Example ContractsClausesd&o insuranceVariants
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D&O Insurance. The Company shall maintain in full force and effect director’s and officer’s liability insurance to the extent that such insurance on commercially reasonable terms. Such insurance shall be in such form, and shall provide for such coverage and deductibles, as shall be commercially reasonable and standard for companies in businesses and circumstances similar to those of the Company. The parties agree and acknowledge that the Company’s current coverage limits are adequate and satisfactory.

D&O Insurance. The Company will maintain an insurance policy or policies providing directors’ and officers’ liability insurance, and each Director shall maintainbe covered by such policy or policies, in full force and effect director’s and officer’s liability insuranceaccordance with its or their terms, to the maximum extent that such insurance on commercially reasonable terms. Such insurance shall be in such form, and shall provide for such coverage and deductibles, as shall be commercially reasonable and standard for companies in businesses and circumstances similar to those of the Company. The parties agree and acknowledge thatcoverage available for any of the Company’s current coverage limits are adequate and satisfactory.directors or officers.

D&O&O Insurance. The Company[[Organization A:Organization]] shall maintain in full forcean insurance policy or policies providing directors’ and effect director’sofficers’ liability insurance, comprehensive general liability insurance, and officer’s liability insurance to the extent that such insurance on commercially reasonable terms. Such insuranceerrors and omissions insurance, and [[Organization A:Organization]] Employee shall be covered by such policy or policies, in such form, and shall provideaccordance with its or their terms, to [[Organization A:Organization]] maximum extent of [[Organization A:Organization]] coverage available for such coverage and deductibles, as shall be commercially reasonable and standard for companies in businesses and circumstances similar to thoseany officer of the Company. The parties agree and acknowledge that the Company’s current coverage limits are adequate and satisfactory.[[Organization A:Organization]].

D&ODirectors’ and Officers’ Insurance. The Company shallis to maintain directors’ and officers’ insurance in full force and effect director’s and officer’s liability insurancean amount determined by the Board to the extent that such insurance on commercially reasonable terms. Such insurance shall be in such form, and shall provide for such coverage and deductibles, as shall be commercially reasonable and standard for companies in businesses and circumstances similar to those of the Company. The parties agree and acknowledge that the Company’s current coverage limits are adequate and satisfactory.reasonable.

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