Document:

Exhibit 10.13

INDEMNIFICATION AGREEMENT

THIS AGREEMENT
is made as of December 28, 2005 (the “Closing Date”), by and between
each of BD Investment Holdings Inc. (“Holdings”), LPL Holdings, Inc., a
Massachusetts corporation (“LPL”, and together with Holdings, each a “Company”),
and Steven M. Black (the “Indemnitee”), an officer and/or director of a
Company.

RECITALS

WHEREAS,
although the Restated Articles of Organization and the By-laws of LPL provide
for indemnification of the officers and directors of LPL and the Indemnitee may
also be entitled to indemnification pursuant to the Massachusetts Business
Corporation Act, the Massachusetts Business Corporation Act expressly
contemplates that contracts may be entered into between LPL and officers of LPL
and/or members of the Board of Directors of LPL with respect to indemnification
of officers and directors; and

WHEREAS, the
Indemnitee’s continued service to each Company substantially benefits the
Companies; and

WHEREAS, each
of the Boards of Directors of LPL and Holdings has determined that it is in the
best interest of the Companies and that it is reasonably prudent and necessary
for each Company contractually to obligate itself to indemnify, and to pay, on
a current basis, expenses in advance of a final disposition of any Proceeding
on behalf of the Indemnitee to the fullest extent permitted by applicable law
in order to induce the Indemnitee to serve or continue to serve the Companies
free from undue concern that the Indemnitee will not be so indemnified or that
any indemnification obligation will not be met; and

WHEREAS, this
Agreement is a supplement to and in furtherance of (a) the Restated Articles of
Organization and Bylaws of LPL, and (b) the certificate and bylaws or
partnership agreement, as the case may be, of Holdings and any Enterprise (as
defined below) and any resolutions adopted pursuant thereto, and shall not be
deemed a substitute therefor, nor to diminish or abrogate any rights of the
Indemnitee thereunder; and

WHEREAS, the
Indemnitee is willing to serve, continue to serve and to take on additional
service for or on behalf of the Companies and certain other Enterprises on the
condition that the Indemnitee be so indemnified;

NOW,
THEREFORE, in consideration of the promises and the covenants contained herein,
each Company and the Indemnitee do hereby covenant and agree as follows:

1.             Definitions.
For purposes of this Agreement, the following terms shall have the meanings
hereafter assigned to them:

(a)           “Corporate Status” describes
the status of a person who is or was a director, trustee, general partner,
managing member, officer, employee, agent or fiduciary of a Company or of any
other Enterprise.

(b)           A “Disinterested Director”
shall mean a director of the applicable Company who, at the time of a vote
referred to in the definition of Reviewing Party is not (i) the Indemnitee,
(ii) a Party to (or a participant in) the Proceeding for which indemnification
is sought or (iii) an individual having a familial, financial, professional or
employment relationship with the Indemnitee, which relationship would, in the
circumstances, reasonably be expected to exert an influence on such director’s
judgment when voting on the decision being made.

(c)           “Enterprise” shall mean (i)
the Companies and (ii) any other corporation, partnership, limited liability
company, joint venture, trust, employee benefit plan or other enterprise which
is an affiliate or wholly or partially owned subsidiary of the Companies and of
which the Indemnitee is or was serving as a director, trustee, general partner,
managing member, officer, employee, agent or fiduciary; and (iii) any other
corporation, partnership, limited liability company, joint venture, trust,
employee benefit plan or other enterprise, in each case, of which Indemnitee is
or was serving at the request of a Company. For purposes of this Agreement, a
director or officer will be considered to be serving on an employee benefit
plan at a Company’s request if the individual’s duties to such Company also
impose duties on, or otherwise involve services by, the individual to the plan.

(d)           “Expenses” shall mean all
reasonable expenses, including, but not limited to, attorneys’ fees, 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 disbursements or expenses of the types
customarily incurred in connection with prosecuting, defending, preparing to
prosecute or defend, investigating, being or preparing to be a witness in, or
otherwise participating in, a Proceeding. Expenses shall include such fees and
expenses, and costs incurred in connection with any appeal resulting from any
Proceeding, including without limitation the premium, security for, and other
costs relating to any cost bond, supersedeas bond, or other appeal bond or its
equivalent. Expenses, however, shall not include amounts paid in settlement by
the Indemnitee or the amount of judgments or fines against the Indemnitee.

(e)           “Fines” shall mean any excise
tax assessed with respect to any employee benefit plan; references to “serving
at the request of a Company” shall include any service as a director, trustee,
general partner, managing member, officer, employee, agent or fiduciary of a
Company or an Enterprise which imposes duties on, or involves services by, such
director, trustee, general partner, managing member, officer, employee, agent
or fiduciary with respect to an employee benefit plan, its participants or
beneficiaries; and a person who acted in good faith and in a manner he
reasonably believed to be in the best interests of the participants and
beneficiaries of an employee benefit plan shall be deemed to have acted in a
manner “not opposed to the best interests of the Companies” as referred to in
this Agreement.

(f)            An “Indemnifiable Event”
shall mean any Proceeding in which the Indemnitee was, is or will be involved
as a Party or otherwise by reason of the fact that the Indemnitee is or was an
officer or director of any of the Companies or the Enterprises, by reason

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of any acts or omissions
on his part while acting as an officer or director of such Company, or by
reason of the fact that he is or was serving as a director, trustee, general
partner, managing member, officer, employee, agent or fiduciary of any other
Enterprise, in each case whether or not serving in such capacity at the time
any Expense, judgment, fine or amount paid in settlement is incurred for which
indemnification, reimbursement, or advancement of Expenses can be provided
under this Agreement.

