Outside Entity Executive definition

Outside Entity Executive means: (1) any Executive of an Organization or other natural person indemnified by the Organization, who is, was, or will be acting at the specific request or direction of such Organization as an Executive, board observer or other position or capacity of: (i) a not-for-profit entity; or (ii) an Outside Entity that is a Portfolio Entity; or (2) any other person listed as an Outside Entity Executive in an endorsement attached to this policy.
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Outside Entity Executive means any Executive of a Company serving in the capacity as director, officer, trustee, trustee emeritus or governor of an Outside Entity, but only if such service is at the specific request or direction of a Company. In the event of a disagreement between a Company and an individual as to whether such individual was acting at the specific request or direction of such Company, this Coverage Section shall abide by the determination of the Named Insured on this issue and such determination shall be made by written notice to the Insurer within 90 days after the Claim first is reported to the Insurer pursuant to the terms of the policy. In the event no determination is made within such period, this Coverage Section shall apply as if the Named Insured determined that such Executive was not acting at such Company’s specific request or direction.
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Outside Entity Executive means any Director or Officer or any Employee of the Company who: (1) did or will serve or act; or (2) during the Period of Insurance is serving or acting, in the capacity as a Director or Officer (or equivalent executive or management position) of an Outside Entity at the Company’s specific direction and request.
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Examples of Outside Entity Executive in a sentence

  • Coverage A shall not apply to Loss arising from a Claim made against an Outside Entity Executive.

  • The Insurer shall pay the Loss of an Organization arising from a Claim first made during the Policy Period (or Discovery Period, if applicable) against an Insured Person (including an Outside Entity Executive) for any Wrongful Act of such Insured Person, but only if the Organization has indemnified the Insured Person for such Loss.

  • Insuring Agreement A shall not apply to Loss arising from a Claim made against an Outside Entity Executive.

  • The Insurer shall pay the Loss of an Outside Entity Executive arising from a Claim first made during the Policy Period (or Discovery Period, if applicable) against such Outside Entity Executive, for any Wrongful Act of such Outside Entity Executive.

  • For any Claim involving an Outside Entity Executive, this policy shall be specifically excess of any indemnification by the Outside Entity and any insurance coverage afforded to any such Outside Entity Executive or Outside Entity.

  • Outside Entity Executive means an Executive of the Insured Entity who is or was acting as a member of the board of directors, board of trustees, board of managers, or functional equivalent thereof, in any Not-For-Profit Outside Entity, provided and so long as such service is at the specific request, consent or direction of the Insured Entity.

  • SPECIMEN In connection with any covered Claim made against an Outside Entity Executive, a leased employee, or an independent contractor, and subject to all other terms and conditions herein, this policy shall apply specifically excess of any indemnification and any other insurance coverage available to an Outside Entity Executive, a leased employee or an independent contractor.

  • This policy shall pay the Loss of an Organization or a General Partner arising from a Claim made against an Insured Person (including an Outside Entity Executive), a General Partner or an Investment Advisor for any Wrongful Act of such Insured, taking place following the retroactive date, but only when and to the extent that such Organization or General Partner has indemnified such Insured Person, General Partner or Investment Advisor for such Loss.

  • In the event that no indemnification is provided for whatever reason by an Outside Entity, nor its Executives applicable to such Claim, the Organization must pay the excess specified in the Schedule and this policy shall only pay the Loss of any Outside Entity Executive in excess of the amount specified in the Schedule.

  • This policy shall pay the Loss of an Organization or a General Partner arising from a Claim made against an Insured Person (including an Outside Entity Executive), a General Partner or an Investment Advisor for any Wrongful Act of such Insured, but only when and to the extent that such Organization or General Partner has indemnified such Insured Person, General Partner or Investment Advisor for such Loss.


More Definitions of Outside Entity Executive

Outside Entity Executive means a natural person who is an employee, director or officer of the policyholder, who serves at the specific request of the policyholder as a director, officer, trustee, governor or equivalent of an outside entity.
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Outside Entity Executive means: (i) any Executive of an Organization serving in the capacity as director, officer, trustee, trustee emeritus or governor of an Outside Entity, but only if such service is at the specific request or direction of an Organization; or (ii) any other person listed as an Outside Entity Executive in an endorsement to this EPLI Coverage Part. It is understood and agreed that, in the event of a disagreement between an Organization and an individual as to whether such individual was acting at the specific request or direction of such Organization, this EPLI Coverage Part shall abide by the determination of the Named Organization on this issue and such determination shall be made by written notice to the Insurer within ninety (90) days after the Claim is first reported to the Insurer pursuant to the terms of the Policy. In the event no determination is made within such period, this EPLI Coverage Part shall apply as if the Named Organization determined that such Individual Insured was not acting at such Organization’s specific request or direction.
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Outside Entity Executive means any: (1) executive of a company who is, was or will be acting at the specific request or direction of a company as (1) an executive of an outside entity;(2) an executive of a not-for-profit entity; (3) a board observer of an outside entity; or (4) other person listed as an outside entity executive in an endorsement attached to this policy.
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Outside Entity Executive means any Executive of the Company serving in the capacity as
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Outside Entity Executive means any Executive of a Fund Organization serving in the capacity as director, officer, trustee, trustee emeritus or governor of an Outside Entity, but only if such service is at the specific request or direction of a Fund Organization or Fund Manager. In the event of a disagreement between a Fund Organization or Fund Manager and an individual as to whether such individual was acting at the specific request or direction of such Fund Organization or Fund Manager, this Coverage Section shall abide by the determination of the Named Insured on this issue and such determination shall be made by written notice to the Insurer within 90 days after the Claim first is reportedto the Insurer pursuant to the terms of the policy. In the event no determination is made within such period, this Coverage Section shall apply as if the Named Insured determined that such Executive was not acting at such Fund Organization or Fund Manager’s specific request or direction.
Sample 1
Outside Entity Executive means any Executive of a Fund Organization serving in the capacity as director, officer, trustee, trustee emeritus or governor of an Outside Entity, but only if such service is at the specific request or direction of a Fund Organization or Fund Manager. In the event of a disagreement between a Fund Organization or Fund Manager and an individual as to whether such individual was acting at the specific request or direction of such Fund Organization or Fund Manager, this Coverage Section shall abide by the determination of the Named Insured on this issue and such determination shall be made by written notice to the Insurer within 90 days after the Claim first is reportedto the Insurer pursuant to the terms of the policy. In the event no determination is made within such period, this Coverage Section shall apply as if the Named Insured determined that such Executive was not acting at such Fund Organization or Fund Manager’s specific request or direction.
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Related to Outside Entity Executive

