Independent Non-Competitive Activities. A Manager is only required to devote the time to the affairs of the Company as are necessary to govern the business and affairs of the Company in accordance with this Agreement, and shall be free to serve any other Business Entity or enterprise in any capacity that the Manager deems appropriate in his or her discretion, provided that the other Business Entity or enterprise or one of their Affiliates is not a competitor of the Company or one of the Company’s Affiliates as determined by the Board.
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Samples: Operating Agreement (Bootheel Agri-Energy LLC), Limited Liability Company Agreement (Ozark Ethanol LLC), Limited Liability Company Agreement (Blackhawk Biofuels, LLC)
Independent Non-Competitive Activities. A Manager is only required to devote the time to the affairs of the Company as are is necessary to govern the business and affairs of the Company in accordance with this Agreement, and shall be free to serve any other Business Entity or enterprise in any capacity that the Manager deems appropriate in his or her discretion, provided that the other Business Entity or enterprise or one of their its Affiliates is not a competitor of the Company or one of the Company’s Affiliates as determined by the Board. The business and —activities of FREMAR and its Affiliates shall not be considered a competitor of the Company or one of the Company’s Affiliates.
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