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any snd all cla lme, eu iee, liabilities, demands, ~udgmente, and <br />expenses (including a reasonable attorney's feel arising out o[ <br />or !n connection vicA each person's eervica ae a member of the <br />Reorganized Cred icore• Committee or as a Responsible OfCieer. <br />The extent oC each right of Sndemnlfieation shall be determined <br />under the Delevere General Coryorstion Aet. For purposes o! such <br />Aet, a member or former member of the Reorgsni:ed Creditors' <br />Committee eha 11 be deemed ^ member of • board of directors, and <br />[ha ReeponaSDle Of CScer or a former Responsible Officer shall De <br />deemed an off leer. <br />17. No ~ ee. Noel ee oL any matters brought before the <br />Cou re shall be sent to each pe reona es the Court may direct. <br />1Plf P <br />~y.hit~-1- ° 6'' <br />RB~1I66D PROVIBIOR9 POR <br />p09T•BPPBCTIVB DATE OOV$RAAUCS <br />OP TRB RSORCANIZ$D D6870R9 <br />A_BC ITA L9; <br />A. The United 6tatee Bankruptcy Court Cor the DSatritC oL <br />Vtah approved certain Prwielone for Post-Bttect ive Da[e <br />Governance oL the Reorganized Debtors, etLeetive March 7, 1991 <br />(the •Owernance Agreement'), vhieh prwidee Lor a management <br />structure for ReorganiseA CPaI 9tee1 Corporation, Reorganised <br />CPCI Pebrieators of Utab, Ina., Reorganized CPiI Pabriutora of <br />Utah, inc., Colorado i Otah Land Company, Ransae Metsle Coeq;any, <br />A1Wquerque Meesle Compa;ry, Reorganised Pueblo Metals Company, <br />Denver Metals Company, Reorganized Pueblo Railroad Service <br />Company, Reorganized CPiL PaDriGtore of Colorado, int., and The <br />Reorganized Colorado and ityaning Ra ilvay Company (collectively <br />the 'Reorganized Debtore•). Tha Gwernsnce Agreement vat adopted <br />pu reuant [o the requirement eontsined in paragraph 9~ o[ the <br />Debtore• snd Rail rood Trustee's Pi rat Amended and Restated Joint <br />Plan oC Reorganization, dated December 1, 1991 (the 'Plan'). <br />B. Tha Cwernanee Agreement became effective on March 3, <br />1993. Because time demands on members of the Reorganized <br />Creditors' Committee have been eaneiderable, ooe of the members <br />o[ [he Reorgsni:ed Creditors' Canenlttee has resigned and a <br />second member hat indicated iee Lntentlon to resign before the <br />end o[ June 1993. The members of the Reorganized Creditors' <br />Committee end iee advieore hsve also concluded chat the <br />organization Cormet le ineltieient and cumbersome [or wereeeing <br />8• <br />