Non Profit Operating Agreement
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OPERATING AGREEMENT OF CAMERON COLLEGE PREP, NONPROFIT, LLC This Operating Agreement (the “Agreement”) of Cameron College Prep, Nonprofit, LLC, a Tennessee nonprofit limited liability company (the “Company”), is entered into by and between the Company and LEAD Public Schools, Inc., a Tennessee nonprofit corporation and the sole member of the Company (the “Member”), effective as of October , 2014.. The Company shall indemnify any individual who is or was a party or is or was threatened to be made a party to any action, suit, or proceeding, whether civil, criminal, administrative or investigative, by reason of the fact that he is or was a Director, Officer, or agent of the Company against expenses (including reasonable attorneys’ fees and expenses), judgments, fines and amounts paid in settlement actually and reasonably incurred by such individual in connection with such action, suit or proceeding, to the full extent permitted by the Articles and the Act..
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