Common use of Directors Have No Exclusive Duty to Company Clause in Contracts

Directors Have No Exclusive Duty to Company. Subject to Section 11.1 and except as may be provided in another agreement between the Company and the Director in question, a Director shall not be required to manage the Company as his or her sole and exclusive function, and a Director may have other business interests and may engage in other activities in addition to those relating to the Company. Neither the Company nor any Member shall have any right by virtue of this Agreement to share or participate in any other interests or activities of any Director or to the income, proceeds or other benefits derived therefrom.

Directors Have No Exclusive Duty to Company. Subject to Section 11.1 and except as may be provided in another agreement between the Company and the A Director in question, a Director shall will not be required to manage the Company as his or her sole and exclusive function, and a Director he may have other business interests and may engage in other activities in addition to those relating to the Company. Neither the Company Company, the Member, nor any Member shall other Director will have any right right, by virtue of this Agreement Agreement, to share or participate in any such other interests investments or activities of any the Director or to in the income, income or proceeds or other benefits derived therefrom.

Directors Have No Exclusive Duty to Company. Subject to Section 11.1 and except as may be provided in another agreement between the Company and the Director in question, a Director The Directors shall not be required to manage the Company as his or her their sole and exclusive function, and a Director and, subject to Section 5.10 of this Agreement, the Directors may have other business interests and may engage in other activities in addition to those relating to the Company. Neither the Company nor any Member shall have any right right, by virtue of this Agreement Agreement, to share or participate in any such other interests investments or activities of any Director the Directors or to the income, income or proceeds or other benefits derived therefrom.

Directors Have No Exclusive Duty to Company. Subject to Section 11.1 and except as may be provided in another agreement between the Company and the Director in question, a Director The Directors shall not be required to manage the Company as his or her their sole and exclusive function, and a Director and, subject to Section 5.9 of this Agreement, the Directors may have other business interests and may engage in other activities in addition to those relating to the Company. Neither the Company nor any Member Shareholder shall have any right right, by virtue of this Agreement Agreement, to share or participate in any such other interests investments or activities of any Director the Directors or to the income, income or proceeds or other benefits derived therefrom.

Directors Have No Exclusive Duty to Company. Subject to Section 11.1 and except as may be provided in another agreement between the Company and the Director in question, a Director The Directors shall not be required to manage the Company as his or her their sole and exclusive function, function and a Director they may have other business interests and may engage in other activities in addition to those relating to the Company. Neither the Company nor any Member shall have any right right, by virtue of this Agreement Agreement, to share or participate in any such other interests investments or activities of any Director the Directors or to the income, income or proceeds derived from such investments or activities. The Directors shall incur no liability to the Company or to any of the Members as a result of engaging in any other benefits derived therefrombusiness or venture.

Directors Have No Exclusive Duty to Company. Subject to Section 11.1 and except as may be provided Notwithstanding any duty existing at law or in another agreement between equity (including any fiduciary duties), the Company and the Director in question, a Director Directors shall not be required to manage the Company as his or her their sole and exclusive function, and a Director and, subject to Section 5.10 of this Agreement, the Directors may have other business interests and may engage in other activities in addition to those relating to the Company. Neither the Company nor any Member shall have any right right, by virtue of this Agreement Agreement, to share or participate in any such other interests investments or activities of any Director the Directors or to the income, income or proceeds or other benefits derived therefrom.

Directors Have No Exclusive Duty to Company. Subject to Section 11.1 and except as may be provided in another agreement between the Company and the Director in question, a Director The Directors shall not be required to manage the Company as his or her their sole and exclusive function, and a Director and, subject to Section 7.8, the Directors may have other business interests and may engage in other activities in addition to those relating to the Company. Neither the Company nor any Member shall have any right right, by virtue of this Agreement Operating Agreement, to share or participate in any such other interests investments or activities of any Director the Directors or to the income, income or proceeds or other benefits derived therefrom.

Directors Have No Exclusive Duty to Company. Subject to Section 11.1 and except as may be provided in another agreement between the Company and the Director in question, a Director The Directors shall not be required to manage the Company as his or her their sole and exclusive function, and a Director the Directors may have other business interests and may engage in other activities in addition to those relating to the Company. Neither the Company nor any Member shall have any right right, by virtue of this Operating Agreement or otherwise, to share or participate in any such other interests investments or activities of any Director the Directors or to the income, income or proceeds or other benefits derived therefrom.

Directors Have No Exclusive Duty to Company. Subject to Section 11.1 and except Except only as may be provided in another agreement between the Company and the Director in question, a Director shall not be required to manage the Company as his or her sole and exclusive function, and a Director may have other business interests and may engage in other activities in addition to those relating to the Company. Neither the Company nor any Member shall have any right right, by virtue of this Agreement Agreement, to share or participate in any other interests or activities of any Director of the Directors or to the income, proceeds or other benefits derived therefrom.