Example ContractsClausesindemnification and insuranceVariants
Remove:

Indemnification; Insurance. Simultaneous with the execution of this Director Agreement, the Company and the Director will execute an Indemnification Agreement providing for the Company to indemnify the Director for his activities as a member of the Board or any committee of the Board to the fullest extent permitted under the laws of the State of Utah. The Company agrees that at all times during the Directorship Term, the Company will maintain in full force and effect a Directors and Officers liability insurance policy with standard terms of coverage and a per event coverage limit of not less than ​.

Source document
Indemnification; Insurance. Simultaneous with the execution of this Director Agreement, the

Indemnification. The Company and the Director will execute an Indemnification Agreement providing for the Companyagrees to indemnify the Director for his activities as a member of the Board or any committee of the Board to the fullest extent permitted under the laws of the State of Utah. The Company agrees that at all times during the Directorship Term, the Company will maintain in full forceapplicable law and effect ashall use its best efforts to obtain Directors and Officers liability insurance policy with standard terms of coverage and a per event coverage limit of not less than ​.Insurance benefitting the Board.

Source document
Select clause to view document information.

Draft better contracts
faster with AllDrafts

AllDrafts is a cloud-based editor designed specifically for contracts. With automatic formatting, a massive clause library, smart redaction, and insanely easy templates, it’s a welcome change from Word.

And AllDrafts generates clean Word and PDF files from any draft.