Interested Managers. No contract or other transaction between the Company and a Manager, or between the Company and any other Person in which a Manager is a Manager, officer, or director, or has a substantial financial interest, shall be either void or voidable if such contract or transaction is approved by or consented to by the other Manager, or was fair and reasonable to the Company.
Appears in 4 contracts
Samples: Operating Agreement (NewBridge Global Ventures, Inc.), Operating Agreement (NewBridge Global Ventures, Inc.), Operating Agreement (NewBridge Global Ventures, Inc.)
