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INDEMNIFICATION OF DIRECTORS, OFFICERS, EMPLOYEES, AND OTHER AGENTS

Indemnification Agreement

INDEMNIFICATION OF DIRECTORS, OFFICERS, EMPLOYEES, AND OTHER AGENTS | Document Parties: HOUSERAISING, INC. | North Carolina Business Corporation You are currently viewing:
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HOUSERAISING, INC. | North Carolina Business Corporation

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Title: INDEMNIFICATION OF DIRECTORS, OFFICERS, EMPLOYEES, AND OTHER AGENTS
Date: 12/17/2007

INDEMNIFICATION OF DIRECTORS, OFFICERS, EMPLOYEES, AND OTHER AGENTS, Parties: houseraising  inc. , north carolina business corporation
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Exhibit 10.2
 
ARTICLE NINE
 
INDEMNIFICATION OF DIRECTORS, OFFICERS, EMPLOYEES, AND OTHER AGENTS
 
9.1    Indemnification of Directors and Officers.
 
The Corporation shall, to the maximum extent and in the manner permitted by the North Carolina Business Corporation Act, indemnify each of its directors and officers against expenses (including attorneys' fees), judgments, fines, settlements and other amounts actually and reasonably incurred in connection with any proceeding, arising by reason of the fact that such person is or was an agent of the Corporation. For purposes of this Section 9.1, a "director" or "officer" of the Corporation includes any person (a) who is or was a director or officer of the Corporation, (b) who is or was serving at the request of the Corporation as a director or officer of another corporation, partnership, joint venture, trust or other enterprise, or (c) who was a director or officer of a Corporation which was a predecessor corporation of the Corporation or of another enterprise at the request of such predecessor corporation.
 
9.2    Indemnification of Others.
 
The Corporation shall have the power, to the maximum extent and in the manner permitted by the North Carolina Business Corporation Act, to indemnify each of its employees and agents (other than directors and officers) against expenses(including attorneys' fees), judgments, fines, settlements and other amounts actually and reasonably incurred in connection with any proceed

 
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