Article 10—Indemnities to Directors and Others

10.01

Every Director of the Corporation and such Director’s heirs, executors, administrators and estate respectively, shall from time to time and at all times, be indemnified and saved harmless out of the funds of the Corporation, from and against:

 

10.01.01

all damages, costs, charges and expenses which such Director pays, sustains or incurs in or resulting from any claim, action, suit or proceeding which is brought, commenced or prosecuted against such person, or in respect of any act, deed, matter or thing whatsoever, made, done or permitted by such Director, in or about the execution of the duties of such Director’s office or in respect of any such liability; and

 

10.01.02

all other damages, costs, charges and expenses which such Director may pay, sustain or incur in or about or in relation to the affairs thereof, except such damages, costs, charges or expenses as are occasioned by the willful act, neglect or default of such Director.