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/6 <br />o carry out the intentions and purposes. and to eive full effect to the provisions. <br />of the Plan and this Trust Aereement. - <br />ARTICLE V. <br />THE LIQUIDATING TRUSTEE <br />5.1 General Indemnification. The Liquidating Trust shall indemnify and hold <br />harmless any person $I54p or entitq ~ who wasp or is~ a party or is threatened to be made <br />a parry to any pending or contemplated action, suit or proceeding, whether civil, criminal, <br />administrative or investigative, by reason of the fact that such person PS(~I1 or etttitp ~ is <br />or was the Liquidating Trustee or a member of the Oversight Committee, or an agent, attorney, <br />accountant or other professiotrals fL~ e~1lZUal for the Liquidating Trustee or the Oversight <br />Committee, against all costs, expenses, jncigmetttutd gam, firres and amounts paid in settlement <br />actually and reasonably incurred by such entity in connection with such action, suit or proceeding, <br />or the defense or settlement thereof; of any claim, issue or matter therein, to the fullest extent, <br />except to the extent attributable to willful misconduct or gross negligence. Costs or expenses <br />incurred by any such entity in defending any such action, suit or proceeding may be paid by the <br />Liquidating Trust in advance of the institution or final disposition of such action, suit or <br />proceeding, if authorized by the Liquidating Trustee and the Oversight Committee. The <br />Liquidating Trustee may in his discretion purchase and maintain inStrrance on behalf of any person <br />Person or entitp Enti who is or was a beneficiary of this provision. <br />5.2 No Recourse. ~Jo F.xrept as provided in the Plan and this Trusr_ Aereement. <br />nQ recourse shall ever be had, directly or indirectly, against the Liquidating Ttvstee personally, <br />or against any agent, attorney, accountant or other professional for the Liquidating Ttvstee, by <br />legal or equitable proceedings, or by virtue of any statute or otherwise, nor upon any promise, <br />contract, instrument, undertaking, obligation, covenant or agreement whatsoever executed by the <br />Liquidating Trustee under the Plan, this Trust Agreement, or by reason of the creation of any <br />indebtedness by the Liquidating Trustee under the Plan or this Trust Agreement for any purpose <br />authorized by the Plan or this Trust Agreement, it being expressly understood and agreed that all <br />such liabilities, covenants, and agreements shall be enforceable only against and be satisfied oNy <br />out of the Asseu or such part thereof; as shall under the terms of any such agreement; be liable <br />therefor, or shall be evidence only of a right of payment out of the Assets. <br />5.3 Limited Liability. The Liquidating Trustee shall not be liable for any act he may <br />do or omit to do while acting in good faith in the exert:ise of his best judgment, and the fact that <br />such act or omission was advised by an authorized attorney for the Liquidating Trustee, shall be <br />DN 95'116.1 1'1680 00]0'1 (COmpac>.acn of Documents DN5J45r.2 to DN5J451. 11 <br />6/25/9"/ 9:55 am 8 <br />