Action Taken in Good Faith. No member of the Board of Directors, nor any officer or employee of the Company acting on behalf of the Board, shall be personally liable for any action, determination or interpretation taken or made in good faith with respect to this Agreement.
Appears in 8 contracts
Samples: Stock Option Agreement (Reconditioned Systems Inc), Stock Option Agreement (Reconditioned Systems Inc), Stock Option Agreement (Reconditioned Systems Inc)
Action Taken in Good Faith. No member of the Board of DirectorsBoard, nor any officer or employee of the Company acting on behalf of the Board, shall be personally liable for any action, determination or interpretation taken or made in good faith with respect to this Agreement.
Appears in 4 contracts
Samples: Independent Contractor Agreement (Vital Living Inc), Independent Contractor Agreement (Vital Living Inc), Independent Contractor Agreement (Vital Living Inc)
Action Taken in Good Faith. No member of the Board of Directors, nor any officer or employee of the Company VL acting on behalf of the Board, shall be personally liable for any action, determination or interpretation taken or made in good faith with respect to this Agreement.
Appears in 2 contracts
Samples: Distribution Agreement (Vital Living Inc), Development and Distribution Agreement (Vital Living Inc)
Action Taken in Good Faith. No member of the Board of DirectorsBoard, nor any officer or employee of the Company acting on behalf of the Board, shall Board will be personally liable for any action, determination or interpretation taken or made in good faith with respect to this Agreement.
Appears in 1 contract
Samples: Incentive Stock Option Agreement (VCS Technologies Inc)
Action Taken in Good Faith. No member of the Board of Directors, Directors nor any officer or employee of the Company Corporation acting on behalf of the BoardBoard of Directors, shall be personally liable for any action, determination or interpretation taken or made in good faith with respect to this Agreement.
Appears in 1 contract
Samples: Nonstatutory Stock Option Agreement (Adflex Solutions Inc)