A clause conditioning the intentional-conduct exclusion on a final decision, preserving the advance of defense costs until every appeal is exhausted.
The final adjudication clause conditions the trigger of a directors' policy's intentional-conduct exclusion on a definitive, non-appealable judicial decision. It is the most important line of the contract for an executive facing criminal exposure, for what they buy is not an indemnity, almost always barred by the exclusion on conviction, but an advance of defense costs. Without this clause, the insurer can invoke the exclusion on its own assessment and cut off costs on indictment, at the precise moment the insured needs them.
For a security chief prosecuted for obstruction, the distance between a final-adjudication wording and a mere-assessment one is the distance between being defended and holding a piece of paper.
clause d'adjudication finale, final adjudication