(g)           An “Indemnitee Statement”
shall mean a written demand by the Indemnitee to a Company for a payment
pursuant to Section 2(b) of this Agreement, accompanied by a written statement,
dated the date of such statement, from the Indemnitee to a Company in which the
Indemnitee (i) affirms, with respect to the applicable Indemnifiable Event, the
Indemnitee’s good faith belief that the Indemnitee has met the relevant
standard of conduct described in Subdivision E of Part 8 of the Massachusetts
Business Corporation Act or that the Proceeding involves conduct for which
liability has been eliminated under such Company’s articles of organization or
bylaws and (ii) undertakes to repay any funds paid in advance of a final
disposition of a Proceeding (or funds paid directly by a Company advance of a
final disposition of a Proceeding) if, with respect to the applicable
Indemnifiable Event, the Indemnitee is not entitled to indemnification under
applicable law as ultimately determined by a court of competent jurisdiction or
by the Reviewing Party that the Indemnitee has not met the relevant standard of
conduct described in Subdivision E of Part 8 of the Massachusetts Business
Corporation Act.

(h)           An “IPO” shall mean an
underwritten initial public offering or public offering of shares of BD
Investment Holdings Inc. pursuant to a registration statement under the
Securities Act of 1933, as amended, or any successor federal statute thereto,
and the rules and regulations of the Securities and Exchange Commission
promulgated thereunder.

(i)            A “Liability” shall mean an
obligation to pay a judgment, settlement, penalty, and/or Fine (including an
excise tax assessed with respect to an employee benefit plan) in connection
with an Indemnifiable Event and any Expenses incurred in connection with an
Indemnifiable Event.

(j)            A “Party” shall mean an
individual who was, is, or is threatened to be made, a defendant or respondent
in a Proceeding. The Indemnitee shall be considered a “Party” in a Proceeding in
which the Indemnitee seeks a declaratory judgment with respect to matters
related to an Indemnifiable Event. In addition, the Indemnitee shall be
considered a Party for all aspects of an Indemnifiable Event even though the
Indemnitee asserts counter-claims or cross-claims.

(k)           “Person” means an individual,
a corporation, a limited liability company, an association, a partnership, an
estate, a trust and any other entity or organization, other than a Company or
any of its subsidiaries.

(l)            A “Proceeding” shall mean any
threatened, pending or completed action, suit, arbitration, mediation,
alternate dispute resolution mechanism, investigation, inquiry, administrative
hearing or any other actual, threatened or completed proceeding, whether
brought in the right of a Company or otherwise, whether informal or formal, and
whether of a civil,

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criminal, administrative
or investigative nature, including, without limitation, any such proceeding
pending as of the date of this Agreement.

(m)          The “Reviewing Party” in connection
with an Indemnifiable Event shall be, as selected by the Indemnitee in his or
her sole discretion:

(i)            if there are two or more
Disinterested Directors on the Board of Directors of the applicable Company,
such Board of Directors acting by majority vote of all Disinterested Directors,
or by a majority of the members of a committee of the Board of Directors of
such Company consisting of two or more Disinterested Directors; or

(ii)           a Special Legal Counsel nominated by
the Indemnitee and selected by

(a)           if there are two or more
Disinterested Directors on the Board of Directors of the applicable Company,
the Board of Directors of such Company acting by majority vote of all
Disinterested Directors, or by a majority of the members of a committee of the
Board of Directors of such Company consisting of two or more Disinterested
Directors; or

(b)           if there are fewer than two
Disinterested Directors on the Board of Directors of the applicable Company,
the full Board of Directors of the Company, with directors who do not qualify
as Disinterested Directors eligible to vote; or

(iii)          prior to an IPO, the shareholders of
the applicable Company acting by the vote required for ordinary corporate
actions, except that shares owned by or voted under the control of (A) a director
of such Company who at the time does not qualify as a Disinterested Director or
(B) the Indemnitee may not be voted on the determination.

(n)           “Special Legal Counsel” shall
mean, at any time, any law firm, or a member of a law firm, that (a) is experienced
in matters of corporation law and (b) is not, at such time, or has not been in
the five years prior to such time, retained to represent: (i) any Company or
the Indemnitee in any matter material to either such party (other than as
Special Legal Counsel), or (ii) any other Party to (or participant in) the
Proceeding giving rise to a claim for indemnification hereunder.
Notwithstanding the foregoing, the term “Special Legal Counsel” shall not
include any person who, under the applicable standards of professional conduct
then prevailing, would have a conflict of interest in representing either of
the Companies or the Indemnitee in an action to determine the Indemnitee’s
rights under this Agreement. Each Company agrees to pay the reasonable fees and
expenses of the Special Legal Counsel referred to above and to fully indemnify
such counsel against any and all Expenses, claims, liabilities and damages
arising out of or relating to this Agreement or its engagement pursuant hereto
and to be jointly and severally liable therefor.

