No Exclusive Duty. Each Manager may have other business interests and may engage in other activities in addition to those relating to the LLC. Neither the LLC nor any Member shall have the right to share or participate in such other investments or activities of such Manager based on such Manager's status as a Manager of the LLC. No Manager shall incur any liability to any Member or the LLC as a result of engaging in any other business or venture.
Appears in 4 contracts
Samples: Operating Agreement (O Charleys Inc), Operating Agreement (O Charleys Inc), Operating Agreement (O Charleys Inc)
No Exclusive Duty. Each Manager may have other business interests and may engage in other activities in addition to those relating to the LLCCompany. Neither the LLC Company nor any Member shall have the right to share or participate in such other investments or activities of such Manager based on such Manager's status as a Manager of the LLCCompany. No Manager shall incur any liability to any Member or the LLC Company as a result of engaging in any other business or venture.
Appears in 1 contract
Samples: Operating Agreement (O Charleys Inc)
