**Exhibit 10.20**

INDEMNITY AGREEMENT

          This Indemnity Agreement ("Agreement") is made as of December 13, 2006 betweenInterpool, Inc., a Delaware corporation (the "Company"), and William Shea("Indemnitee").

RECITALS 

          WHEREAS, highly competent persons have become more reluctant to serve asdirectors or in other capacities unless they are provided with adequateprotection through insurance and adequate indemnification against inordinaterisks of claims and actions against them arising out of their service to andactivities on behalf of the corporation. 

          WHEREAS, Article VI of the Amended and Restated By-laws of the Company andArticle XII of the Amended and Restated Certificate of Incorporation of theCompany provide for indemnification of the officers and directors of theCompany. Officers and directors may also be entitled to indemnification pursuantto applicable provisions of the Delaware General Corporation Law(“DGCL”). The indemnification provisions set forth therein are notexclusive, and contracts may be entered into between the Company and members ofthe board of directors, officers and other persons with respect toindemnification. 

          WHEREAS, it is reasonable, prudent and necessary for the Company contractuallyto obligate itself to indemnify, and to advance expenses on behalf of,Indemnitee to the fullest extent permitted by applicable law, as a supplement toand in furtherance of Article VI of the Amended and Restated By-laws of theCompany and the Amended and Restated Certificate of Incorporation of theCompany, so that Indemnitee will serve or continue to serve as a member of theBoard of Directors free from undue concern that Indemnitee will not be soindemnified. 

          WHEREAS, in order to induce Indemnitee to continue to serve as a member of theBoard of Directors and to continue to accept the duties, responsibilities andburdens of such service, the Company wishes to provide Indemnitee with thecompensation and indemnification arrangements set forth herein; and 

          WHEREAS, Indemnitee is willing to serve, continue to serve and to take onadditional service for or on behalf of the Company on the condition thatIndemnitee be so indemnified hereunder. 

          NOW, THEREFORE, in consideration of the premises and the covenants containedherein, the Company and Indemnitee do hereby covenant and agree as follows:

          1.       **Service on the Board**.   Indemniteehereby agrees to continue to serve as a member of the Board of Directors.Indemnitee may, however, resign from such position at any time and for anyreason or no reason. The Company’s obligation to indemnify Indemnitee asset forth in this Agreement shall continue in full force and effectnotwithstanding any such termination of appointment or resignation. 

          2.       **Definitions.**  As used in thisAgreement: 

                    (a)     With the exception of Section 21 of this Agreement,references to “agent” shall mean any person who is or was a director,officer, or employee of the Company or a Subsidiary of the Company or otherperson authorized by the Company to act for the Company, to include such personserving in such capacity as a director, officer, employee, fiduciary or otherofficial of another corporation, partnership, limited liability company, jointventure, trust or other business operation at the request of, for theconvenience of, or to represent the interests of the Company or a Subsidiary ofthe Company. 

                    (b)     “Delaware Court” shall mean the Court ofChancery of the State of Delaware. 

                    (c)     “Disinterested Director” shall mean adirector of the Company who is not and was not a party to the Proceeding (asdefined below) in respect of which indemnification is sought by Indemnitee.

                    (d)     “Expenses” shall include attorneys’fees and costs, retainers, court costs, transcript costs, fees of experts,witness fees, travel expenses, duplicating costs, printing and binding costs,telephone charges, postage, delivery service fees, and all other reasonabledisbursements or expenses in connection with prosecuting, defending, preparingto prosecute or defend, investigating, being or preparing to be a witness in, orotherwise participating in, a Proceeding. Expenses also shall include Expensesincurred in connection with any appeal resulting from any Proceeding, includingwithout limitation the premium, security for, and other costs relating to anycost bond, supersedeas bond, or other appeal bond or its equivalent. Expenses,however, shall not include amounts paid in settlement by Indemnitee or theamount of judgments or fines against Indemnitee. 

                    (e)     “Independent Counsel” shall mean a lawfirm or a member of a law firm that is experienced in matters of corporation lawand neither presently is, nor in the past five years has been, retained torepresent: (i) the Company or Indemnitee in any matter material to either suchparty (other than with respect to matters concerning the Indemnitee under thisAgreement, or of other indemnitees under similar indemnification agreements); or(ii) any other party to the Proceeding giving rise to a claim forindemnification hereunder. Notwithstanding the foregoing, the term“Independent Counsel” shall not include any person who, under theapplicable standards of professional conduct then prevailing, would have aconflict of interest in representing either the Company or Indemnitee in anaction to determine Indemnitee’s rights under this Agreement. 

