Common use of Managers Have No Exclusive Duty to Company Clause in Contracts

Managers Have No Exclusive Duty to Company. A Manager shall not be required to manage the Company as his or her sole and exclusive function and he or she may have other business interests and engage in activities in addition to those relating to the Company. Neither the Company nor any Member shall have any right, by virtue of this Operating Agreement, to share or participate in such other investments or activities of the Manager or to the income or proceeds derived therefrom.

Managers Have No Exclusive Duty to Company. A Manager shall not be required to manage the Company as his or her the Manager's sole and exclusive function and he or she the Manager may have other business interests and engage in activities in addition to those relating to the Company. Neither the Company nor any Member shall have any right, by virtue of this Operating Agreement, to share or participate in such other investments or activities of the Manager or to the income or proceeds derived therefrom.

Managers Have No Exclusive Duty to Company. A Manager shall not be required to manage the Company as his or her sole and exclusive function and he or she may have other business interests and may engage in other activities in addition to those relating to the Company. Neither the Company nor any Member shall have any right, by virtue of this Operating Agreement, to share or participate in such other investments or activities of the Manager or to the income or proceeds derived therefrom. The Manager shall incur no liability to the Company or to any of the Members as a result of engaging in any other business or venture.

Managers Have No Exclusive Duty to Company. A Manager shall not be required to manage the Company as his or his/her sole and exclusive function and he or she may have other business interests and may engage in other activities in addition to those relating to the Company. Neither the Company nor any Member shall have any right, by virtue of this Operating Agreement, to share or participate in such other investments or activities of the Manager or to the income or proceeds derived therefrom.

Managers Have No Exclusive Duty to Company. A Manager shall not be required to manage the Company as his or her sole and exclusive function and he or she may have other business interests and engage in activities in addition to those relating to the Company. Neither the Company nor any Member shall have any right, by virtue of this Operating Agreement, to share or participate in such other investments or activities of the Manager or to the income or proceeds derived therefrom.therefrom.‌

Managers Have No Exclusive Duty to Company. A Manager shall not be required to manage the Company as his or her sole and exclusive function and he (or she any Manager) may have other business interests and may engage in other activities in addition to those relating to the Company. Neither the Company nor any Member shall have any right, by virtue of this Operating Agreement, to share or participate in such other investments or activities of the a Manager or to the income or proceeds derived therefrom.derived

Managers Have No Exclusive Duty to Company. A Manager shall not be required to manage the Company as his his, her or her its sole and exclusive function and he or she function. The Managers may have other business interests and may engage in other activities in addition to those relating to the Company. Neither the Company nor the Sole Member or any Person who is directly or indirectly affiliated with or related to the Company or the Sole Member shall have any right, by virtue of this Operating Agreement, to share or participate in such other investments or activities of a Manager or of the Manager Sole Member or to the income or proceeds derived therefrom.

Managers Have No Exclusive Duty to Company. A No Manager shall not be is required to manage the Company as his his, her or her its sole and exclusive function and he or she may have other business interests and engage in other activities in addition to those relating to the Company. Neither , provided such functions and business interests do not compete with the Company nor any Member shall have any right, by virtue of this Operating Agreement, to share or participate in such other investments or activities violation of the Manager or to the income or proceeds derived therefromnon-compete covenant provided in Section 4.6.

Managers Have No Exclusive Duty to Company. A Manager shall not be required to manage the Company as his or her sole and exclusive function and he or she may have other business interests and may engage in other activities in addition to those relating to the Company. Neither the Company Company, a Member nor any Member other Manager shall have any right, by virtue of this Operating Agreement, to share or participate in such other investments or activities of the Manager or to in the income or proceeds derived therefrom. Managers shall receive no compensation for their services as Managers.

Managers Have No Exclusive Duty to Company. A No Manager shall not be required to manage the Company as his or her sole and exclusive function and he or she may have other business interests and engage in activities in addition to those relating to the Company. Neither the Company Company, the Members, nor any Member other Manager shall have any right, by virtue of this Operating Agreement, to share or participate in such other investments or activities of the Manager or to in the income or proceeds derived therefrom.

Managers Have No Exclusive Duty to Company. A Manager The Managers shall not be required to manage the Company as his or her their sole and exclusive function and he or she they may have other business interests and may engage in other activities in addition to those relating to the Company. Neither the Company nor any Member shall have any right, by virtue of this Operating Agreement, to share or participate in such other investments or activities of the Manager Managers or to the income or proceeds derived therefrom.

Managers Have No Exclusive Duty to Company. A Manager shall not be required to manage the Company as his or her sole and exclusive function and he or she may have other business interests and may engage in other activities in addition to those relating to the Company. Neither the Company Company, a Member nor any Member other Manager shall have any right, by virtue of this Operating Agreement, to share or participate in such other investments or activities of the Manager or to in the income or proceeds derived therefrom.

Managers Have No Exclusive Duty to Company. A Except for those on the Management Team (excluding Xxxxxxx X. Xxxxxx), a Manager shall not be required to manage the Company as his or her sole and exclusive function and he or she may have other business interests and engage in activities in addition to those relating to the Company. Neither the Company nor any Member shall have any right, by virtue of this Operating Agreement, to share or participate in such other investments or activities of the Manager Managers or to the income or proceeds derived therefrom.

Managers Have No Exclusive Duty to Company. A Manager The Managers shall not be required to manage the Company as his or her their sole and exclusive function function, and he or she they may have other business interests and engage in activities in addition to those relating to the Company. Neither the Company nor any Member shall have any right, by virtue of this Operating Agreement, to share or participate in such other investments or activities of the a Manager or to the income or proceeds derived therefrom.