The Company agrees to provide to Executive indemnification protections as currently described in Article VI of the Company’s by-laws (a copy of which is attached hereto as Exhibit “A”). In the event that the Company’s by-laws are hereafter amended in regard to indemnification protections, Executive shall have the option to be covered by either (i) the current by-laws’ indemnification provisions (as reflected in Exhibit A), or (ii) the amended Company by-laws’ indemnification protections (but not both).