CenterPoint Energy 2015 Annual Report Download - page 174

suchremovalshallbewithoutprejudicetothecontractrights,ifany,ofthepersonsoremoved.Electionorappointmentofanofficer
oragentshallnotofitselfcreatecontractrights.
Section3.PowersandDutiesofOfficers.TheofficersoftheCompanyshallhavesuchpowersanddutiesasgenerally
pertaintotheirofficesaswellassuchpowersanddutiesasfromtimetotimeshallbeconferredbytheBoardofDirectors.
ARTICLEV
INDEMNIFICATION
Section1.General.The Companyshallindemnify andholdharmlesstheIndemnitee (asthisand allothercapitalized
wordsaredefinedinthisArticleV),tothefullestextentpermitted,ornotprohibited,bytheTBOCorotherapplicablelawasthe
sameexistsor mayhereafter beamended (butinthe caseofany suchamendment, withrespect toMattersoccurring beforesuch
amendment,onlytotheextentthatsuchamendmentpermitstheCompanytoprovidebroaderindemnificationrightsthansaidlaw
permittedtheCompanytoprovidepriortosuchamendment).TheprovisionssetforthbelowinthisArticleVareprovidedasmeans
offurtheranceandimplementationof,andnotinlimitationon,theobligationexpressedinthisSection1.
Section2.AdvancementorReimbursementofExpenses.TherightsoftheIndemniteeprovidedunderSection1ofthis
ArticleVshallinclude,butnotbelimitedto,therighttobeindemnifiedandtohaveExpensesadvanced(includingthepaymentof
expensesbeforefinaldispositionofaProceeding)inallProceedingstothefullestextentpermitted,ornotprohibited,bytheTBOC
or other applicable law. In addition, to the extent the Indemnitee is, by reason of his Corporate Status, a witness or otherwise
participatesinanyProceedingatatimewhenheisnotnamedadefendantorrespondentintheProceeding,heshallbeindemnified
against all Expenses actually and reasonably incurred by him or on his behalf in connection therewith. The Indemnitee shall be
advancedExpenses, within tendays afterany requestfor suchadvancement, to thefullest extentpermitted, or notprohibited, by
Chapter 8 of the TBOC; provided that the Indemnitee has provided to the Company all affirmations, acknowledgments,
representationsandundertakingsthatmayberequiredoftheIndemniteebyChapter8oftheTBOC.
Section3.RequestforIndemnification.Toobtainindemnification,theIndemniteeshallsubmittotheSecretaryawritten
claim or request. Such written claim or request shall contain sufficient information to reasonably inform the Company about the
natureand extentofthe indemnificationor advancesoughtby theIndemnitee. The Secretaryshall promptlyadvise theBoardof
Directorsofsuchrequest.
Section4.DeterminationofRequest.UponwrittenrequesttotheCompanybyanIndemniteeforindemnificationpursuant
totheseBylaws,adetermination,ifrequiredbyapplicablelaw,withrespecttoanIndemnitee’sentitlementtheretoshallbemadein
accordancewithChapter8oftheTBOC;provided ,however ,thatnotwithstandingtheforegoing,ifaChangeinControlshallhave
occurred,suchdeterminationshallbemadebyaSpecialLegalCounselselectedbytheBoardofDirectors,unlesstheIndemnitee
shallrequestthatsuchdeterminationbemadeinaccordancewithSection8.103(a)(1)or(2)oftheTBOC.Ifentitlementto
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