against civil liabilities arising from their performance of company duties. After the company has purchased or renewed such liability insurance for directors, the board of directors should report to shareholders details of the insurance, including the ...
Tail Policyhas the meaning set forth in Section 6.18(b). Liability Insurancemeans compulsory professional liability errors and omissions insurance required by a governing body; Other Insurancemeans insurance available to any covered person that covers a loss to which this policy applies, other than ei...
The New Company Law stipulates that a company may purchase and maintain liability insurance for its directors during their term of office, against civil liabilities arising from their performance of company duties. After the company has purchased or renewed such liability insurance for directors, the ...
Directors & Officers InsuranceYour business may be protected, but are you?Directors and Managers of a company are legally distinct from the company itself, meaning they can be sued independently of the Company. Unlike companies, Directors cannot hide behind Limited Liability. It could well mean ...
Directors can invoke the terms of both contracts when facing a direct claim from a third party. Additionally, the company may want to consider setting up or improving insurance coverage for directors' civil tort liability. A contracting party will require the company to disclose any limitation ...
When it comes to D&O, Alex Seaman, Senior Vice President of insurance company HUB International, recommends that typically, co-op and condominium associations in the New York area “should carry a $1 million limit. Co-ops and condos often also purchase an umbrella liability policy, which increa...
Under the Board Rules, an "Independent Director" is a non-Executive Director who is independent within the meaning of the Dutch Corporate Governance Code (the "Dutch Code") and meets additional independence standards. Specifically, where the Dutch Code would determine non-independence, in part, ...
a公众责任险投保费 The public liability insurance throws the insurance premium [translate] a家长们才全部离开 The guardians only then all leave [translate] ado you know how much was? 您是否知道多少是? [translate] aput each dish on a different plate 把每个盘放在一块不同的板材上 [translate] a...
(within the meaning of Part XV of the SFO) as recorded in the register required to be kept by the Company pursuant to section 352 of the SFO or as otherwise notified to the Company and the Hong Kong Stock Exchange pursuant to the Model Code for Securities Transactions by Directors of ...
Some statements in this news release may constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements include, but are not limited to, statements...