Common use of Crime Coverage Clause in Contracts

Crime Coverage. (i) Vendor shall provide and maintain throughout the term of this Agreement a fidelity or financial institution bond policy with at least the following insuring agreements: (a) Employee dishonesty coverage with limits of at least Five Million Dollars ($5,000,000) per occurrence; and (b) Computer theft coverage with limits of at least Five Million Dollars ($5,000,000) per occurrence. (ii) Such policy shall provide protection to LACERA against loss by reason of fraud or dishonesty on the part of Vendor, and shall be in an amount meeting the bonding requirements of Section 412(a) of the Employee Retirement Income Security Act, as amended from time to time, if such amounts are from time to time greater than those specified in this Subsection 18.e.

Crime Coverage. (i) Vendor 25.5.1 Manager shall provide and maintain throughout the term of this Agreement a fidelity or financial institution bond policy with at least the following insuring agreements: (a) 25.5.1. a Employee dishonesty coverage Dishonesty Coverage with limits of at least Five Million Dollars ($5,000,000) per occurrence; and (b) 25.5.1. b Computer theft coverage Theft Coverage with limits of at least Five Million Dollars ($5,000,000) per occurrence. (ii) 25.5.2 Such policy shall provide protection to LACERA against loss by reason of fraud or dishonesty on the part of VendorManager, and shall be in an amount meeting the bonding requirements of Section 412(a) of the Employee Retirement Income Security Act, as amended from time to time, if such amounts are from time to time greater than those specified in this Subsection 18.eparagraph 25.5.

Crime Coverage. (i) Vendor 22.5.1 Manager shall provide and maintain throughout the term of this Agreement a fidelity or financial institution bond policy with at least the following insuring agreements: (a) 22.5.1. a Employee dishonesty coverage Dishonesty Coverage with limits of at least Five Million Dollars ($5,000,000) per occurrence; and (b) 22.5.1. b Computer theft coverage Theft Coverage with limits of at least Five Million Dollars ($5,000,000) per occurrence. (ii) 22.5.2 Such policy shall provide protection to LACERA against loss by reason of fraud or dishonesty on the part of VendorManager, and shall be in an amount meeting the bonding requirements of Section 412(a) of the Employee Retirement Income Security Act, as amended from time to time, if such amounts are from time to time greater than those specified in this Subsection 18.eSection 22.5.2.