2.             Basic Arrangement.

(a)           In the event the Indemnitee is a
Party in an Indemnifiable Event, subject only to limitations expressly imposed
by the terms of this Agreement, each Company shall indemnify the Indemnitee for
any associated Liabilities to the fullest extent permitted by law. Subject to
Section 2(f) and in accordance with the procedures set forth in Section 3, any

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indemnification pursuant
to this Section 2(a) must be determined by the Reviewing Party to be
permissible under the Massachusetts Business Corporation Act in the specific
Proceeding. Each Company shall make any such payment to which the Indemnitee is
entitled pursuant to this Section 2(a) as soon as practicable but in no event
later than five (5) days after determination by the Reviewing Party.

(b)           Notwithstanding anything to the
contrary, before the final disposition of an Indemnifiable Event in which the
Indemnitee is a Party, each Company shall be obligated to pay, on a current
basis, any and all funds to pay for or reimburse the Indemnitee’s Expenses (an “Expense
Advance”) within ten (10) days after the receipt by a Company of a
statement or statements requesting such advances from time to time, provided
that the Indemnitee delivers an Indemnitee Statement. Such advances (i) shall
be unsecured and interest free; (ii) shall be made without regard to the
Indemnitee’s ability to repay the advances and without regard to the Indemnitee’s
ultimate entitlement to indemnification under the other provisions of this
Agreement; and (iii) shall include any and all Expenses incurred pursuing an
action to enforce this right of payments, on a current basis, including
Expenses incurred preparing and forwarding statements to a Company to support
the advances claimed. The Indemnitee shall qualify for advancement of Expenses
solely upon the execution and delivery to a Company of the Indemnitee
Statement.

(c)           Pursuant to Section 8.58(a) of the
Massachusetts Business Corporation Act, this Agreement shall constitute
authorization to provide indemnification, pay funds, on a current basis, and
reimburse expenses under Subdivision E of Part 8 of the Massachusetts Business
Corporation Act.

(d)           Each Company shall be liable to
indemnify the Indemnitee and pay for or reimburse the Indemnitee’s Liabilities
in connection with an Indemnifiable Event or any other Proceeding involving the
Companies or Enterprises, in either case, in which the Indemnitee is a witness
but not a Party. If the Companies do not pay directly for any Expenses incurred
in connection therewith, each Company shall be obligated to pay, on a current
basis, any and all funds to pay for or reimburse the Indemnitee’s Expense for
which the Indemnitee is entitled pursuant to this Section 2(d) within ten (10)
days after receipt by a Company of a written demand for reimbursement signed by
the Indemnitee. Such advances (i) shall be unsecured and interest free; (ii)
shall be made without regard to the Indemnitee’s ability to repay the advances
and without regard to the Indemnitee’s ultimate entitlement to indemnification
under the other provisions of this Agreement; and (iii) shall include any and
all Expenses incurred pursuing an action to enforce this right of payments, on
a current basis, including Expenses incurred preparing and forwarding statements
to a Company to support the advances claimed. The Indemnitee shall qualify for
advancement of Expenses solely upon the execution and delivery to a Company of
the Indemnitee Statement.

(e)           Each Company shall be liable to
indemnify the Indemnitee and pay for or reimburse the Indemnitee’s Liabilities
incurred by or on behalf of the Indemnitee (i) in taking any action to enforce
any provision of this Agreement, including all Expenses incurred bringing a
claim, counterclaim or cross claim in a legal proceeding, arbitration or
otherwise to enforce this Agreement or any provisions of this Agreement or (ii)
for recovery under any directors’ and officers’ liability insurance policy
maintained by the Companies. If the Companies do not pay

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directly for any Expenses
incurred in connection therewith, each Company shall be obligated to pay, on a
current basis, any and all funds to pay for or reimburse the Indemnitee’s
Expense for which the Indemnitee is entitled pursuant to this Section 2(e)
within ten (10) days after receipt by a Company of a written demand for
reimbursement signed by the Indemnitee. Such advances (i) shall be unsecured
and interest free; (ii) shall be made without regard to the Indemnitee’s
ability to repay the advances and without regard to the Indemnitee’s ultimate
entitlement to indemnification under the other provisions of this Agreement;
and (iii) shall include any and all Expenses incurred pursuing an action to
enforce this right of payments, on a current basis, including Expenses incurred
preparing and forwarding statements to a Company to support the advances
claimed. The Indemnitee shall qualify for advancement of Expenses solely upon
the execution and delivery to a Company of the Indemnitee Statement.

(f)            Notwithstanding any other provisions
of this Agreement, to the extent that the Indemnitee is a Party to (or a
participant in) and is successful, on the merits or otherwise, in any
Proceeding in connection with an Indemnifiable Event or in defense of any
claim, issue or matter therein, in whole or in part, each Company shall be
liable to indemnify the Indemnitee against all Liabilities incurred by him in
connection therewith. If the Indemnitee is not wholly successful in such
Proceeding but is successful, on the merits or otherwise, as to one or more but
less than all claims, issues or matters in such Proceeding, each Company shall
be liable to indemnify Indemnitee against all Liabilities incurred by the
Indemnitee or on the Indemnitee’s behalf in connection with each successfully
resolved claim, issue or matter. If the Indemnitee is not wholly successful in
such Proceeding, each Company also shall be liable to indemnify the Indemnitee
against all Expenses reasonably incurred in connection with any claim, issue or
matter that is related to any claim, issue, or matter on which the Indemnitee
was successful. For purposes of this Section and without limitation, the
termination of any claim, issue or matter in such a Proceeding by dismissal,
with or without prejudice, shall be deemed to be a successful result as to such
claim, issue or matter.

(g)           For purposes of this Section 2, the
meaning of the phrase “to the fullest extent permitted by law” shall include,
but not be limited to:

(1)           to the fullest extent permitted by
the provision of the Massachusetts Business Corporation Act that permits a
corporation to indemnify its officers and directors, including, without
limitation, the indemnification permitted by Section 8.56 for officers;

(2)           to the fullest extent permitted by
the provision of the Massachusetts Business Corporation Act that authorizes or
contemplates additional indemnification by agreement, or the corresponding
provision of any amendment to or replacement of the Massachusetts Business
Corporation Act; and

(3)           to the fullest extent authorized or
permitted by any amendments to or replacements of the Massachusetts Business
Corporation Act adopted after the date of this Agreement that increase the
extent to which a corporation may indemnify its officers and directors.

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3.             Procedure Upon Application for Indemnification.

(a)           In order to obtain indemnification
under this Agreement, the Indemnitee shall, anytime following Indemnitee’s
submission of an Indemnitee Statement to a Company, and consistent with the
time period of this Agreement as set forth in Section 5 of this Agreement,
submit to a Company a written request for indemnification pursuant to this
Section 3(a). No determination of Indemnitee’s entitlement to indemnification
shall be made until such written request for a determination is submitted to a
Company pursuant to this Section 3(a). The failure to submit a written request
to a Company will relieve the Companies of their indemnification obligations
under this Agreement only to the extent the Companies can establish that such
failure to make a written request resulted in actual prejudice to it, and the
failure to make a written request will not relieve the Companies from any
liability which it may have to indemnify the Indemnitee otherwise than under
this Agreement. The Companies shall, promptly upon receipt of such a request
for indemnification, advise the Boards of Directors of the Companies in writing
that the Indemnitee has requested indemnification.

(b)           The Indemnitee shall cooperate with
the Reviewing Party making such determination with respect to the Indemnitee’s
entitlement to indemnification, including providing to such Reviewing Party
upon request any documentation or information which is not privileged or
otherwise protected from disclosure and which is reasonably available to the
Indemnitee and reasonably necessary to such determination. Any costs or
expenses (including attorneys’ fees and disbursements) incurred by the
Indemnitee in so cooperating with the Reviewing Party, as the case may be,
making such determination shall be advanced and borne by the Companies (where
the Indemnitee executes and delivers to the Company the Indemnitee Statement)
irrespective of the determination as to the Indemnitee’s entitlement to
indemnification) and the Companies are liable to indemnify and hold the
Indemnitee harmless therefrom.

(c)           In making a determination with
respect to entitlement to indemnification hereunder, the Reviewing Party making
such determination shall presume that the Indemnitee is entitled to
indemnification under this Agreement if the Indemnitee has submitted an
Indemnitee Statement, and each Company shall have the burden of proof to
overcome that presumption in connection with the making by any person, persons
or entity of any determination contrary to that presumption. Neither the
failure of any of the Companies (including by their Boards of Directors) or of
Special Legal Counsel to have made a determination prior to the commencement of
any judicial proceeding or arbitration pursuant to this Agreement that
indemnification is proper in the circumstances because the Indemnitee has met
the applicable standard of conduct, nor an actual determination by any of the
Companies (including by their Boards of Directors) or by Special Legal Counsel
that the Indemnitee has not met such applicable standard of conduct shall
create a presumption that the Indemnitee has not met the applicable standard of
conduct.

(d)           If the Reviewing Party shall not have
made a determination within sixty (60) days after receipt by a Company of the
Indemnitee’s written request for indemnification pursuant to Section 3(a) of
this Agreement, the requisite determination of entitlement to indemnification
shall be deemed to have been made and the Indemnitee shall be entitled to such
indemnification, absent (i) a failure by the Indemnitee to comply with Section
3(b) hereof, (ii) a misstatement by the Indemnitee of a material fact, or an
omission of a material fact necessary to

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make the Indemnitee’s
statement not materially misleading, in connection with the request for
indemnification, or (ii) a prohibition of such indemnification under applicable
law; provided, however, that such 60-day period may be extended for a
reasonable time, not to exceed an additional thirty (30) days, if the Special
Legal Counsel making the determination with respect to entitlement to
indemnification in good faith requires such additional time for the obtaining
or evaluating of documentation and/or information relating thereto.

(e)           The termination of any Proceeding or
of any claim, issue or matter therein, by judgment, order, settlement or
conviction, or upon a plea of nolo contendere
or its equivalent, shall not (except as otherwise expressly provided in this
Agreement) of itself adversely affect the right of the Indemnitee to
indemnification or create a presumption that the Indemnitee did not meet any
particular standard of conduct required pursuant to this Agreement.

(f)            For purposes of any determination of
good faith, the Indemnitee shall be deemed to have acted in good faith if the
Indemnitee’s action or failure to act is based on the records or books of
account of the Enterprise, including financial statements, or on information
supplied to the Indemnitee by the officers of the Enterprise in the course of
their duties, or on the advice of legal counsel for the Enterprise or on
information or records given or reports made to the Enterprise by an
independent certified public accountant or by an appraiser or other expert
selected by the Enterprise. The provisions of this Section 3(f) shall not be
deemed to be exclusive or to limit in any way the other circumstances in which
the Indemnitee may be deemed or found to have met the applicable standard of
conduct set forth in this Agreement.

