in amounts deemed necessary by Company and the Directors of YPNT (in no event shall said insurance be less than $2.5 million dollars in face amount) such that YPNT will indemnify Company and its officers, agents and employees against any and all 3rd party claims made against Company as more fully identified in YPNT's Bylaws and Articles of Incorporation, attached hereto and made part of this agreement herein by reference.