Competing Activities. The Manager may engage or invest in, independently or with others, any business activity of any type or description, including without limitation those that might be the same as or similar to the Company’s business and that might be in direct or indirect competition with the Company. Neither the Company nor any Member shall have any right in or to such other ventures or activities or to the income or proceeds derived therefrom.
Appears in 6 contracts
Samples: Operating Agreement, Operating Agreement (Slingshot USA LLC), Operating Agreement (Slingshot USA LLC)
Competing Activities. The Manager may engage or invest in, independently or with others, any business activity of any type or description, including without limitation those description that might be the same as or similar to the Company’s business and that might be in direct or indirect competition with the Company. Neither the Company nor any Member shall have any right in or to such other ventures or activities or to the income or proceeds derived therefrom.
Appears in 2 contracts
Samples: Limited Liability Company Operating Agreement, Operating Agreement (Netsuite Inc)
