Common use of No Exclusive Duty to Company Clause in Contracts

No Exclusive Duty to Company. The directors shall not be required to manage the Company as their sole and exclusive functions and 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 pursuant to this Agreement to share or participate in such other business interests or activities of the directors or to the income or proceeds derived therefrom. The directors shall incur no liability to the Company or any Member as a result of engaging in any other business interests or activities.

No Exclusive Duty to Company. The directors Directors shall not be required to manage the Company as their sole and exclusive functions function, and they a Director may have other business interests and may engage in other activities in addition to those relating to the CompanyCompany (subject to the restrictions of paragraph 12.2 below). Neither the Company nor any Member shall have any right pursuant to right, by virtue of this Agreement Agreement, to share or participate in such other business interests investments or activities of the directors a Director or to in the income or proceeds derived therefrom. The directors If a Director complies with the requirements of paragraph 3.9 hereof, the Director shall incur no liability to the Company or to any Member of the Members as a result of engaging in any such other business interests or activitiesventure.

No Exclusive Duty to Company. The directors shall not be required to manage the Company as their sole and exclusive functions and 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 pursuant to this Agreement to share or participate in such other business interests or activities of the directors or to the income or proceeds derived therefrom. The directors shall incur no liability to the Company or any Member as a result of engaging in any other business interests or activities.

No Exclusive Duty to Company. The directors shall not be required to manage the Company as their sole Directors and exclusive functions and they Shareholders 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 Shareholder shall have any right pursuant to this Agreement to share in or participate in such other business interests or activities of the directors or to the income or proceeds derived therefrom. The directors No Director or Shareholder shall incur no liability to the Company or any Member other Shareholder as a result of engaging in any other business interests or activities.