(g)           The knowledge and/or actions, or
failure to act, of any other director, partner, managing member, officer,
agent, employee or trustee of the Enterprise shall not be imputed to the
Indemnitee for purposes of determining his right to indemnification under this
Agreement.

4.             Remedies.

(a)           In the event that (i) a determination
is made pursuant to Section 2(a) of this Agreement that the Indemnitee is not
entitled to indemnification under this Agreement, (ii) payment of Expenses, on
a current basis, is not timely made pursuant to Section 2 of this Agreement,
(iii) payment of Expenses is not made pursuant to Section 2 or the last
sentence of Section 3(b) of this Agreement within ten (10) days after receipt
by a Company of a written request therefor, (where the Indemnitee has executed
and delivered to the applicable Company the Indemnitee Statement), (iv) payment
of indemnification pursuant to Section 2 of this Agreement is not made within
ten (10) days after a determination has been made that the Indemnitee is
entitled to indemnification, or (v) there is any breach of this Agreement, the
Indemnitee shall be entitled to seek an adjudication by a court of competent
jurisdiction as to his entitlement to such indemnification or payment of
Expenses, on a current basis. Alternatively, under the circumstances in clauses
(i) through (v), the Indemnitee, at his option, may seek an award in
arbitration to be conducted by a single arbitrator pursuant to the Commercial
Arbitration Rules of the American Arbitration Association. The Companies shall
not oppose the Indemnitee’s right to seek any such adjudication or award in
arbitration. If the Indemnitee has commenced adjudication or arbitration to
secure a determination, with respect to an Indemnifiable Event, that the
Indemnitee is entitled to indemnification under this Agreement,

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any determination made by
the Reviewing Party that indemnification of the Indemnitee is not permissible
under the Massachusetts Business Corporation Act with respect to such
Indemnifiable Event shall not be binding, and (where the Indemnitee has
executed and delivered to the applicable Company the Indemnitee Statement) the
Indemnitee shall not be required to reimburse the Companies for any Expense
Advance until a final judicial determination (as to which all rights of appeal
therefrom have been exhausted or lapsed) that indemnification is not legally
permissible is made with respect to such matter.

(b)           In the event that a determination
shall have been made pursuant to Section 2(a) of this Agreement that the
Indemnitee is not entitled to indemnification, any judicial proceeding or
arbitration, commenced pursuant to this Section 4, shall be conducted in all
respects as a de novo trial, or arbitration, on
the merits, and the Indemnitee shall not be prejudiced by reason of that
adverse determination. In any judicial proceeding or arbitration commenced
pursuant to this Section 4, each Company shall have the burden of proving the
Indemnitee is not entitled to indemnification or advancement of Expenses, as
the case may be.

(c)           If a determination shall have been
made pursuant to Section 2(a) of this Agreement that the Indemnitee is entitled
to indemnification, the Companies shall be bound by such determination in any
judicial proceeding or arbitration commenced pursuant to this Section 4, absent
(i) a misstatement by the Indemnitee of a material fact, or an omission of a
material fact necessary to make the Indenmitee’s statement not materially
misleading, in connection with the request for indemnification, or (ii) a
prohibition of such indemnification under applicable law.

(d)           In the event that the Indemnitee is a
Party to (or a participant in) a judicial proceeding or arbitration pursuant to
this Section 4 concerning the Indemnitee’s rights under, or to recover damages
for breach of, this Agreement, the Indemnitee shall be entitled to recover from
the Companies, and shall be indemnified by each Company against, any and all
Expenses incurred by the Indemnitee (where, with respect to an Indemnifiable
Event, the Indemnitee has executed and delivered to the Company the Indemnitee
Statement) in such judicial adjudication or arbitration. If it shall be
determined in said judicial adjudication or arbitration that the Indemnitee is
entitled to receive part but not all of the indemnification or advancement of
Expenses sought, the Indemnitee shall be entitled to recover from each Company
(who shall be liable therefor), and shall be indemnified by each Company
against, any and all Expenses incurred by the Indemnitee in connection with
such judicial adjudication or arbitration.

(e)           The Companies shall be precluded from
asserting in any judicial proceeding or arbitration commenced pursuant to this
Section 4 that the procedures and presumptions of this Agreement are not valid,
binding and enforceable and shall stipulate in any such court or before any
such arbitrator that the Companies are bound by all the provisions of this
Agreement.

5.             Duration of the Agreement.
This Agreement shall continue until and terminate upon the later of: (a) 10
years after the date that the Indemnitee shall have ceased to serve as a
director of any of the Companies or as a director, partner, managing member,
officer, employee, agent or trustee of any other Enterprise; or (b) 1 year
after the final termination (i) of any Proceeding (including any rights of appeal)
then pending in respect of which the Indemnitee requests indemnification or
advancement of Expenses hereunder and (ii) of any judicial

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proceeding or arbitration
pursuant to Section 4 of this Agreement (including any rights of appeal)
involving the Indemnitee. This Agreement shall be binding upon each Company and
its successors and assigns and shall inure to the benefit of the Indemnitee and
his heirs, executors and administrators.

