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, subject to the fiduciary duties of a Manager set forth in this Agreement, a Manager may have other business interests and may engage in other activities in addition to those relating to the Company; provided, however, that this Section 6.7 is not intended to and shall not be construed as waiving, amending, modifying or altering any of the terms or conditions of any other agreement between any Manager and the Company which may prohibit, restrict or otherwise limit any interests or activities of the Manager.
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Samples: Agreement and Plan of Merger (Blackhawk Biofuels, LLC), Limited Liability Company Agreement (Blackhawk Biofuels, LLC), Agreement and Plan of Merger (Blackhawk Biofuels, LLC)
Managers Have No Exclusive Duty to Company. A Unless otherwise expressly provided hereunder or under any other agreement entered into between the Company and such Manager, a Manager shall not be required to manage the Company as his or her sole and exclusive function, and, subject to the fiduciary duties of a Manager set forth in this Agreement, a Manager and he may have other business interests and may engage in other activities in addition to those relating to the Company; provided, however, that this Section 6.7 is not intended to and shall not be construed as waiving, amending, modifying or altering any of the terms or conditions of any other agreement between any Manager and neither the Company which may prohibitnor any Member shall have any right, restrict by virtue of this Agreement, to share or otherwise limit any interests participate in such other investments or activities of such Manager or to the Managerincome or proceeds derived therefrom.
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Samples: Operating Agreement (Tempus Applied Solutions Holdings, Inc.)
Managers Have No Exclusive Duty to Company. A Unless otherwise agreed by a separate written contract with the Company or unless required by the Manager's fiduciary duty to the Company or the Members, a Manager shall not be required to manage the Company as his or her sole and exclusive function, and, subject to the fiduciary duties of a Manager set forth in this Agreement, function and a Manager may have other business business, interests and may engage in other activities in addition to those relating to the Company; provided, however, that this Section 6.7 is not intended to and shall not be construed as waiving, amending, modifying or altering any of the terms or conditions of any other agreement between any Manager and . Neither the Company which may prohibitnor any Member shall have any right, restrict by virtue of this Agreement, to share or otherwise limit any interests participate in such other investments or activities of the ManagerManager or to the income or proceeds derived therefrom.
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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, subject to the fiduciary duties of a Manager set forth in this Agreement, a Manager function and they may have other business interests and may engage in other activities in addition to those relating to the Company; provided, however, that this Section 6.7 is not intended to and shall not be construed as waiving, amending, modifying or altering any of the terms or conditions of any other agreement between any Manager and the Company which may prohibit, restrict or otherwise limit any interests or activities of the Manager.
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Samples: Limited Liability Company Operating Agreement (DCH Technology Inc)
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, subject to the fiduciary duties of a Manager set forth in this Agreement, a Manager . The Managers may have other business interests and may engage in other activities in addition to those relating to the Company; provided. 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, howeverby virtue of this Agreement, that this Section 6.7 is not intended to and shall not be construed as waiving, amending, modifying share or altering any participate in such other activities of a Manager or of the terms Sole Member or conditions of any other agreement between any Manager and to the Company which may prohibit, restrict income or otherwise limit any interests or activities of the Managerproceeds derived therefrom.
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