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Re: Greenervps post# 7389

Monday, 10/05/2009 4:42:02 PM

Monday, October 05, 2009 4:42:02 PM

Post# of 13493
12.1. Indemnification.


The Corporation shall indemnify its directors to the full extent permitted by applicable corporate law now or hereafter in force. However, such indemnity shall not apply if the director did not (a) act in good faith and in a manner the director reasonably believed to be in or not opposed to the best interests of the Corporation, and (b) with respect to any criminal action or proceeding, have reasonable cause to believe the director’s conduct was unlawful. The Corporation shall advance expenses for such persons pursuant to the terms set forth in the Bylaws, or in a separate Board resolution or contract

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