6.             Non-exclusivity, Etc.
The rights of indemnification and to receive payment of Expenses, on a current
basis, as provided by this Agreement shall not be deemed exclusive of any other
rights to which the Indemnitee may at any time be entitled under applicable
law, the Companies’ or any other Enterprise’s Articles of Organization, the
Companies’ or any other Enterprise’s Bylaws, any agreement, a vote of
stockholders or a resolution of directors, or otherwise. No amendment,
alteration or repeal of this Agreement or of any provision hereof shall limit
or restrict any right of the Indemnitee under this Agreement in respect to any
action taken or omitted by such Indemnitee in the Indemnitee’s Corporate Status
prior to such amendment, alteration or repeal. To the extent that a change in
Massachusetts law, whether by statute or judicial decision, permits greater
indemnification or advancement of Expenses than would be afforded currently
under the Companies’ or any other Enterprise’s Bylaws and this Agreement, it is
the intent of the parties hereto that the Indemnitee shall enjoy by this Agreement
the greater benefits so afforded by such change. No right or remedy herein
conferred is intended to be exclusive of any other right or remedy, and every
other right and remedy shall be cumulative and in addition to every other right
and remedy given hereunder or now or hereafter existing at law or in equity or
otherwise. The assertion or employment of any right or remedy hereunder, or
otherwise, shall not prevent the concurrent assertion or employment of any
other right or remedy.

7.             Liability Insurance.
To the extent that the Companies maintain an insurance policy or policies
providing liability insurance for directors, partners, managing members,
officers, employees, agents or trustees of the Companies or of any other
Enterprise, the Indemnitee shall be covered by such policy or policies in
accordance with its or their terms to the maximum extent of the coverage
available for any such director, partner, managing member, officer, employee,
agent or trustee under such policy or policies. If, at the time of the receipt
of a notice of a claim pursuant to Section 2 hereof, the Companies have
director and officer liability insurance in effect, the Companies shall give
prompt notice of the commencement of such Proceeding to the insurers in
accordance with the procedures set forth in the respective policies. Each
Company shall thereafter take all necessary or desirable action to cause such
insurers to pay, on behalf of the Indemnitee, all amounts payable as a result
of such Proceeding in accordance with the terms of such policies. The Companies
shall maintain an insurance policy or policies for directors, partners,
managing members, officers, employees, agents or trustees of the Companies and
of all Enterprises in an amount reasonably acceptable to the Chief Executive
Officer of LPL.

8.             Amendments, Etc.
No supplement, modification or amendment of this Agreement shall be binding
unless executed in writing by both of the parties hereto. No waiver of any of
the provisions of this Agreement shall constitute a waiver of any other
provisions hereof (whether or not similar) nor shall such waiver constitute a
continuing waiver.

9.             Subrogation. In
the event of payment under this Agreement, the Companies shall be subrogated to
the extent of such payment to all of the rights of recovery of the Indemnitee,

 10
 

who shall execute all
such papers and do all such things as may be necessary or desirable to secure
such rights.

10.           No Duplication of Payments.
The Companies shall not be liable under this Agreement to make any payment in
connection with any Proceeding involving the Indemnitee to the extent the
Indemnitee has otherwise received payment (under any insurance policy, the
Companies’ articles of organization or by-laws or otherwise) of the amounts
otherwise indemnifiable hereunder.

11.           Contribution.
To the fullest extent permissible under applicable law, if the indemnification
provided for in this Agreement is unavailable to the Indemnitee for any reason
whatsoever, each Company, in lieu of indemnifying the Indemnitee, shall contribute
to the amount incurred by the Indemnitee, whether for judgments, fines,
penalties, excise taxes, amounts paid or to be paid in settlement and/or for
Expenses, in connection with any claim relating to an Indemnifiable Event under
this Agreement, in such proportion in order to reflect (i) the relative
benefits received by the Companies and the Indemnitee as a result of the
event(s) and/or transaction(s) giving cause to such Proceeding; and/or (ii) the
relative fault of the Company (and its directors, officer, employees and
agents) and the Indemnitee in connection with such event(s) and/or
transaction(s).

12.           Binding Effect, Etc.
This Agreement shall be binding upon and inure to the benefit of and be
enforceable by the parties hereto and their respective successors, assigns,
including, with respect to the Companies, any direct or indirect successor by
purchase, merger, consolidation or otherwise to all or substantially all of the
business or assets of the Companies, and including, with respect to the Indemnitee,
the Indemnitee’s estate, heirs and personal representatives. This Agreement
shall continue in effect regardless of whether the Indemnitee continues to
serve as an officer or director of the Companies or of any other Enterprise.

13.           Severability.
If any provision or provisions of this Agreement shall be held to be invalid,
illegal or unenforceable for any reason whatsoever: (a) the validity, legality
and enforceability of the remaining provisions of this Agreement (including,
without limitation, each portion of any Section of this Agreement containing
any such provision held to be invalid, illegal or unenforceable, that is not
itself invalid, illegal or unenforceable) shall not in any way be affected or
impaired thereby and shall remain enforceable to the fullest extent permitted
by law; (b) such provision or provisions shall be deemed reformed to the extent
necessary to conform to applicable law and to give the maximum effect to the
intent of the parties hereto; and (c) to the fullest extent possible, the
provisions of this Agreement (including, without limitation, each portion of
any section of this Agreement containing any such provision held to be invalid,
illegal or unenforceable, that is not itself invalid, illegal or unenforceable)
shall be construed so as to give effect to the intent manifested thereby.

