merged in operating agreement
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@@ -5,10 +5,10 @@ To the fullest extent permitted by law, and subject to the limitations set
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forth in this Section, and with, in each case, the Board Of Directors
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prior approval:
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* the Company may (at the Members sole discretion) indemnify each Director
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or Member for any Adverse Consequences
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that a Director or Member may suffer including, but not limited to, any
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Director, or Member who, is to be made a party to any pending or
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* the Company may (at the Members sole discretion) indemnify any or each Director
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for any Adverse Consequences
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that a Director may suffer including, but not limited to, any
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Director who, is to be made a party to any pending or
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completed action, suit or proceeding ("**Proceeding**"), any appeal
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therein, or any inquiry or investigation preliminary thereto, solely by
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reason of the fact that he or she is or was a Director, Member and was
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@@ -16,13 +16,11 @@ acting within scope of duties or under the authority of the Company and
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was not in breach of agreements or violating fiduciary responsibility
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as determned by the Members;
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* the Company may (at the Members sole discretion) pay a Director or Member for expenses
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incurred by him or her:
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* the Company may (at the Members sole discretion) pay a Director for expenses incurred by him or her:
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(1) in advance of any deposition of a Proceeding to which such Director or Member is a party, and
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(1) in advance of any deposition of a Proceeding to which such Director is a party, and
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(2) in connection with his or her appearance as a witness or other participation in any
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Proceeding.
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(2) in connection with his or her appearance as a witness or other participation in any Proceeding.
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Such indemnification may also include counsel fees.
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