  • Key Executive means an employee of a Textron Company who has been and continues to be designated as a Key Executive under the Plan by Textron’s Chief Executive Officer and Chief Human Resources Officer.

  • Key Executives means Xxxxx Xxxxxxx and Xxxxxxx Xxxxxxxxx, jointly and severally.

  • Non-Key Employee means any Employee who is not a Key Employee.

  • Executive Employee means those employees of the Company of Grade Level 10 or above.

  • Covered Executive means any “executive officer” of the Company as defined under Rule 10D-1.

  • County Executive means the County Executive of the County.

  • Management Company Employee means an individual employed by a Person providing management services to the Company which are required for the ongoing successful operation of the business enterprise of the Company, but excluding a Person engaged in Investor Relations Activities;

  • Protected Employee means any employee of the Company or an Affiliate who was employed by Company or an Affiliate at any time within six (6) months prior to the termination of Grantee’s employment for any reason or any earlier date of an alleged breach by Grantee of the restrictions in Section 17 hereof.

  • Named Executive means any individual who, on the last day of the Company’s fiscal year, is the chief executive officer of the Company (or is acting in such capacity) or among the four most highly compensated officers of the Company (other than the chief executive officer). Such officer status shall be determined pursuant to the executive compensation disclosure rules under the Exchange Act.

  • Eligible Executive means an employee of the Company selected as being eligible to participate in this Plan under Section C.1.a.

  • Male employee means an employed male who is caring for a child borne of his spouse or a child placed with the employee for adoption purposes.

  • Company Employee means any current or former employee, independent contractor or director of the Company or any Company Affiliate.

  • county executive committee member means the county executive committee member responsible for matters relating to land;

  • Company Control Person means each director, executive officer, promoter, and such other Persons as may be deemed in control of the Company pursuant to Rule 405 under the 1933 Act or Section 20 of the 1934 Act (as defined below).

  • Management Employee means an employee in a position having significant responsibilities for formulating district policies or administering district programs. Management positions shall be designated by the public school employer subject to review by the Public Employment Relations Board.

  • Excluded Employee means an employee as defined in section 3527, subd. (b) of the Government Code (Ralph C. Dills Act) except those excluded employees who are designated managerial pursuant to section 18801.1 of the Government Code.

  • Covered Executives means the Company’s current and former executive officers, as determined by the Administrator in accordance with the definition of executive officer set forth in Rule 10D-1 and the Listing Standards.

  • Terminating Company Breach has the meaning specified in Section 10.01(b).

  • Qualified employment position means a permanent full-time

  • School employee means (1) a teacher, substitute teacher, school administrator, school superintendent, guidance counselor, psychologist, social worker, nurse, physician, school paraprofessional or coach employed by a local or regional board of education or working in a public elementary, middle or high school; or (2) any other individual who, in the performance of his or her duties, has regular contact with students and who provides services to or on behalf of students enrolled in a public elementary, middle or high school, pursuant to a contract with the local or regional board of education.

  • Tipped employee means any employee engaged in an occupation in which s/he customarily and regularly receives more than $30 per month in tips. Tips include amounts designated as a tip by credit card customers on their charge slips. Nothing in this rule prevents an employer from requiring employees to share or allocate such tips or gratuities on a pre-established basis among other employees who customarily and regularly receive tips. Employer-required sharing of tips with employees who do not customarily and regularly receive tips, such as management or food preparers, or deduction of credit card processing fees from tipped employees, shall nullify allowable tip credits towards the minimum wage.

  • Key Employee means any executive-level employee (including, division director and vice president-level positions) as well as any employee who, either alone or in concert with others, develops, invents, programs, or designs any Company Intellectual Property (as defined in the Purchase Agreement).

  • Community Developmental Disability Program (CDDP means an entity that is responsible for planning and delivery of services for individuals with developmental disabilities in a specific geographic service area of the state operated by or under a contract with the Division or a local mental health authority.

  • Comparable Employee means as defined in Regulation 5(4) of the AWR being an employee of the Hirer who:

  • Female employee means an employed female who is pregnant or is caring for a child she has borne or a child who has been placed with her for adoption purposes.

  • Named Executive Officers or “NEOs” means the following individuals: