Directors and Officers Liability Insurance
You will be covered by a Directors and Officers Liability Insurance with regard to "wrongful acts" As of the date hereof, under the terms of the policy,"wrongful acts" include any actual or alleged breach of truth, breach of duty, neglect, error, misstatement, misleading statement, omission or other act wrongfully committed by the Assured or any matter claimed against them solely by reason of him being Chairman of the Board of Management.