Common use of Limited Liability of Directors Clause in Contracts

Limited Liability of Directors. A Director shall not be personally liable to the Corporation or its stockholders for monetary damages for breach of fiduciary duty as a Director, except to the extent such exemption from liability or limitation thereof is not permitted by the DGCL. Neither the amendment nor repeal of this Section 7.01 shall eliminate or reduce the effect of this Section 7.01 in respect of any matter occurring, or any cause of action, suit or claim that, but for this Section 7.01, would accrue or arise, prior to such amendment or repeal.

Limited Liability of Directors. A Director To the fullest extent permitted by law, a director shall not be personally liable have no personal liability to the Corporation or its stockholders for monetary damages shareholders for breach of fiduciary duty as a Director, except to the extent such exemption from liability director. Amendments or limitation thereof is not permitted by the DGCL. Neither the amendment nor repeal repeals of this Section 7.01 Article 7 shall eliminate not adversely affect any right or reduce protection of a director of the effect Corporation for or with respect to any acts or omissions of this Section 7.01 in respect of any matter occurring, or any cause of action, suit or claim that, but for this Section 7.01, would accrue or arise, such director occurring prior to such amendment or repeal.

Limited Liability of Directors. A Director shall not be personally liable No director of the Corporation will have any personal liability to the Corporation or its stockholders for monetary damages for any breach of fiduciary duty as a Directordirector, except to the extent such exemption from liability or limitation thereof is not permitted by under the DGCLDGCL as the same exists or hereafter may be amended. Neither the amendment modification, repeal nor repeal elimination of this Section 7.01 Article VIII shall eliminate effect its application with respect to any act or reduce the effect of this Section 7.01 in respect of any matter occurringomission occurring before such amendment, modification, repeal or any cause of action, suit or claim that, but for this Section 7.01, would accrue or arise, prior to such amendment or repealelimination.