                    (f)     The term “Proceeding” shall include anythreatened, pending or completed action, suit, arbitration, alternate disputeresolution mechanism, investigation, inquiry, administrative hearing or anyother actual, threatened or completed proceeding, whether brought in the rightof the Company or otherwise and whether of a civil (including intentional orunintentional tort claims), criminal, administrative or investigative nature, inwhich Indemnitee was, is or will be involved as a party or otherwise by reasonof the fact that Indemnitee is or was a director or agent of the Company or byreason of any action (or failure to act) taken by Indemnitee or of any action(or failure to act) on Indemnitee’s part while acting as a director oragent of the Company, in each case whether or not serving in such capacity atthe time any liability or Expense is incurred for which indemnification,reimbursement, or advancement of Expenses can be provided under this Agreement.

                    (g)     The term “Subsidiary,” with respect to anyperson, shall mean any corporation or other entity of which a majority of thevoting power or the voting equity securities or equity interest is owned,directly or indirectly, by that person. 

          3.       **Indemnity in Third-Party Proceedings.**  The Company shall indemnify and hold harmless Indemnitee in accordance withthe provisions of this Section 3 if Indemnitee was, is, or is threatened to bemade, a party to or a participant (as a witness or otherwise) in any Proceeding,other than a Proceeding by or in the right of the Company to procure a judgmentin its favor. Pursuant to this Section 3, Indemnitee shall be indemnifiedagainst all Expenses, judgments, liabilities, fines, penalties and amounts paidin settlement (including all interest, assessments and other charges paid orpayable in connection with or in respect of such Expenses, judgments, fines,penalties and amounts paid in settlement) actually and reasonably incurred byIndemnitee or on Indemnitee’s behalf in connection with such Proceeding orany claim, issue or matter therein, if Indemnitee acted in good faith and in amanner Indemnitee reasonably believed to be in or not opposed to the bestinterests of the Company and, in the case of a criminal Proceeding, had noreasonable cause to believe that Indemnitee’s conduct was unlawful.

          4.       **Indemnity in Proceedings by or in theRight of the Company.**  The Company shall indemnify and hold harmlessIndemnitee in accordance with the provisions of this Section 4 if Indemniteewas, is, or is threatened to be made, a party to or a participant (as a witnessor otherwise) in any Proceeding by or in the right of the Company to procure ajudgment in its favor. Pursuant to this Section 4, Indemnitee shall beindemnified against all Expenses actually and reasonably incurred by Indemniteeor on Indemnitee’s behalf in connection with such Proceeding or any claim,issue or matter therein, if Indemnitee acted in good faith and in a mannerIndemnitee reasonably believed to be in or not opposed to the best interests ofthe Company. No indemnification for Expenses shall be made under this Section 4in respect of any claim, issue or matter as to which Indemnitee shall have beenfinally adjudged by a court to be liable to the Company, unless and only to theextent that any court in which the Proceeding was brought or the Delaware Courtshall determine upon application that, despite the adjudication of liability butin view of all the circumstances of the case, Indemnitee is fairly andreasonably entitled to indemnification. 

          5.       **Indemnification for Expenses of a Party Who isWholly or Partly Successful.**  Notwithstanding any other provisionsof this Agreement, to the extent that Indemnitee is a party to (or a participantin) and is successful, on the merits or otherwise, in any Proceeding or indefense of any claim, issue or matter therein, in whole or in part, the Companyshall indemnify and hold harmless Indemnitee against all Expenses actually andreasonably incurred by Indemnitee in connection therewith. If Indemnitee is notwholly successful in such Proceeding but is successful, on the merits orotherwise, as to one or more but less than all claims, issues or matters in suchProceeding, the Company shall indemnify and hold harmless Indemnitee against allExpenses actually and reasonably incurred by Indemnitee or on Indemnitee’sbehalf in connection with each successfully resolved claim, issue or matter. Ifthe Indemnitee is not wholly successful in such Proceeding, the Company alsoshall indemnify and hold harmless Indemnitee against all Expenses reasonablyincurred in connection with a claim, issue or matter related to any claim,issue, or matter on which the Indemnitee was successful. For purposes of thisSection and without limitation, the termination of any claim, issue or matter insuch a Proceeding by dismissal, with or without prejudice, shall be deemed to bea successful result as to such claim, issue or matter. 

