Common use of No Exclusive Duty to Company Clause in Contracts

No Exclusive Duty to Company. Each Director shall not be required to serve on the Board of Directors as his or her sole and exclusive function and may have other business interests and may engage in other activities in addition to those relating to the Company. The Member acknowledges that each Director may pursue such other business opportunities for their respective benefit regardless of whether they have learned of such opportunity in the course of the Company’s business. 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 or to the income or proceeds derived therefrom. Each Director shall not incur any liability to the Company or any Member as a result of engaging in any other business interests or activities.

No Exclusive Duty to Company. Each Director The directors shall not be required to serve on manage the Board of Directors Company as his or her their sole and exclusive function functions and they may have other business interests and may engage in other activities in addition to those relating to the Company. The Member acknowledges that each Director may pursue such other business opportunities for their respective benefit regardless of whether they have learned of such opportunity in the course of the Company’s business. 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 or to the income or proceeds derived therefrom. Each Director The directors shall not incur any 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. Each Director The directors shall not be required to serve on manage the Board of Directors Company as his or her their sole and exclusive function functions and they may have other business interests and may engage in other activities in addition to those relating to the Company. The Member acknowledges that each Director may pursue such other business opportunities for their respective benefit regardless of whether they have learned of such opportunity in the course of the Company’s business. 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. Each Director The directors shall not incur any 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. Each Director shall not be required to serve on the Board of The Directors as his or her sole and exclusive function and Shareholders may have other business interests and may engage in other activities in addition to those relating to the Company. The Member acknowledges that each Director may pursue such other business opportunities for their respective benefit regardless of whether they have learned of such opportunity in the course of the Company’s business. 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 or to the income or proceeds derived therefrom. Each No Director or Shareholder shall not incur any liability to the Company or any Member other Shareholder as a result of engaging in any other business interests or activities.

No Exclusive Duty to Company. Each Director Directors shall not be required to serve on manage the Board of Directors Company as his or her their sole and exclusive function function, and a Director may have other business interests and may engage in other activities in addition to those relating to the Company. The Member acknowledges that each Director may pursue such other business opportunities for their respective benefit regardless Company (subject to the restrictions of whether they have learned of such opportunity in the course of the Company’s businessparagraph 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 a Director or to in the income or proceeds derived therefrom. Each If a Director complies with the requirements of paragraph 3.9 hereof, the Director shall not incur any 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.