Director’s Obligations. Art. 7. Director will be bound to perform the following main duties, together with the other members of the Board of Directors:
Director’s Obligations. The Director shall promptly advise the Corporation in writing of the institution of any Action which is or may be subject to this Agreement and keep the Corporation generally informed of and consult with the Corporation with respect to, the status and defense of any such Action.
Director’s Obligations a. Director will not sell, assign, convey, pledge or otherwise transfer any Compensation to any person other than the Funds without the Funds' prior written consent. At the request of the Funds and for the account of the Funds, Director will enforce any of his rights under any Award or under any agreement evidencing Compensation or Director's right thereto. Without the Funds' prior written consent, Director will not terminate, modify, amend, renew or waive any right under any Award or any agreement evidencing Compensation or Director's right thereto.
Director’s Obligations. 5.3.1 The Director, along with the other members of the Board of Directors, has the following main obligations:
Director’s Obligations. Following the receipt of Protected Information obtained by Director from the Company or another source, the Director shall (a) not disclose Protected Information, directly or indirectly, to any third person without the express written consent of the Company, (b) hold and maintain Protected Information in trust and confidence for the benefit of the Company, (c) not copy, transmit, reproduce, summarize, quote or make any commercial or other use of any Protected Information, except for the benefit of the Company, (d) disclose Protected Information to its employees only on a need to know basis, and (e) inform all persons having access to Protected Information of the confidential nature thereof and of the Director's obligations hereunder, and shall take reasonable security precautions and such other actions as may be necessary to insure that there is no use or disclosure of Protected Information in violation of this Agreement. All confidential and non-use obligations contained in this Section 2 shall expire only at such time as the relevant Protected Information ceases to be Protected Information through no fault of Director.
Director’s Obligations. Article 7. Director shall, together with the other members of the Board of Directors, perform the following main duties:
Director’s Obligations. The Director must:
Director’s Obligations. (a) The Director must not waive any privilege of a Group Company nor do or omit to do anything that will cause that privilege to be waived or lost, without the prior written consent of the Company.
Director’s Obligations. 4.1 The Director will carry out his/her mandate with the prudence and diligence of a good director, namely he/she will make sure that, when making a business decision/ he/she is reasonable entitled to believe that he/she acts in the Company’s interest and based on adequare information. A business decision is any decision to take or not to take certain measures related to the Company’s management.
Director’s Obligations. The Race Director will complete this signed Agreement and the Race Calendar Inclusion Form (Appendix 1) and will submit it, along with a $200 sanctioning fee to the MRA by December 31, 2018 for the event to be sanctioned by the MRA for 2019.
