| 6.1 SECTION6 MANAGEMENT AND INDEMNIFICATION Management by the Member The Member shall manage the Company and shall have the right to vote, in its capacity as Manager, upon all matters upon which Managers have the right to vote under the Act or under this Agreement. The Member need not identify whether it is acting in its capacity as Member or Manager when it acts. 6.2 Officers and Agents of the Company The Member may authorize any individuals or entities to take action on behalf of the Company, as the Member deems appropriate. The Member may appoint officers of the Company who, to the extent provided by the Member, may have and may exercise all the powers and authorities of the Member in the conduct of the business and affairs of the Company. The officers of the Company may consist of a President, one or more Vice Presidents, a Treasurer, a Secretary, or other officers or agents as may be elected or appointed by the Member. The Member may provide rules for the appointment, removal, supervision and compensation of such officers, the scope of their authority, and any other matters relevant to the positions. The officers shall act in the name of the Company and shall supervise its operation, within the scope of their authority, under the direction and management of the Member. Any action taken by a duly authorized officer, pursuant to authority granted by the Member in accordance with this Agreement, shall constitute the act of and serve to bind the Company, and the Member hereby agrees neither to dispute such action nor the obligation of the Company created thereby. 6.3 Meetings of the Member No regular, annual, special or other meetings of the Member are required to be held. Any action that may be taken at a meeting may be taken without a meeting by written consent in accordance with the Act. Meetings of the Member, for any purpose or purposes, may be called at any time by the Member, or by the President of the Company, if any. The Member may designate any place as the place of meeting for any meeting of the Member. If no designation is made, the place of meeting shall be the principal place of business of the Company. 6.4 Indemnification. The Company shall defend, indemnify, and save harmless each Indemnified Person for all loss, liability, damage, cost, or expense (including reasonable attorneys' fees) incuned by reason of any demands, claims, suits, actions, or proceedings arising out of (a) the Inde1m1ified Person's relationship to the Company or (b) such Indemnified Person's capacity as an officer, except for such loss, liability, damage, cost, or expense as arises out of the theft, fraud, willful misconduct, or gross negligence by such Indemnified Person. Expenses incuned in defending a civil or criminal action, suit or proceeding shall be paid by the Company in advance of the final disposition of such action, suit or proceeding, and not less often than monthly upon receipt of an 5 0.02 |