Common use of Fiduciary Duties of the Board of Directors Clause in Contracts

Fiduciary Duties of the Board of Directors. Nothing contained herein shall be construed to suggest or imply that the Board of Directors shall not be entitled to recommend that the Corporation’s shareholders reject or accept any Take-over Bid or take any other action including the commencement, prosecution, defense or settlement of any litigation and the solicitation of additional or alternative Take-over Bids or other proposals to shareholders that the Board of Directors believes are necessary or appropriate in the exercise of their fiduciary duties.

Fiduciary Duties of the Board of Directors. Nothing contained herein shall be construed to suggest or imply that the Board of Directors shall not be entitled to recommend that the Corporation’s shareholders reject or accept any Take-Take- over Bid or take any other action including the commencement, prosecution, defense or settlement of any litigation and the solicitation of additional or alternative Take-over Bids or other proposals to shareholders that the Board of Directors believes are necessary or appropriate in the exercise of their fiduciary duties.

Fiduciary Duties of the Board of Directors. Nothing contained herein shall be construed to suggest or imply that the Board of Directors shall not be entitled to recommend that shareholders of the Corporation’s shareholders Company reject or accept any Take-over Bid or take any other action including the commencement, prosecution, defense defence or settlement of any litigation and the solicitation of additional or alternative Take-over Bids or other proposals to the shareholders of the Company that the Board of Directors believes believe are necessary or appropriate in the exercise of their fiduciary duties.