Post Distribution Date. Freescale acknowledges and agrees that from and after the Distribution Date (i) no member of the Motorola Group will purchase or maintain, or cause to be purchased or maintained, any insurance policy for the protection of Freescale, its Covered Subsidiaries, any member of the Freescale Group or any of their respective directors and officers, and (ii) the Freescale Group (including Freescale and its Covered Subsidiaries) will purchase insurance coverage sufficient to protect its interests.
Appears in 4 contracts
Samples: Master Separation and Distribution Agreement, Master Separation and Distribution Agreement (Freescale Semiconductor Inc), Master Separation and Distribution Agreement (Motorola Inc)