          6.       **Intentionally Omitted**

          7.       **Additional Indemnification.**

                    (a)     Notwithstanding any limitation in Sections 3, 4, or5, the Company shall indemnify Indemnitee to the fullest extent permitted byapplicable law if Indemnitee is a party to or threatened to be made a party toany Proceeding (including a Proceeding by or in the right of the Company toprocure a judgment in its favor) against all Expenses, judgments, fines andamounts paid in settlement actually and reasonably incurred by Indemnitee inconnection with the Proceeding. 

                    (b)     For purposes of Section 7(a), the meaning of thephrase “to the fullest extent permitted by applicable law” shallinclude, but not be limited to: 

                              i.     to the fullest extent permitted by the provision ofthe DGCL that authorizes or contemplates additional indemnification byagreement, or the corresponding provision of any amendment to or replacement ofthe DGCL, and 

                              ii.     to the fullest extent authorized or permitted by anyamendments to or replacements of the DGCL adopted after the date of thisAgreement that increase the extent to which a corporation may indemnify itsofficers and directors. 

          8.       **Contribution in the Event of Joint Liability.**

                    (a)     To the fullest extent permissible under applicablelaw, if the indemnification and hold harmless rights provided for in thisAgreement are unavailable to Indemnitee in whole or in part for any reasonwhatsoever, the Company, in lieu of indemnifying and holding harmlessIndemnitee, shall pay, in the first instance, the entire amount incurred byIndemnitee, whether for judgments, liabilities, fines, penalties, amounts paidor to be paid in settlement or for Expenses, in connection with any Proceedingwithout requiring Indemnitee to contribute to such payment, and the Companyhereby waives and relinquishes any right of contribution it may have at any timeagainst Indemnitee. 

                    (b)     The Company shall not enter into any settlement ofany Proceeding in which the Company is jointly liable with Indemnitee (or wouldbe if joined in such Proceeding) unless such settlement provides for a full andfinal release of all claims asserted against Indemnitee. 

                    (c)     The Company hereby agrees to fully indemnify andhold harmless Indemnitee from any claims for contribution which may be broughtby officers, directors or employees of the Company who may be jointly liablewith Indemnitee. 

          9.       **Exclusions.**  Notwithstanding any provision in this Agreement, the Company shall not beobligated under this Agreement to make any indemnity in connection with anyclaim made against Indemnitee: 

                    (a)     for which payment has actually been received by oron behalf of Indemnitee under any insurance policy or other indemnity provision,except with respect to any excess beyond the amount actually received under anyinsurance policy, contract, agreement, other indemnity provision or otherwise;

                    (b)     except as otherwise provided in Section 14(e)hereof, in connection with any Proceeding (or any part of any Proceeding)initiated by Indemnitee, including any Proceeding (or any part of anyProceeding) initiated by Indemnitee against the Company or its directors,officers, employees or other indemnitees, unless the Board authorized theProceeding (or any part of any Proceeding) prior to its initiation; 

                    (c)     if such indemnification is not lawful; 

                    (d)     if Indemnitee’s conduct giving rise to theclaim with respect to which indemnification is requested was knowinglyfraudulent, a knowing violation of law, deliberately dishonest or in bad faithor constituted willful misconduct; 

                    (e)     in respect of any claim based upon or attributableto Indemnitee gaining in fact any personal profit or advantage to whichIndemnitee was not legally entitled. 

