Common use of No Fiduciary Restriction Clause in Contracts

No Fiduciary Restriction. Notwithstanding anything to the contrary in this Agreement, each of the Company and the Scalar Gauge Signatories acknowledges that the New Director, during the term of the New Director’s service as a director of Company, will not be prohibited from acting in the New Director’s capacity as a director or from complying with the New Director’s fiduciary duties as a director of the Company (including voting on any matter submitted for consideration by the Board, participating in deliberations or discussions of the Board, and making suggestions or raising any issues or recommendations to the Board).

Appears in 1 contract

Samples: Zuora Inc

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No Fiduciary Restriction. Notwithstanding anything to the contrary in this Agreement, each of the Company and the Scalar Gauge Signatories acknowledges each acknowledge that the New DirectorDirectors, during the term of the New Director’s Directors’ service as a director directors of Company, will not be prohibited from acting in the New Director’s Directors’ capacity as a director directors or from complying with the New Director’s Directors’ fiduciary duties as a director directors of the Company (including voting on any matter submitted for consideration by the Board, participating in deliberations or discussions of the Board, and making suggestions or raising any issues or recommendations to the Board).

Appears in 1 contract

Samples: Sumo Logic, Inc.

No Fiduciary Restriction. Notwithstanding anything to the contrary in this Agreement, each of the Company acknowledges and the Scalar Gauge Signatories acknowledges agrees that nothing in this Agreement will prohibit the New DirectorDirectors, during the term of the New Director’s Directors’ service as a director directors of Company, will not be prohibited from acting in the New Director’s Directors’ capacity as a director directors of Company or from complying with the New Director’s Directors’ fiduciary duties as a director directors of the Company (including voting on any matter submitted for consideration by the Board, participating in deliberations or discussions of the Board, and making suggestions or raising any issues or recommendations to the Board).

Appears in 1 contract

Samples: Oportun Financial Corp

No Fiduciary Restriction. Notwithstanding anything to the contrary in this Agreement, each of the Company acknowledges and the Scalar Gauge Signatories acknowledges agrees that nothing in this Agreement will prohibit the New Director, during the term of the New Director’s service as a director of Company, will not be prohibited from acting in the New Director’s capacity as a director of Company or from complying with the New Director’s fiduciary duties as a director of the Company (including voting on any matter submitted for consideration by the Board, participating in deliberations or discussions of the Board, and making suggestions or raising any issues or recommendations to the Board).

Appears in 1 contract

Samples: Cue Health Inc.

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No Fiduciary Restriction. Notwithstanding anything to the contrary in this Agreement, each of the Company and the Scalar Gauge Signatories acknowledges Axxx Xxx Group each acknowledge that the New Director, during the term of the New Director’s service as a director of Company, will not be prohibited from acting in the New Director’s capacity as a director or from complying with the New Director’s fiduciary duties as a director of the Company (including voting on any matter submitted for consideration by the Board, participating in deliberations or discussions of the Board, and making suggestions or raising any issues or recommendations to the Board).

Appears in 1 contract

Samples: Collectors Universe Inc

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