Common use of Officers and Directors Liability Insurance Clause in Contracts

Officers and Directors Liability Insurance. The Company shall purchase Officers and Directors Liability Insurance which shall cover the Executive in an amount and with coverage to be determined by the Company.

Officers and Directors Liability Insurance. The Company shall purchase Officers and Directors Liability Insurance which shall cover the Executive Executive, all Directors and designated Officers in an amount and with coverage mutually agreeable to be determined by the CompanyCompany and the Executive.