Insurance and Other Financial Arrangements. The Company may purchase and maintain insurance or make other financial arrangements on behalf of any Indemnifiable Person for any liability asserted against that person and liability and expenses incurred by him or her in the capacity as an Indemnifiable Person, or arising out of his or her status as such.
Appears in 2 contracts
Samples: Limited Liability Company Operating Agreement (RedCo Group, Inc.), Limited Liability Company Operating Agreement (Molina Healthcare Inc)
Insurance and Other Financial Arrangements. The Company may purchase and maintain insurance or make other financial arrangements on behalf of any Indemnifiable Person Managers and officers for any liability asserted against that person and liability and expenses incurred by him or her in the capacity as an Indemnifiable Persona Manager or officer, or arising out of his or her status as such.
Appears in 2 contracts
Samples: Limited Liability Company Operating Agreement (RedCo Group, Inc.), Limited Liability Company Operating Agreement (Molina Healthcare Inc)
Insurance and Other Financial Arrangements. The Company may purchase and maintain insurance or make other financial arrangements on behalf of any Indemnifiable Person for any liability asserted against that person and liability and expenses incurred by him or her in the capacity as an Indemnifiable lndemnifiable Person, or arising out of his or her status as such.
Appears in 2 contracts
Samples: Limited Liability Company Operating Agreement (RedCo Group, Inc.), Limited Liability Company Operating Agreement (Molina Healthcare Inc)