          10.    **Advances of Expenses; Defense of Claim.**

                    (a)     Notwithstanding any provision of this Agreement tothe contrary, and to the fullest extent not prohibited by applicable law, theCompany shall advance the Expenses reasonably incurred by Indemnitee (orreasonably expected by Indemnitee to be incurred by Indemnitee within threemonths) in connection with any Proceeding within ten (10) days after the receiptby the Company of a statement or statements requesting such advances from timeto time, whether prior to or after final disposition of any Proceeding. Advancesshall be unsecured and interest free. Advances shall be made without regard toIndemnitee’s ability to repay the Expenses and without regard toIndemnitee’s ultimate entitlement to indemnification under the otherprovisions of this Agreement. Advances shall include any and all reasonableExpenses incurred pursuing a Proceeding to enforce this right of advancement,including Expenses incurred preparing and forwarding statements to the Companyto support the advances claimed. The Indemnitee shall qualify for advances, tothe fullest extent permitted by applicable law, solely upon the execution anddelivery to the Company of an undertaking providing that the Indemniteeundertakes to repay the advance to the extent that it is ultimately determinedthat Indemnitee is not entitled to be indemnified by the Company under theprovisions of this Agreement, the Amended and Restated Certificate ofIncorporation of the Company, the Amended and Restated By-laws of the Company,applicable law or otherwise. This Section 10(a) shall not apply to any claimmade by Indemnitee for which indemnity is excluded pursuant to Section 9.

                    (b)     The Company will be entitled to participate in theProceeding at its own expense. 

                    (c)     The Company shall not settle any action, claim orProceeding (in whole or in part) that would impose any Expense, judgment, fine,penalty or limitation on the Indemnitee without the Indemnitee’s priorwritten consent. 

          11.     **Procedure for Notification and Application forIndemnification.**

                    (a)     Indemnitee shall notify the Company in writingpromptly upon being served with any summons, citation, subpoena, complaint,indictment, information or other document relating to any Proceeding or matterthat may be subject to indemnification or advancement of Expenses coveredhereunder. The failure of Indemnitee to so notify the Company shall not relievethe Company of any obligation that it may have to the Indemnitee under thisAgreement, or otherwise. 

                    (b)     Indemnitee may deliver to the Company a writtenapplication to indemnify and hold harmless Indemnitee in accordance with thisAgreement. Such application(s) may be delivered from time to time and at suchtime(s) as Indemnitee deems appropriate in Indemnitee’s sole discretion.Following such a written application for indemnification by Indemnitee, theIndemnitee’s entitlement to indemnification shall be determined accordingto Section 12(a) of this Agreement. 

          12.     **Procedure Upon Application forIndemnification.**

                    (a)     A determination, if required by applicable law, withrespect to Indemnitee’s entitlement to indemnification shall be made in thespecific case by one of the following methods: (i) by a majority vote of theDisinterested Directors, even though less than a quorum of the Board or (ii) byIndependent Counsel in a written opinion to the Board, a copy of which shall bedelivered to Indemnitee. The Company promptly will advise Indemnitee in writingwith respect to any determination that Indemnitee is or is not entitled toindemnification, including a description of any reason or basis for whichindemnification has been denied. If it is so determined that Indemnitee isentitled to indemnification, payment to Indemnitee shall be made within ten (10)days after such determination. Indemnitee shall reasonably cooperate with theperson, persons or entity making such determination with respect toIndemnitee’s entitlement to indemnification, including providing to suchperson, persons or entity upon reasonable advance request any documentation orinformation which is not privileged or otherwise protected from disclosure andwhich is reasonably available to Indemnitee and reasonably necessary to suchdetermination. Any costs or Expenses (including attorneys’ fees anddisbursements) incurred by Indemnitee in so cooperating with the person, personsor entity making such determination shall be borne by the Company (irrespectiveof the determination as to Indemnitee’s entitlement to indemnification) andthe Company hereby indemnifies and agrees to hold Indemnitee harmless therefrom.

