Fiduciary Duties of Officers. The Officers, in the performance of their duties as such, shall owe to the Company the same fiduciary duties, including the duty of care and duty of loyalty, of the type owed by officers of a Delaware corporation pursuant to the laws of the state of Delaware.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (57th Street General Acquisition Corp), Limited Liability Company Agreement (57th Street General Acquisition Corp)
Fiduciary Duties of Officers. The Officers, in the performance of their duties as such, shall owe to the Company the same fiduciary duties, including the duty of care and duty of loyalty, of the type type, and to the extent, owed by officers of a Delaware corporation pursuant to the laws of the state of Delaware.
Appears in 2 contracts
Samples: Equity Purchase Agreement (Hicks Acquisition CO II, Inc.), Equity Purchase Agreement (Paperweight Development Corp)
Fiduciary Duties of Officers. The OfficersEach Officer, solely in the performance of their duties his or her capacity as suchan Officer, shall owe to the Company and its Members fiduciary duties consistent with the same fiduciary duties, including the duty of care and duty of loyalty, of the type duties owed by officers an officer of a Delaware corporation pursuant to the laws of the state of Delawareunder Delaware law.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Carmike Cinemas Inc)
