Complete Docket - South Dakota Public Utilities Commission - State ...

If a claim under Paragraph A uf Article iin\lTH is #a,! paid irt hi! by $86
Corporation within ninery (90) days after a written claim has been zereivcd by ths
Corporarion, the claimant may at any time thereafter bring suit agriinsti r'nc G~ma-zaEi~ri ra
rccover the unpaid amount of the claim and, if successful in whole or in part, the daimanr
shall be entitled to be paid also the expense of prasecuting such ci2iirsm. It $hi! be a
defense to any such action (other than an action brought to enforce a claim for &xp&%$a
incurred in defending any proceeding in advance of its final dispo:rition %oh%r% %he
required undertaking, if any, has been te~dercd to this Corpornti~flt) that, the ckimnne lu&
not rnet the standards of conduct which make it permissible under the Dct~ttiar~ Cr'1tck~3k
Corporation Law for the Corporation to indemnify the claimmt far the ama~hi G~&~FT~G$,
but the burden of proving such defense shall be on the Coqoiation. Nsixkr the Ufufc af
the Corporation (including its Board of Dircctois. independent lcyak cowrrvcil ur irs
stockholders) to have made a determination prior ta d~c comnl@nofm@nt DEW& ~XG~~OR
that indemnification of the claimant is proper in tile cirmmstanccs bccaase he t2; sk@ hfa
met the applicable standard of conduct set forth in d~tk Delotvnre Itiener&l Car$arati@n
Law, nar an actual determination by the Corpom~ion (indtlding ib Bnatd of Di~ct~rr,
independent legal counsel, or its stockholders] that the dairn~nt fa.; nat mcar ~tr&
applicable standard of conduct, shall be a defense 10 the action olr ~i:&$n: w p$~$%s~piio.~i
that claimant has not met the applicable standard of c~sdrrcr'
The rights conferred on any person by Pa~acympi~ h nvrd 8 ;iaf #kgicte
NINTH shall not be exclusive of any othcr right which such pc~~afis n%$ &%vc at?
hereafter acquire under any statute, provisian of the Ccnifi~stu: of kitduvamr'ran, by!&*,
agreement, vote of stockholders or disinterested dircctom or ot!rcmbci-ae,
D. INSURANCE
The Corporation may maintain insurotlcc, at its eql$;i$~, 10 pmtgl;i i~sjf izi"ld
any such director, officer, employee or agent of the Csrp~ratian sr sta~thcr ~~r~~rati~tr,
pamership, joint venture, trust or other enterprise against czsrg suctr gxpilse, kiaibikity i.it
lass, whether or not the Gorporatioi~ would kavc the pawe to irudcnlniry $uc#ape~~n
against such expense, liability or loss under the Ddawarc Grat2rat flrrrpa&i%iorrt E*etv:
'X'EMTH
The corporation reserves thc right to arnend or repeal itrap gfr~visfi)~ ~CO~~OEXI$& in
this Certificate of Incorporation, in the manncr new or ttercnfier prcst:ribcd by sg~tutc, z%kd
all rights conferred upon a stockholder herein are grxnkd SIJ~JCC~ iir this ~cservati~~t-