11. Indemnification

To the extent that BAYS has the power to indemnify any director or officer pursuant to Section 6 of Chapter 180 of the General Laws of the Commonwealth of Massachusetts, as the same may be amended from time to time, such persons or persons shall be fully indemnified (“Indemnified Persons”), but only in accordance with and in compliance with the provisions and requirements of said section. The foregoing right of indemnification shall not be exclusive of other rights to which any Indemnified Person may be entitled.  BAYS’ obligation to provide indemnification under these bylaws shall be offset to the extent of any other source of indemnification or any otherwise applicable insurance coverage maintained by BAYS or any other person.