Laserfiche WebLink
performance of this Agreement, and pays in excess of its Liability Share of such judgment, such <br /> Member shall be entitled to contribution from each other Member and may require each other <br /> Member to pay an amount towards the judgment for damages,but in no event shall any such other <br /> Member be required to pay in excess of its Liability Share of such judgment. No Board member, <br /> Member, officer, agent or employee of the Authority shall be individually or personally liable for <br /> the payment of the principal of or premium or interest on any obligations of the Authority or be <br /> subject to any personal liability or accountability by reason of any obligations of the Authority; <br /> but nothing herein contained shall relieve any such Board member, Member, officer, agent or <br /> employee from the performance of any official duty provided by law or by the instruments <br /> authorizing the issuance of any obligations of the Authority.Nothing contained in this Agreement <br /> shall in any way diminish the liability of any Member or other party with respect to any contract <br /> between such Member or other party and the Authority. <br /> Section 5.05. Indemnity by Authority for Litigation Expenses of Officer, Board Member <br /> or Employee. In the event any Board member,officer or employee of the Authority be sued, either <br /> alone or with others, because he or she is or was a Board member, officer or employee of the <br /> Authority, in any proceeding arising out of his or her alleged misfeasance or nonfeasance in the <br /> performance of his or her duties or out of any alleged wrongful act against the Authority or by the <br /> Authority, indemnity to such person for reasonable expenses, including attorneys' fees incurred in <br /> the defense of the proceedings, may be assessed against the Authority or its receiver by the court <br /> in the same or a separate proceeding if the person sued acted in good faith and in a manner such <br /> person reasonably believed to be in the best interests of the Authority and, in the case of a criminal <br /> proceeding, had no reasonable cause to believe the conduct of such person was unlawful. The <br /> amount of such indemnity shall equal the amount of the expenses, including attorneys' fees, and <br /> the amount of any judgment, incurred in the defense of the proceeding. <br /> Section 5.06. Execution of Contracts. The Board, except as otherwise provided in this <br /> Agreement, may authorize any officer or officers, agent or agents, to enter into any contract or <br /> execute any contract or execute any instrument in the name of and on behalf of the Authority and <br /> such authorization may be in general or confined to specific instances and unless so authorized by <br /> the Board, no officer, agent or employee shall have any power or authority to bind the Authority <br /> by any contract or engagement or to pledge its credit or to render it liable for any purpose or in <br /> any amount. <br /> ARTICLE VI <br /> CONTRIBUTION; ACCOUNTS AND REPORTS; FUNDS <br /> Section 6.01. Contributions. In accordance with the California Government Code, the <br /> Members may in the appropriate circumstances when required hereunder: (a)make contributions <br /> from their treasuries as approved from time to time by the Board, for the purposes set forth herein, <br /> (b)make payments of public funds to defray the cost of such purposes,(c)make advances of public <br /> funds for such purposes, such advances to be repaid as provided herein, or(d)use their personnel, <br /> equipment or property in lieu of other contributions or advances. The provisions of Section 6513 <br /> of the Joint Powers Law are hereby incorporated into this Agreement. The Authority may make <br /> such arrangements relative to the repayment or return to the Members of such contributions, <br /> payments and advances as are approved from time to time by the Board. <br /> 8 <br /> 55394,00068\421049112 <br />