D&O Insurance

D&O Insurance. The liability insurance which the Company may purchase on behalf of Indemnified Party against liability asserted against or incurred by Indemnified Party in connection with claims arising from Covered Acts, whether or not the Company would have the power to indemnify the individual against the same liability under Section 23B.08.510 or 23B.08.520 of the Act.

D&O Insurance. Means any valid directors' and officers' liability insurance policy maintained by the Company for the benefit of the Indemnitee, alone or among others.

D&O Insurance. Means the Company's (i) directors' and officers', EPLI, ERISA and fiduciary claims made insurance policy in effect on the date of this Agreement, which presently has an aggregate liability limit of Ten Million Dollars ($10,000,000), (ii) "tail" coverage or an extended reporting period under such policy for the Indemnitee and (iii) any other applicable insurance policy providing coverage to the Indemnitee. The D&O Insurance presently has a deductible or retainage amount equal to Two Hundred... Thousand Dollars ($200,000). View More

D&O Insurance. Means an insurance policy or policies providing directors' and officers' liability insurance, whether on a primary or excess basis; provided, however, that "D&O Insurance" does not include any insurance policy providing insurance coverage to any Sponsor Shareholder.

D&O Insurance. Means the directors' and officers' liability insurance issued by the insurers, and having the policy numbers, amounts and deductibles set forth in Section 5.1 and any replacement or substitute policy or policies issued by one or more reputable insurers, providing, in the aggregate, at all times and in all respects, coverage at least comparable and in the same amount as that provided under the policies identified in Section 5.1.