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Bylaws (2011): Difference between revisions

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Bylaws (2011) (view source)

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==Director and Officer Indemnification==
==Director and Officer Indemnification==
The Edmonton Bicycle Commuters' Society Shall indemnify its directors and officers and to an extent former directors and officers and their heirs and legal representatives, against all costs, charges and expenses, including an amount paid to settle an action or satisfy a judgment, reasonably incurred by them, in respect of any civil, criminal or administrative action or proceeding to which they are made parties by reason of being directors or officers of the Edmonton Bicycle Commuters' Society, including an action by or on behalf of the Edmonton Bicycle Commuters' Society, if:
The Edmonton Bicycle Commuters' Society shall indemnify its directors and officers and to an extent former directors and officers and their heirs and legal representatives, against all costs, charges and expenses, including an amount paid to settle an action or satisfy a judgment, reasonably incurred by them, in respect of any civil, criminal or administrative action or proceeding to which they are made parties by reason of being directors or officers of the Edmonton Bicycle Commuters' Society, including an action by or on behalf of the Edmonton Bicycle Commuters' Society, if:
<ol style="list-style-type:lower-alpha">
<ol style="list-style-type:lower-alpha">
   <li>they acted honestly and in good faith with a view to the best interests of the Edmonton Bicycle Commuters' Society</li>
   <li>they acted honestly and in good faith with a view to the best interests of the Edmonton Bicycle Commuters' Society</li>
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   <li>they gave notice to the Edmonton Bicycle Commuters' Society of the civil, criminal or administrative action or proceeding immediately upon becoming aware of it and also co-operated with the Edmonton Bicycle Commuters' Society in the defence of the action or proceeding, to such extent as may be reasonable in the circumstances.</li>
   <li>they gave notice to the Edmonton Bicycle Commuters' Society of the civil, criminal or administrative action or proceeding immediately upon becoming aware of it and also co-operated with the Edmonton Bicycle Commuters' Society in the defence of the action or proceeding, to such extent as may be reasonable in the circumstances.</li>
</ol>
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[[Category:policy]]
[[Category:bylaws]]
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