Delaware Limited Liability Companies
Section 18-108 of the Delaware Limited Liability Company Act provides that a limited liability company may, and shall have the power to, indemnify and hold harmless any member or manager or other person from and against any and all claims and demands whatsoever.
The operating agreements of Sabra California II, LLC, Sabra Hagerstown, LLC, Sabra Health Care, L.L.C., Sabra Health Care Delaware, LLC, Sabra Health Care Frankenmuth, LLC, Sabra Health Care Holdings I, LLC, Sabra Health Care Holdings II, LLC, Sabra Health Care Holdings III, LLC, Sabra Health Care Holdings IV, LLC, Sabra Health Care Northeast, LLC, Sabra Health Care Pennsylvania, LLC, Sabra Health Care Virginia, LLC, Sabra Lake Drive, LLC, Sabra Michigan, LLC, Sabra New Mexico, LLC, and Sabra Phoenix TRS Venture, LLC provide that the limited liability company shall indemnify, defend and hold the sole member, and each officer, employee and agent of the limited liability company harmless to the fullest extent permitted by law. The operating agreements of Sabra Phoenix TRS Venture II, LLC and Sabra Phoenix Wisconsin, LLC provide that the limited liability company shall indemnify, defend and hold the sole member of the limited liability company harmless to the fullest extent permitted by law. The operating agreements of Sabra 1717 Preferred Equity, LLC, Sabra Beaumont Preferred Equity, LLC, Sabra Beavercreek Preferred Equity, LLC, Sabra Canadian Holdings, LLC, Sabra Clarksville Preferred Equity, LLC, Sabra Deerfield Preferred Equity, LLC, Sabra Health Care Holdings VI, LLC, Sabra Health Care Virginia II, LLC, Sabra Madeira Preferred Equity, LLC, Sabra McCordsville Preferred Equity, LLC, Sabra New Braunfels Preferred Equity, LLC, Sabra New Mexico II, LLC, Sabra North Carolina GP, LLC, and Sabra TRS Holdings, LLC provide that the limited liability company shall indemnify and hold harmless the member, any officer, director, stockholder, employee, affiliate, representative or agent of the member, and any officer, employee, representative or agent of the limited liability company, to the fullest extent permitted by law.
The right to indemnification and the payment of expenses incurred in defending a proceeding in advance of its final disposition conferred in the applicable operating agreement shall not be exclusive of any other right that any person may have or thereafter acquire under any statute, provision of the certificate of formation of the limited liability company, provision of the operating agreement, vote of the sole member or otherwise.
The limited liability company may maintain insurance, at its expense, to protect itself, the sole member, or any officer, employee or agent of the limited liability company against any expense, liability or loss, whether or not the limited liability company would have the power to indemnify such person against such expense, liability or loss by law.
Any amendment, repeal or modification of any provision of the section of the operating agreement providing for indemnification shall not adversely affect any right or protection of the sole member, or any officer, employee or agent of the limited liability company existing at the time of such amendment, repeal or modification.
Delaware Limited Partnerships
Section 17–108 of the Delaware Revised Uniform Limited Partnership Act empowers a Delaware limited partnership to indemnify and hold harmless any partner or other person from and against all claims and demands whatsoever, subject to such standards and restrictions, if any, as are set forth in its partnership agreement.
The limited partnership agreement of Sabra Health Care Limited Partnership provides, to the fullest extent permitted by Delaware law, for the indemnification of any general partner, director or officer of the partnership or the general partner, or such other persons as the general partner may designate from time to time from and against any and all losses, claims, damages, liabilities, joint or several, expenses (including, without limitation, attorneys’ fees and other legal fees and expenses), judgments, fines, settlements, and other amounts arising from any and all claims, demands, actions, suits or proceedings, civil, criminal, administrative or investigative, that relate to the operations of the partnership or Sabra as set forth in the Limited Partnership Agreement, in which such indemnitee may be involved, as a party or otherwise.
The limited partnership agreements of Sabra Health Care Investments, LP and Sabra North Carolina, L.P. provide, to the fullest extent permitted by law, for the indemnification of the general partner and its officers, directors, members, employees, affiliates, representatives and agents from and against any and all losses, claims, demands, costs, damages, liabilities, expenses of any nature (including attorneys’ fees and costs), judgments, fines, settlements and other amounts arising from any and all claims, demands, actions, suits or proceedings, whether civil, criminal, administrative or investigative, in which such indemnitee may be involved, or threatened to be involved, as a party or otherwise, which relates to or arises out of the business or affairs of the partnership.
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