14.           Notices. All
notices, requests, demands and other communications under this Agreement shall
be in writing and shall be deemed to have been duly given (a) if delivered by
hand and receipted for by the party to whom said notice or other communication
shall have been directed, or (b) mailed by certified or registered mail with
postage prepaid, on the third business day after the date on which it is so
mailed:

 11
 

(a)           If to the Indemnitee, at the address
indicated on the signature page of this Agreement, or such other address as the
Indemnitee shall provide in writing to the Company, with a copy to Julie Jones,
Esq., Ropes & Gray LLP, One International Place, Boston, MA 02110.

(b)           If to any of the Companies to: LPL
Holdings, Inc., One Beacon Street, 22nd Floor, Boston, MA 02108, Attn: Secretary (or,
if the Indemnitee is at such time the Secretary, to the President of the
Company).

15.           Entire Agreement.
This Agreement constitutes the entire agreement between the parties and
supersedes all prior communications, agreements and understandings, written or
oral, with respect to indemnification of the Indemnitee by the Companies for
Indemnitee’s service to the Companies, provided, however, that this Agreement
shall in no way diminish rights of the Indemnitee that accrued prior to the
date of this Agreement.

16.           Governing Law.
This Agreement shall be governed by and construed and enforced in accordance
with the laws of The Commonwealth of Massachusetts applicable to contracts made
and to be performed in such state without giving effect to the principles of
conflicts of law.

17.           References.
References to statutes, regulations and documents shall be deemed to mean such
statutes, regulations and documents as amended from time to time and any
successor statutes, regulations and documents.

 12

IN WITNESS
WHEREOF, the parties have caused this Agreement to be signed as of the day and
year first above written.

	
  INDEMNITEE

  	
   

  
	
   

  	
   

  
	
  By:

  	
  /s/ Steven M. Black

  	
   

  
	
   

  	
  Name: Steven M. Black

  
	
   

  	
   

  
	
  Address:

  	
  1478 Schoolhouse Way

  
	
   

  	
  San Marlos CA 92130

  
				

 

IN WITNESS WHEREOF, the parties have caused this
Agreement to be signed as of the day and year first above written.

	
  

  	
  LPL HOLDINGS,
  INC.

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Mark S.
  Casady

  	
   

  
	
   

  	
   

  	
  Name: Mark S.
  Casady

  
	
   

  	
   

  	
  Title:

  
					

 

 2
 

IN WITNESS WHEREOF, the parties have caused this
Agreement to be signed as of the day and year first above written.

	
  

  	
  BD INVESTMENT
  HOLDINGS INC.

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Allen R.
  Thorpe

  	
   

  
	
   

  	
   

  	
  Name: Allen R.
  Thorpe

  
	
   

  	
   

  	
  Title:

  
					

 

 3Exhibit 10.1

TRANSPORTATION SERVICE AGREEMENT

Contract Identification FT4760

This Transportation Service Agreement (Agreement) is
entered into by Great Lakes Gas Transmission Limited Partnership (Transporter)
and TRANSCANADA PIPELINES LIMITED(Shipper).

WHEREAS, Shipper has requested Transporter to
transport Gas on its behalf and Transporter represents that it is willing to
transport Gas under the terms and conditions of this Agreement.

NOW, THEREFORE, Transporter and Shipper agree that the
terms below constitute the transportation service to be provided and the rights
and obligations of Shipper and Transporter.

1.                                      EFFECTIVE DATE:  November 30, 2006

2.                                      CONTRACT
IDENTIFICATION: FT4760

3.                                      RATE
SCHEDULE: FT

4.                                      SHIPPER
TYPE: Other

5.                                      STATE/PROVINCE
OF INCORPORATION: Canada

6.                                      TERM: November 01, 2005 to October
31, 2008

7.                                      EFFECT
ON PREVIOUS CONTRACTS:

 

This Agreement
supersedes, cancels and terminates, as of the effective date stated above, the
following contract(s): Service Agreement dated December 01, 2005 with Contract
Identification FT4760.

 

Shipper’s and Transporter’s obligations to each other
arising for periods prior to the effective date stated above, remain in effect
and are not being terminated by any provision of this Agreement.

8.                                      MAXIMUM
DAILY QUANTITY (Dth/Day): 25,000

 

Please see Appendix A for further detail.

9.                                      RATES:

 

Unless Shipper and
Transporter have agreed to a Discounted Rate, pursuant to Section 19.2 of the
General Terms and Conditions, or to a Negotiated Rate, pursuant to Section 4.5
of the Rate Schedule named above, rates shall be Transporter’s maximum rates
and charges plus all applicable surcharges in effect from time to time under
the applicable Rate Schedule (as stated above) on file with the Commission unless
otherwise agreed to by the parties in writing. Provisions governing a
Discounted Rate shall be set forth in this Paragraph 9. Provisions governing a
Negotiated Rate shall be set forth on Appendix B hereto.

 

Contact
ID FT4760

10.                               POINTS
OF RECEIPT AND DELIVERY:

The
primary receipt and delivery points are set forth on Appendix A.

