Competition with the Company. The Member shall refrain from dealing with the Company in the conduct of the Company's business as or on behalf of a party having an interest adverse to the Company. The Member shall refrain from competing with the Company in the conduct of the Company's business.
Appears in 4 contracts
Samples: Limited Liability Company Agreement, Limited Liability Company Agreement, Operating Agreement
Competition with the Company. The Member Members shall refrain from dealing with the Company in the conduct of the Company's business as or on behalf of a party having an interest adverse to the CompanyCompany unless a majority, by individual vote, of the Members excluding the interested Member, consents thereto. The Member Members shall refrain from competing with the Company in the conduct of the Company's businessbusiness unless a majority, by individual vote, of the Members excluding the interested Member, consents thereto. In the event that a Member is the sole Member of the Company, no vote shall be required.
Appears in 2 contracts
Samples: Limited Liability Company Agreement, Limited Liability Company Agreement