                    (b)     In the event the determination of entitlement toindemnification is to be made by Independent Counsel pursuant to Section 12(a)hereof, the Independent Counsel shall be selected as provided in this Section12(b). The Independent Counsel shall be selected by Indemnitee (unlessIndemnitee shall request that such selection be made by the Board), andIndemnitee shall give written notice to the Company advising it of the identityof the Independent Counsel so selected and certifying that the IndependentCounsel so selected meets the requirements of “Independent Counsel” asdefined in Section 2 of this Agreement. If the Independent Counsel is selectedby the Board, the Company shall give written notice to Indemnitee advisingIndemnitee of the identity of the Independent Counsel so selected and certifyingthat the Independent Counsel so selected meets the requirements of“Independent Counsel” as defined in Section 2 of this Agreement. Ineither event, Indemnitee or the Company, as the case may be, may, within ten(10) days after such written notice of selection shall have been received,deliver to the Company or to Indemnitee, as the case may be, a written objectionto such selection; provided, however, that such objection may beasserted only on the ground that the Independent Counsel so selected does notmeet the requirements of “Independent Counsel” as defined in Section 2of this Agreement, and the objection shall set forth with particularity thefactual basis of such assertion. Absent a proper and timely objection, theperson so selected shall act as Independent Counsel. If such written objectionis so made and substantiated, the Independent Counsel so selected may not serveas Independent Counsel unless and until such objection is withdrawn or a courtof competent jurisdiction has determined that such objection is without merit.If, within twenty (20) days after submission by Indemnitee of a written requestfor indemnification pursuant to Section 11(b) hereof, no Independent Counselshall have been selected and not objected to, either the Company or Indemniteemay petition the Delaware Court for resolution of any objection which shall havebeen made by the Company or Indemnitee to the other’s selection ofIndependent Counsel or for the appointment as Independent Counsel of a personselected by the Delaware Court, and the person with respect to whom allobjections are so resolved or the person so appointed shall act as IndependentCounsel under Section 12(a) hereof. Upon the due commencement of any judicialproceeding or arbitration pursuant to Section 14(a) of this Agreement,Independent Counsel shall be discharged and relieved of any furtherresponsibility in such capacity (subject to the applicable standards ofprofessional conduct then prevailing). 

                    (c)     The Company agrees to pay the reasonable fees andexpenses of Independent Counsel and to fully indemnify and hold harmless suchIndependent Counsel against any and all Expenses, claims, liabilities anddamages arising out of or relating to this Agreement or its engagement pursuanthereto. 

          13.     **Presumptions and Effect of CertainProceedings.**

                    (a)     In making a determination with respect toentitlement to indemnification hereunder, the person, persons or entity makingsuch determination shall presume that Indemnitee is entitled to indemnificationunder this Agreement if Indemnitee has submitted a request for indemnificationin accordance with Section 11(b) of this Agreement, and the Company shall havethe burden of proof to overcome that presumption in connection with the makingby any person, persons or entity of any determination contrary to thatpresumption. Neither the failure of the Company (including by its directors orIndependent Counsel) to have made a determination prior to the commencement ofany action pursuant to this Agreement that indemnification is proper in thecircumstances because Indemnitee has met the applicable standard of conduct, noran actual determination by the Company (including by its directors orIndependent Counsel) that Indemnitee has not met such applicable standard ofconduct, shall be a defense to the action or create a presumption thatIndemnitee has not met the applicable standard of conduct. 

                    (b)     If the person, persons or entity empowered orselected under Section 12 of this Agreement to determine whether Indemnitee isentitled to indemnification shall not have made a determination within thirty(30) days after receipt by the Company of the request therefor, the requisitedetermination of entitlement to indemnification shall be deemed to have beenmade and Indemnitee shall be entitled to such indemnification, absent (i) amisstatement by Indemnitee of a material fact, or an omission of a material factnecessary to make Indemnitee’s statement not materially misleading, inconnection with the request for indemnification, or (ii) a final judicialdetermination that any or all such indemnification is expressly prohibited underapplicable law; provided, however, that such 30-day period may beextended for a reasonable time, not to exceed an additional fifteen (15) days,if the person, persons or entity making the determination with respect toentitlement to indemnification in good faith requires such additional time forthe obtaining or evaluating of documentation and/or information relatingthereto. 

                    (c)     The termination of any Proceeding or of any claim,issue or matter therein, by judgment, order, settlement or conviction, or upon aplea of nolocontendere or its equivalent, shall not (except asotherwise expressly provided in this Agreement) of itself adversely affect theright of Indemnitee to indemnification or create a presumption that Indemniteedid not act in good faith and in a manner which Indemnitee reasonably believedto be in or not opposed to the best interests of the Company or, with respect toany criminal Proceeding, that Indemnitee had reasonable cause to believe thatIndemnitee’s conduct was unlawful. 

                    (d)     For purposes of any determination of good faith,Indemnitee shall be deemed to have acted in good faith if Indemnitee’saction is based on the records or books of account of the Company, includingfinancial statements, or on information supplied to Indemnitee by the officersof the Company in the course of their duties, or on the advice of legal counselfor the Company or on information or records given or reports made to theCompany by an independent certified public accountant or by an appraiser orother expert selected by the Company. The provisions of this Section 13(d) shallnot be deemed to be exclusive or to limit in any way the other circumstances inwhich the Indemnitee may be deemed or found to have met the applicable standardof conduct set forth in this Agreement. 

