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University Development and Alumni Engagement
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Article X. Indemnification

The Foundation shall indemnify, to the full extent provided by law, any person who was or is a party to any proceeding by reason of the fact that he or she was or is serving as a director, ex-officio director or officer of the Foundation, or was or is serving at the request of the Foundation as a trustee, director or officer of another corporation or enterprise, against liability and expenses actually and reasonably incurred in connection with such proceeding, including any appeal thereof, if such a person acted in good faith and in a manner he or she reasonably believed to be in, and not opposed to, the best interest of the Foundation and with respect to any criminal action or proceeding, had no reasonable cause to believe that his or her conduct was unlawful.

The indemnification provided hereunder is not exclusive, and the Foundation may make any other or further indemnification as provided by law.