Coverage A - Directors & Officers Liability
 
                      The Insurer shall pay the loss of each Insured resulting from any claim first made against the Insured during the policy period for any wrongful act in the Insured's capacity as a director, officer or employee of the company except for and to the extent that the company has indemnified the Insured
                      
Coverage B - Company Reimbursement Section
                      The Insurer shall pay the loss of the company resulting from any claim first made against the Insured during the policy period for any wrongful act in the Insured's capacity as a director, officer or employee of the company but only when and to the extent that the company has indemnified the Insured for the loss