                    (e)     The knowledge and/or actions, or failure to act, ofany other director, officer, trustee, partner, managing member, fiduciary, agentor employee of the Company shall not be imputed to Indemnitee for purposes ofdetermining the right to indemnification under this Agreement. 

          14.     **Remedies of Indemnitee.**

                    (a)     In the event that (i) a determination is madepursuant to Section 12 of this Agreement that Indemnitee is not entitled toindemnification under this Agreement, (ii) advancement of Expenses, to thefullest extent permitted by applicable law, is not timely made pursuant toSection 10 of this Agreement, (iii) no determination of entitlement toindemnification shall have been made pursuant to Section 12(a) of this Agreementwithin thirty (30) days after receipt by the Company of the request forindemnification, (iv) payment of indemnification is not made pursuant to Section5, 6, 7 or the last sentence of Section 12(a) of this Agreement within ten (10)days after receipt by the Company of a written request therefor, (v) acontribution payment is not made in a timely manner pursuant to Section 8 ofthis Agreement, or (vi) payment of indemnification pursuant to Section 3 or 4 ofthis Agreement is not made within ten (10) days after a determination has beenmade that Indemnitee is entitled to indemnification, Indemnitee shall beentitled to an adjudication by the Delaware Court to such indemnification,contribution or advancement of Expenses. Alternatively Indemnitee, atIndemnitee’s option, may seek an award in arbitration to be conducted by asingle arbitrator pursuant to the Commercial Arbitration Rules of the AmericanArbitration Association. Except as set forth herein, the provisions of Delawarelaw (without regard to its conflict of laws rules) shall apply to any sucharbitration. The Company shall not oppose Indemnitee’s right to seek anysuch adjudication or award in arbitration. 

                    (b)     In the event that a determination shall have beenmade pursuant to Section 12(a) of this Agreement that Indemnitee is not entitledto indemnification, any judicial proceeding or arbitration commenced pursuant tothis Section 14 shall be conducted in all respects as a denovotrial, or arbitration, on the merits and Indemnitee shall not be prejudiced byreason of that adverse determination. In any judicial proceeding or arbitrationcommenced pursuant to this Section 14, Indemnitee shall be presumed to beentitled to indemnification under this Agreement and the Company shall have theburden of proving Indemnitee is not entitled to indemnification or advancementof Expenses, as the case may be, and the Company may not refer to or introduceinto evidence any determination pursuant to Section 12(a) of this Agreementadverse to Indemnitee for any purpose. If Indemnitee commences a judicialproceeding or arbitration pursuant to this Section 14, Indemnitee shall not berequired to reimburse the Company for any advances pursuant to Section 10 untila final determination is made with respect to Indemnitee’s entitlement toindemnification (as to which all rights of appeal have been exhausted orlapsed). 

                    (c)     If a determination shall have been made pursuant toSection 12(a) of this Agreement that Indemnitee is entitled to indemnification,the Company shall be bound by such determination in any judicial proceeding orarbitration commenced pursuant to this Section 14, absent (i) a misstatement byIndemnitee of a material fact, or an omission of a material fact necessary tomake Indemnitee’s statement not materially misleading, in connection withthe request for indemnification, or (ii) a prohibition of such indemnificationunder applicable law. 

                    (d)     The Company shall be precluded from asserting in anyjudicial proceeding or arbitration commenced pursuant to this Section 14 thatthe procedures and presumptions of this Agreement are not valid, binding andenforceable and shall stipulate in any such court or before any such arbitratorthat the Company is bound by all the provisions of this Agreement. 

                    (e)     The Company shall indemnify and hold harmlessIndemnitee to the fullest extent permitted by law against all Expenses and, ifrequested by Indemnitee, shall (within ten (10) days after the Company’sreceipt of such written request) advance to Indemnitee, to the fullest extentpermitted by applicable law, such Expenses that are incurred by Indemnitee inconnection with any judicial proceeding or arbitration brought by Indemnitee (i)to enforce Indemnitee’s rights under, or to recover damages for breach of,this Agreement or any other indemnification, advancement or contributionagreement or provision of the Company’s Amended and Restated By-laws, nowor hereafter in effect, or provision of the Company’s Amended and RestatedCertificate of Incorporation, now or hereafter in effect; or (ii) for recoveryor advances under any insurance policy maintained by any person for the benefitof Indemnitee, regardless of whether Indemnitee ultimately is determined to beentitled to such indemnification, advance, contribution or insurance recovery,as the case may be. 

