Common use of Action as Director Clause in Contracts

Action as Director. No party hereto who is or may become a director of the Company either agrees or implies that he will exercise his actions as a director in any manner other than in accordance with his considered judgment at such time with respect to the best interests of the Company and all of its stockholders.

Appears in 4 contracts

Samples: Stockholders Agreement (Cempra Holdings, LLC), Stockholders Agreement (Optimer Pharmaceuticals Inc), Stockholders Agreement (Optimer Pharmaceuticals Inc)

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Action as Director. No party hereto who is or may become a director of the Company either agrees or implies that he will exercise his actions authority as a director in any manner other than in accordance with his considered judgment at such time with respect to the best interests of the Company and all of its stockholdersCompany.

Appears in 1 contract

Samples: Warrant Purchase Agreement (Ascent Pediatrics Inc)

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Action as Director. No party hereto who is or may become a director of the Company company either agrees or implies that he will exercise his actions as a director in any manner other than in accordance with his considered judgment at such time with respect to the best interests of the Company and all of its stockholders.

Appears in 1 contract

Samples: Stockholders' Agreement (Regeneration Technologies Inc)

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