11.                               RELEASED
CAPACITY:

N/A

12.                               INCORPORATION
OF TARIFF INTO AGREEMENT:

This
Agreement shall incorporate and in all respects be subject to the “General
Terms and Conditions” and the applicable Rate Schedule (as stated above) set
forth in Transporter’s FERC Gas Tariff, Second Revised Volume No. 1, as may be
revised from time to time.  Transporter
may file and seek Commission approval under Section 4 of the Natural Gas Act
(NGA) at any time and from time to time to change any rates, charges or
provisions set forth in the applicable Rate Schedule (as stated above) and the “General
Terms and Conditions” in Transporter’s FERC Gas Tariff, Second Revised Volume
No. 1, and Transporter shall have the right to place such changes in effect in
accordance with the NGA, and this Agreement shall be deemed to include such
changes and any such changes which become effective by operation of law and
Commission Order, without prejudice to Shipper’s right to protest the same.

13.                               MISCELLANEOUS:

No
waiver by either party to this Agreement of any one or more defaults by the
other in the  performance of this
Agreement shall operate or be construed as a waiver of any continuing or future
default(s), whether of a like or a different character.

Any
controversy between the parties arising under this Agreement and not resolved
by the parties shall be determined in accordance with the laws of the State of
Michigan.

14.                               OTHER
PROVISIONS:

It is
agreed that no personal liability whatsoever shall attach to, be imposed on or
otherwise be incurred by any Partner, agent, management official or employee of
the Transporter or any director, officer or employee of any of the foregoing,
for any obligation of the Transporter arising under this Agreement or for any
claim based on such obligation and that the sole recourse of Shipper under this
Agreement is limited to assets of the Transporter.

Upon
termination of this Agreement, Shipper’s and Transporter’s obligations to each
other arising under this Agreement, prior to the date of termination, remain in
effect and are not being terminated by any provision of this Agreement.

 2
 

 

	
  15.

  	
   

  	
  NOTICES AND COMMUNICATIONS:

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  All notices and communications with respect to this
  Agreement shall be in writing and sent to the addresses stated below or at
  any other such address(es) as may be designated in writing:

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  ADMINISTRATIVE MATTERS

  	
   

  	
   

  
	
   

  	
   

  	
  Great Lakes Gas Transmission Limited

  	
   

  	
  TRANSCANADA PIPELINES LIMITED

  
	
   

  	
   

  	
  Partnership

  	
   

  	
  450 - 1st Street S.W.

  
	
   

  	
   

  	
  5250 Corporate Drive

  	
   

  	
  Calgary, AB T2P 5H1

  
	
   

  	
   

  	
  Troy, MI 48098

  	
   

  	
  Canada

  
	
   

  	
   

  	
  Attn: Transportation Services

  	
   

  	
  Attn: Steve Pohlod

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  PAYMENT BY ELECTRONIC TRANSFER

  	
   

  	
   

  
	
   

  	
   

  	
  Great Lakes Gas Transmission Limited

  	
   

  	
  TRANSCANADA PIPELINES LIMITED

  
	
   

  	
   

  	
  Partnership

  	
   

  	
  Attn: Adrea Morrical

  
	
   

  	
   

  	
  JPMorgan Chase Bank, Detroit, MI

  	
   

  	
   

  
	
   

  	
   

  	
  ABA No: 072000326

  	
   

  	
   

  
	
   

  	
   

  	
  Account No: 07308-43

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  AGREED
  TO BY:

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  GREAT
  LAKES GAS TRANSMISSION

  	
   

  	
   

  
	
   

  	
   

  	
  LIMITED
  PARTNERSHIP

  	
   

  	
   

  
	
   

  	
   

  	
  By:
  Great Lakes Gas Transmission Company

  	
   

  	
  TRANSCANADA
  PIPELINES LIMITED

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  Operator and Agent for Great Lakes Gas

  	
   

  	
   

  
	
   

  	
   

  	
  Transmission Limited Partnership

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
  /s/ Martin Wilde

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  Martin Wilde

  	
   

  	
  By:

  	
  /s/ Max Feldman

  	
   

  
	
   

  	
   

  	
  Title:

  	
  Director,
  Marketing & Business

  	
   

  	
   

  	
  Signature

  	
   

  
	
   

  	
   

  	
   

  	
  Operations

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
  Max Feldman

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
  Please Print

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Title:

  	
  Senior
  Vice-President Canadian Pipelines

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
  Please Print

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  By:

  	
  /s/ Russell K. Girling

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Signature

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Please Print

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Title:

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Please Print

  
											

 

 3
 

APPENDIX A

Contract
Identification FT4760

Date: November 30, 2006

Supersedes Appendix
Dated: December 01, 2005

Shipper: 
TRANSCANADA PIPELINES LIMITED

Maximum Daily
Quantity (Dth/Day) per Location:

 

	
  Begin Date

  	
   

  	
  End Date

  	
   

  	
  Point(s) of Primary Receipt

  	
   

  	
  Point(s) of Primary Delivery

  	
   

  	
  MDQ

  	
   

  	
  (MAOP)

  	
   

  
	
  11/01/2005

  	
   

  	
  10/31/2008

  	
   

  	
  EMERSON

  	
   

  	
   

  	
   

  	
  25,000

  	
   

  	
  974

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  11/01/2005

  	
   

  	
  10/31/2008

  	
   

  	
   

  	
   

  	
  SAULT STE. MARIE TCPL

  	
   

  	
  25,000

  	
   

  	
  1142

  	
   

  

 

 4

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