                    (f)     Notwithstanding anything in this Agreement to thecontrary, no determination as to entitlement to indemnification under thisAgreement shall be required to be made prior to the final disposition of theProceeding. 

          15.     **Non-Exclusivity; Survival of Rights; Insurance;Subrogation.**

                    (a)     The rights of indemnification and to receiveadvancement of Expenses as provided by this Agreement shall not be deemedexclusive of any other rights to which Indemnitee may at any time be entitledunder applicable law, the Company’s Amended and Restated By-laws, theCompany’s Amended and Restated Certificate of Incorporation, any agreement,a vote of members or a resolution of directors, or otherwise. No amendment,alteration or repeal of this Agreement or of any provision hereof shall limit orrestrict any right of Indemnitee under this Agreement in respect of any actiontaken or omitted by such Indemnitee prior to such amendment, alteration orrepeal. To the extent that a change in applicable law, whether by statute orjudicial decision, permits greater indemnification or advancement of Expensesthan would be afforded currently under Article VI of the Amended and RestatedBy-laws of the Company and Article XII of the Amended and Restated Certificateof Incorporation of the Company or this Agreement, it is the intent of theparties hereto that Indemnitee shall enjoy by this Agreement the greaterbenefits so afforded by such change. No right or remedy herein conferred isintended to be exclusive of any other right or remedy, and every other right andremedy shall be cumulative and in addition to every other right and remedy givenhereunder or now or hereafter existing at law or in equity or otherwise. Theassertion or employment of any right or remedy hereunder, or otherwise, shallnot prevent the concurrent assertion or employment of any other right or remedy.

                    (b)     The DGCL and Article VI of the Company’sAmended and Restated By-laws and Article XII of the Company’s Amended andRestated Certificate of Incorporation permit the Company to purchase andmaintain insurance or furnish similar protection or make other arrangements(“Indemnification Arrangements”) on behalf of Indemnitee against anyliability asserted against Indemnitee or incurred by or on behalf of Indemnitee,whether or not the Company would have the power to indemnify Indemnitee againstsuch liability under the provisions of this Agreement or under the DGCL, as itmay then be in effect. The purchase, establishment, and maintenance of any suchIndemnification Arrangement shall not in any way limit or affect the rights andobligations of the Company or of the Indemnitee under this Agreement except asexpressly provided herein, and the execution and delivery of this Agreement bythe Company and the Indemnitee shall not in any way limit or affect the rightsand obligations of the Company or the other party or parties thereto under anysuch Indemnification Arrangement. 

                    (c)     To the extent that the Company maintains aninsurance policy or policies providing liability insurance for directors,officers, trustees, partners, managing members, fiduciaries, employees, oragents of the Company or any other business operation which such person servesat the request of the Company, Indemnitee shall be covered by such policy orpolicies in accordance with its or their terms to the maximum extent of thecoverage available for any such director, officer, trustee, partner, managingmember, fiduciary, employee or agent under such policy or policies. If, at thetime the Company receives notice from any source of a Proceeding as to whichIndemnitee is a party or a participant (as a witness or otherwise), the Companyhas director and officer liability insurance in effect, the Company shall giveprompt notice of such Proceeding to the insurers in accordance with theprocedures set forth in the respective policies. The Company shall thereaftertake all necessary or desirable action to cause such insurers to pay, on behalfof the Indemnitee, all amounts payable as a result of such Proceeding inaccordance with the terms of such policies. 

                    (d)     In the event of any payment under this Agreement,the Company shall be subrogated to the extent of such payment to all of therights of recovery of Indemnitee, who shall execute all papers required and takeall action necessary to secure such rights, including execution of suchdocuments as are necessary to enable the Company to bring suit to enforce suchrights. 

                    (e)     The Company’s obligation to indemnify oradvance Expenses hereunder to Indemnitee shall be reduced by any amountIndemnitee has actually received as indemnification or advancement of expensesfrom the Company. 

          16.     **Duration of Agreement.**   ThisAgreement shall continue until and terminate upon 10 years after Indemnitee hascompleted Indemnitee’s service as a director of the Company. 

