Common use of Errors and Omissions Coverage Clause in Contracts

Errors and Omissions Coverage. The Board agrees to pay the premium amount for School Board errors and omissions insurance coverage which includes the Superintendent while engaged in the performance of a governmental function and while the Superintendent is acting within the scope of his authority. The policy limits for this coverage shall be not less than one million dollars ($1,000,000.00). The terms of the errors and omissions insurance policy shall be controlling respecting defense and indemnity of the Superintendent but in no case shall the coverage be extended to any demands, claims, suits, actions and/or legal proceedings brought against the Board or the School District by the Superintendent. The sole obligation undertaken by the Board shall be limited to the payment of premium amounts for the above errors and omissions coverage. In the event that such insurance coverage cannot be purchased in the amounts and/or at a reasonable premium rate, the Board shall have the right to discontinue said coverage and shall so notify the Superintendent. In that event, the Board agrees on a case-by-case basis to consider providing legal defense and/or indemnification to the Superintendent as is authorized under MCLA 691.1408.

Errors and Omissions Coverage. The Board agrees to pay the premium amount for School Board errors and omissions insurance coverage which includes the Superintendent while engaged engage in the performance of a governmental function and while the Superintendent is acting within the scope of his authority. The policy limits for this coverage shall be not less than one million dollars ($1,000,000.00). The terms of the errors and omissions insurance policy shall be controlling respecting defense and indemnity of the Superintendent but in no case shall the coverage be extended to any demands, claims, suits, suits actions and/or legal proceedings brought against the Board or the School District by the Superintendent. The sole obligation undertaken by the Board shall be limited to the payment of premium amounts for the above errors and omissions coverage. In the event that such insurance coverage cannot be purchased in the amounts and/or at a reasonable premium rate, the Board shall have the right to discontinue said coverage and shall so notify the Superintendent. In that event, the Board agrees on a case-case- by-case basis to consider providing legal defense and/or indemnification to the Superintendent as is authorized under MCLA 691.1408.

Errors and Omissions Coverage. The Board agrees to pay the premium amount for School Board errors and omissions insurance coverage which includes the Superintendent Director while engaged in the performance of a governmental function and while the Superintendent Director is acting within the scope of his their authority. The policy limits for this coverage shall be not less than one million dollars ($1,000,000.00)5,000,000. 1. The terms of the errors and omissions insurance policy shall be controlling respecting defense and indemnity of the Superintendent Director but in no case shall the coverage be extended to any demands, claims, suits, actions and/or legal proceedings brought against the Board or the School District by the SuperintendentDirector. The sole obligation undertaken by the Board shall be limited to the payment of premium amounts for the above errors and omissions coverage. + 6.5", Right 2. In the event that such insurance coverage cannot be purchased in the amounts and/or at a reasonable premium rate, the Board shall have the right to discontinue said coverage and shall so notify the SuperintendentDirector. In that event, the Board agrees on a case-by-case basis to consider providing legal defense and/or indemnification to the Superintendent Director as is authorized under MCLA 691.1408.MCL 691.1408 and MCL 38.11a(3)(d). East Lansing Public Schools – Director/Central Office Contract Page 10 of 14