Laserfiche WebLink
APPROVED AND FILED <br />DIEGO MORALES <br />INDIANA SECRETARY OF STATE <br />05/03/2024 03:16 PM <br />(i) The term "Expenses" includes all direct and indirect costs (including without <br />limitation counsel fees, retainers, court costs, transcripts, fees of experts, witness fees, travel <br />expenses, duplicating costs, printing and binding costs, telephone charges, postage, delivery <br />service fees and all other disbursements or out-of-pocket expenses) actually incurred in <br />connection with the investigation, defense, settlement or appeal of a Proceeding or <br />establishing or enforcing a right to indemnification under this Article XI, applicable law or <br />otherwise. <br />(ii) The term "Liability" means the obligation to pay a judgment, settlement, <br />penalty, fine, excise tax (including an excise tax assessed with respect to an employee benefit <br />plan), or reasonable Expenses incurred with respect to a Proceeding. <br />(iii) The term "Party" includes a Person who was, is or is threatened to be made <br />a named defendant or respondent in a Proceeding. <br />(iv) The term "Person" includes any natural person and any type of legal entity. <br />(v) The term "Proceeding" means any threatened, pending or completed action, <br />suit or proceeding, whether civil, criminal, administrative or investigative and whether <br />formal or informal. <br />(vi) The Company may purchase and maintain insurance for its benefit, the <br />benefit of any Person who is Entitled to indemnification under this Article XI, or both, against <br />any Liability asserted against or incurred by such Person in any capacity or arising out of such <br />Person's service with the Company, whether or not the Company would have the power to <br />indemnify such Person against such Liability. <br />(vii) Any indemnification under this Article shall be subordinate to then current <br />loan obligations. <br />ARTICLE XII <br />MISCELLANEOUS <br />Section 12.1. Complete Agreement. This Agreement and the Articles constitute the <br />complete and exclusive statement of agreement between the Member and the Company with respect to its <br />subject matter. This Agreement and the Articles replace and supersede all prior agreements by and among the <br />Member and the Company. This Agreement and the Articles supersede all prior written and oral statements <br />and no representation, statement, or condition or warranty not contained in this Agreement or the Articles will <br />be binding on the parties or have any force or effect whatsoever. <br />Section 12.2. Governing Law: Choice of Forum. This Agreement and the rights of the <br />parties under this Agreement shall be governed by, and interpreted and enforced in accordance with <br />the laws of the State of Indiana. The parties to this Agreement hereby irrevocably agree and consent <br />to the exclusive jurisdiction of the courts of the State of Indiana and the federal courts of the United <br />States sitting in Indianapolis, Indiana, for the adjudication of any matters arisingunder <br />12 <br />- Page 16 of 23 - <br />