          17.     **Severability.**   If any provision orprovisions of this Agreement shall be held to be invalid, illegal orunenforceable for any reason whatsoever: (a) the validity, legality andenforceability of the remaining provisions of this Agreement (including, withoutlimitation, each portion of any Section, paragraph or sentence of this Agreementcontaining any such provision held to be invalid, illegal or unenforceable, thatis not itself invalid, illegal or unenforceable) shall not in any way beaffected or impaired thereby and shall remain enforceable to the fullest extentpermitted by law; (b) such provision or provisions shall be deemed reformed tothe extent necessary to conform to applicable law and to give the maximum effectto the intent of the parties hereto; and (c) to the fullest extent possible, theprovisions of this Agreement (including, without limitation, each portion of anySection, paragraph or sentence of this Agreement containing any such provisionheld to be invalid, illegal or unenforceable, that is not itself invalid,illegal or unenforceable) shall be construed so as to give effect to the intentmanifested thereby.

          18.     **Enforcement and Binding Effect.**

                    (a)     The Company expressly confirms and agrees that ithas entered into this Agreement and assumed the obligations imposed on it herebyin order to induce Indemnitee to continue to serve as a member of the Board ofDirectors , and the Company acknowledges that Indemnitee is relying upon thisAgreement in continuing to serve as a member of the Board of Directors .

                    (b)     Without limiting any of the rights of Indemniteeunder (i) the Amended and Restated By-laws, as they may be amended from time totime, and (ii) the Amended and Restated Certificate of Incorporation of theCompany as they may be amended from time to time, this Agreement constitutes theentire agreement between the parties hereto with respect to the subject matterhereof and supersedes all prior agreements and understandings, oral, written andimplied, between the parties hereto with respect to the subject matter hereof.

                    (c)     The indemnification and advancement of Expensesprovided by or granted pursuant to this Agreement shall be binding upon and beenforceable by the parties hereto and their respective successors and assigns(including any direct or indirect successor by purchase, merger, consolidationor otherwise to all or substantially all of the business or assets of theCompany), shall continue as to Indemnitee when Indemnitee has ceased to be amember of the Board of Directors , and shall inure to the benefit of Indemniteeand Indemnitee’s spouse, assigns, heirs, devisees, executors andadministrators and other legal representatives. 

                    (d)     The Company shall require and cause any successor(whether direct or indirect by purchase, merger, consolidation or otherwise) toall or substantially all of the business or assets of the Company, by writtenagreement in form and substance satisfactory to the Indemnitee, expressly toassume and agree to perform this Agreement in the same manner and to the sameextent that the Company would be required to perform if no such succession hadtaken place. 

                    (e)     The Company and Indemnitee agree herein that amonetary remedy for breach of this Agreement, at some later date, may beinadequate, impracticable and difficult of proof, and further agree that suchbreach may cause Indemnitee irreparable harm. Accordingly, the parties heretoagree that Indemnitee may enforce this Agreement by seeking injunctive reliefand specific performance hereof, without any necessity of showing actual damageor irreparable harm and that by seeking injunctive relief or specificperformance, Indemnitee shall not be precluded from seeking or obtaining anyother relief to which Indemnitee may be entitled. The Company and Indemniteefurther agree that Indemnitee shall be entitled to such specific performance andinjunctive relief, including temporary restraining orders, preliminaryinjunctions and permanent injunctions, without the necessity of posting bonds orother undertaking in connection therewith. The Company acknowledges that in theabsence of a waiver, a bond or undertaking may be required of Indemnitee by theCourt, and the Company hereby waives any such requirement of such a bond orundertaking. 

          19.     **Modification and Waiver.**   Nosupplement, modification or amendment of this Agreement shall be binding unlessexecuted in writing by the parties hereto. No waiver of any of the provisions ofthis Agreement shall be deemed or shall constitute a waiver of any otherprovisions of this Agreement nor shall any waiver constitute a continuingwaiver.

          20.     **Notices.**   All notices, requests,demands and other communications under this Agreement shall be in writing andshall be deemed to have been duly given (i) if delivered by hand and receiptedfor by the party to whom said notice or other communication shall have beendirected, or (ii) mailed by certified or registered mail with postage prepaid,on the third (3rd) business day after the date on which it is so mailed:

                    (a)     If to Indemnitee, at the address indicated on thesignature page of this Agreement, or such other address as Indemnitee shallprovide in writing to the Company, 

                    (b)     If to the Company, to: