Common use of Limitation of Personal Liability Clause in Contracts

Limitation of Personal Liability. No director or officer of the Corporation shall be personally liable to the Corporation or its stockholders for damages for breach of fiduciary duty as a director or officer; PROVIDED, HOWEVER, that the foregoing provision does not eliminate or limit the liability of a director or officer of the Corporation for:

Appears in 6 contracts

Samples: Distribution Agreement (LTC Properties Inc), Form of Distribution Agreement (LTC Healthcare Inc), Distribution Agreement (LTC Properties Inc)

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Limitation of Personal Liability. No director or officer of -------------------------------- the Corporation corporation shall be personally liable to the Corporation corporation or its stockholders for damages for breach of fiduciary duty as a director or officer; PROVIDEDprovided, HOWEVERhowever, that the foregoing provision does not eliminate or limit the liability of a director or officer of the Corporation corporation for:

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (Applied Materials Inc /De)

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Limitation of Personal Liability. No director or officer of the Corporation corporation shall be personally liable to the Corporation corporation or its stockholders for damages for breach of fiduciary duty as a director or officer; PROVIDEDprovided, HOWEVERhowever, that the foregoing provision does not eliminate or limit the liability of a director or officer of the Corporation corporation for:

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (Etec Systems Inc)

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