Outside Position definition

Outside Position means the position of director, officer, manager, trustee or other equivalent executive position held by an Insured Person in an Outside Entity if service in such position is with the knowledge and consent of, at the direction or request of, or part of the duties regularly assigned to the Insured Person by, the Company.
Outside Position means service by an Insured Person as a member of the board of directors, officer, member of the board of trustees, member of the board of managers, member of the board of regents, member of the board of governors or a functional equivalent thereof with an Outside Entity, but only during such time that such service is with the knowledge, consent, and at the specific request of the Insured Organization.
Outside Position means the position of director, officer, manager, trustee, volunteer or other equivalent position held by any insured person in a non-profit entity not included in the definition of company, if service in such position is with the knowledge or consent of, at the direction or request of, or part of the duties regularly assigned to the insured person by the company.

Examples of Outside Position in a sentence

  • Payment by the Insurer or any affiliate of the Insurer under another policy as a result of a Claim against an Insured Person in an Outside Position shall reduce, by the amount of such payment, the Insurer’s Limit of Liability under this Policy with respect to such Claim.

  • Any coverage under this Policy for Claims against any Insured Person in an Outside Position shall be specifically excess of any indemnification from or insurance provided by the Outside Entity.


More Definitions of Outside Position

Outside Position means the position of director, officer, trustee, regent, governor or partner held by any duly elected or appointed officer of the Company or any Subsidiary in any Outside Entity provided and so long as such service is at the specific written request or direction of the Company or any Subsidiary.
Outside Position. Means a position listed on the wage schedule entitled ‘Schedule A Outside’.
Outside Position means service by an Insured Person as a director, officer, trustee, regent or governor of an Outside Entity, but only while such service is rendered at the specific request of the Entity or is part of the duties regularly assigned to the Insured Person by the Entity.
Outside Position means the role of director, officer, manager, trustee or other equivalent position held by any Insured Person in an Outside Entity.
Outside Position means the position of director, officer, trustee or other equivalent executive position held by any Director or Officer in an Outside Entity if service in such position is at the written request of the Organization or is part of the duties regularly assigned to the Director or Officer by the Organization.
Outside Position means a director or officer of any Outside Entity.
Outside Position means the position of director, officer, trustee or other equivalent executive position held by any Insured Individual in an Outside Entity if service in such position is at the specific request of the Policyholder.