Common use of Interested Directors and Officers Clause in Contracts

Interested Directors and Officers. (a) No contract or transaction between the corporation and one or more of its directors or officers, or between the corporation and any other corporation, partnership, association, or other organization in which one or more of the corporation’s directors or officers are directors or officers, or have a financial interest, shall be void or voidable solely for this reason, or solely because the director or officer is present at or participates in the meeting of the board or committee thereof which authorizes the contract or transaction, or solely because his or their votes are counted for such purpose, if:

Interested Directors and Officers. (a) No contract or transaction between the corporation and one or more of its directors or officers, or between the corporation and any other corporation, partnership, association, or other organization in which one or more of the corporation’s 's directors or officers are directors or officers, or have a financial interest, shall be void or voidable solely for this reason, or solely because the director or officer is present at or participates in the meeting of the board or committee thereof which authorizes the contract or transaction, or solely because his or their votes are counted for such purpose, if:

Interested Directors and Officers. (a) No contract or transaction between the corporation and one or more of its directors or officers, or between the corporation and any other corporation, partnership, association, or other organization in which one or more of the corporation’s corporations, directors or officers are directors or officers, or have a financial interest, shall be void or voidable solely for this reason, or solely because the director or officer is present at or participates in the meeting of the board or committee thereof which authorizes the contract or transaction, or solely because his or their votes are counted for such purpose, if:

Interested Directors and Officers. (a) No contract or transaction between the corporation and one or more of its directors or officers, or between the corporation and any other corporation, partnership, association, or other organization in which one or more of the corporation’s 's directors or officers are directors or officers, or have a financial interest, shall be void or voidable solely for this reason, or solely because the director or officer is present at or participates in the meeting of the board or committee thereof which authorizes the contract or transaction, or solely because his or their votes are counted for such purpose, ifif any one of the following is true:

Interested Directors and Officers. (a) No contract or transaction between the corporation and one or more of its directors or officers, or between the corporation and any other corporation, partnership, association, or other organization in which one or more of the corporation’s 's directors or officers are directors or officers, or have a financial interest, shall be void or voidable solely for this reason, or solely because the director or officer is present at or participates in the meeting of the board or committee thereof which authorizes the contract or transaction, or solely because his his, her or their votes are counted for such purpose, if:

Interested Directors and Officers. (a) No contract or transaction between the corporation Company and one or more of its directors Managers or officers, or between the corporation Company and any other corporation, partnership, association, or other organization in which one or more of the corporation’s directors Managers or officers of the Company are directors or officers, or have a financial interest, shall be void or voidable solely for this reason, or solely because the director Manager or officer is present at or participates in the meeting of the board or committee thereof Board which authorizes the contract or transaction, or solely because his or their votes are counted for such purpose, if:

Interested Directors and Officers. (a) No contract or transaction between the corporation Corporation and one or more of its directors or officers, or between the corporation and any other corporation, partnershipfirm, association, partnership or other organization entity in which one or more of the corporation’s its directors of officers are directors or officers or are financially interested shall be either void or voidable solely because of such relationship or interest or solely because such directors or officers are directors or officers, or have a financial interest, shall be void or voidable solely for this reason, or solely because the director or officer is present at or participates in the meeting of the board of directors or a committee thereof which authorizes the authorizes, approves, or ratifies such contract or transaction, transaction or solely because his or their votes are counted for such purpose, purposes if:

Interested Directors and Officers. (a) SECTION 1. No contract or transaction between the corporation and one or more of its directors or officers, or between the corporation and any other corporation, partnership, association, or other organization in which one or more of the corporation’s its directors or officers are directors or officers, or have a financial interest, shall be void or voidable solely for this reason, or solely because the director or officer is present at or participates in the meeting of the board of directors or a committee thereof which authorizes authorized the contract or transaction, or solely because his or their votes are counted for such purpose, if:

Interested Directors and Officers. (a) No contract or transaction between the corporation Corporation and one or more of its directors or officers, or between the corporation Corporation and any other corporation, partnership, association, or other organization in which one or more of the corporation’s directors or officers of the Corporation are directors or officers, or have a financial interest, shall be void or voidable solely for this reason, or solely because the director or officer is present at or participates in the meeting of the board or committee thereof which authorizes the contract or transaction, or solely because his or their votes are counted for such purpose, if: