Business of Shareholders. Except as otherwise specifically provided herein, any of the Shareholders and any shareholder, officer, director, employee or other Person holding a legal or beneficial interest in an entity that is a Shareholder, may engage in or possess an interest in business ventures of every nature and description, independently or with others, and the pursuit of such ventures, even if competitive with the affairs of the Trust, shall not be deemed wrongful or improper.
Appears in 11 contracts
Samples: Trust Agreement (Fidelity Ethereum Fund), Declaration of Trust and Trust Agreement (Grayscale Ethereum Trust (ETH)), Trust Agreement (21Shares Core Ethereum ETF)
Business of Shareholders. Except as otherwise specifically provided herein, any of the Shareholders and any shareholder, officer, director, employee or other Person holding a legal or beneficial interest in an entity that is a Shareholder, may engage in or possess an interest in business ventures of every nature and description, independently or with others, and the pursuit of such ventures, even if competitive with adverse to the affairs interests of the Trust, shall not be deemed wrongful or improper.
Appears in 1 contract
Business of Shareholders. Except as otherwise specifically provided herein, any of the Shareholders and any shareholder, officer, director, employee or other Person holding a legal or beneficial interest in an entity that is a Shareholder, may engage in or possess an interest in business ventures of every nature and description, independently or with others, and the pursuit of such ventures, even if competitive with the affairs of the TrustFund, shall not be deemed wrongful or improper.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Grayscale Digital Large Cap Fund LLC)
