2022 Atlanta Board of Trustees Meeting

of the Board or the committee in the manner specified in Section 9.04(b)(1) or 9.04(b)(2), or, if a quorum of the full Board cannot be obtained and a committee cannot be established, by independent legal counsel selected by a majority vote of the full Board. (d) Authorization of indemnification and advance of expenses shall be made in the same manner as the determination that indemnification or advance of expenses is permissible; except that, if the determination that indemnification or advance of expenses is permissible is made by independent legal counsel, authorization of indemnification and advance of expenses shall be made by the body that selected such counsel.

Section 9.05 Indemnification of Officers, Employees, Fiduciaries, and Agents. The Association may indemnify officers, employees, fiduciaries and agents as follows:

(a) An officer is entitled to mandatory indemnification under Section 9.02 to the same extent as a Trustee;

(b) The Association may indemnify and advance expenses to an officer, employee, fiduciary, or agent of the Association to the same extent as to a Trustee; and

(c) The Association may also indemnify and advance expenses to an officer, employee, fiduciary, or agent who is not a Trustee to a greater extent than is provided in these bylaws, if not inconsistent with public policy, and if provided for by general or specific action of the Board of Trustees or by contract. Section 9.06 Insurance. The Association may (and in the case of a person who is a Trustee, shall) purchase and maintain insurance on behalf of a person who is or was a Trustee, officer, employee, fiduciary, or agent of the Association, or who, while a Trustee, officer, employee, fiduciary, or agent of the Association, is or was serving at the request of the Association as a Trustee, officer, partner, trustee, employee, fiduciary, or agent of another domestic or foreign corporation or other person or of an employee benefit plan, against liability asserted against or incurred by the person in that capacity or arising from his or her status as a Trustee, officer, employee, fiduciary, or agent, whether or not the Association would have power to indemnify the person against the same liability under Section 9.02, 9.03, or 9.05. Section 9.07 Notice to Members of Indemnification of Trustee. If the Association indemnifies or advances expenses to a Trustee under this Article 9 in connection with a proceeding by the Association, the Association shall give written notice of the indemnification or advance to the Association and individual members of the Association with or before the notice of the next annual business meeting of the Association.

Article 10 Miscellaneous

Section 10.01 Seal. The Association shall not have a seal.

Section 10.02 Books and Records. The Board of Trustees shall have power from time to time to determine whether and to what extent, and at what times and places and under what conditions and regulations, the accounts and books of the Association shall be open to the inspection of the