Liability of Officers. No person who is an officer of the Company shall be personally liable under any judgment of a court, or in any other manner, for any debt, obligation, or liability of the Company, whether that liability or obligation arises in contract, tort, or otherwise, solely by reason of being an officer of the Company.
Appears in 12 contracts
Samples: Operating Agreement (Growblox Sciences, Inc.), Operating Agreement (MacroShares $100 Oil Down Trust), Operating Agreement (MacroShares $100 Oil Up Trust)
Liability of Officers. No person who is an officer of the Company LLC shall be personally liable under any judgment of a court, or in any other manner, for any debt, obligation, obligation or liability of the CompanyLLC, whether that liability or obligation arises in contract, tort, tort or otherwise, solely by reason of being an officer of the CompanyLLC.
Appears in 1 contract
Samples: Operating Agreement
