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Section 4. Unplanned or Long Term (in excess of three (3) months) Absence of Chief Executive Officer. The Operating Board President shall appoint the Chief Operating Officer or another senior manager to assume the responsibilities of the Chief Executive Officer until the next Operating Board meeting, at which time an interim Chief Executive Officer will be formally appointed. If necessary, the Board shall form a committee with the responsibility of, and the resources for transitional planning, identifying qualified candidates , and conducting a formal search. Article VIII Miscellaneous Section L Sureties and Bonds. In case the Board of Directors shall so require, any officer or agent of Hibiscus shall execute to Hibiscus a bond in such sum and with such surety or sureties as the Board of Directors may direct, conditioned upon the faithful performance of his or her duties to Hibiscus and including responsibility for the negligence and for the accounting for all property, funds, or securities of Hibiscus which may come into the officer' s or agent ' s hands . Section 2. Fiscal Year. The fiscal year of Hibiscus shall be fixed by the Board of Directors from time to time, subject to applicable law. Section 3. Indemnification. 3. 1 To the extent permitted by law, Hibiscus shall indemnify any person, made a party to an action, other than one by or in the right of Hibiscus to procure judgment in its favor, by reason of the fact that he or she is or was a Director or officer of Hibiscus, against the reasonable expenses , including attorneys ' fees, actually and necessarily incurred by him or her in connection wfth the defense of such action, or in connection with an . appeal therein, except in relation to matters as to which such Director or officer is adjudged to have breached his or her duty to Hibiscus under Chapter 617 of the Florida Not-For-Profit Corporation Law. 3. 2 To the extent permitted by law, Hibiscus shall indemnify any person, made or threatened to be made, a party to an action or proceeding other than one by or in the right of Hibiscus to procure judgment in its favor, whether civil or criminal, including an action by or in the right of any Hibiscus of any type or kind, domestic or foreign, or any partnership, joint venture, trust, employee benefit plan, or other enterprise, which any Director or officer of Hibiscus served in any capacity at the request of Hibiscus , by reason of the fact that he or she, his or her testator, or personal representative was a Director or officer of Hibiscus, or served such other corporation, partnership, joint venture, trust, employee benefit Date of Approval by Committee: March 27, 2002 Date of Approval by Board. April 24, 2002