Common use of No Liability for Business Acts or Omissions Clause in Contracts

No Liability for Business Acts or Omissions. The Participant recognizes and agrees that the Board or the officers, agents or employees of the Company in their conduct of the business and affairs of the Company, may cause the Company to act, or to omit to act, in a manner that may, directly or indirectly, affect the amount of or the ability of the Participant to earn the Long-Term Performance Award under this Agreement. No provision of this Agreement shall be interpreted or construed to impose any liability upon the Company, the Board or any officer, agent or employee of the Company for any effect on the Participant’s entitlement under the Long-Term Performance Award that may result, directly or indirectly, from any such action or omission.

Appears in 4 contracts

Samples: Long Term Performance Award Agreement (KAMAN Corp), Long Term Performance Award Agreement (KAMAN Corp), Long Term Performance Award Agreement (KAMAN Corp)

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No Liability for Business Acts or Omissions. The Participant recognizes and agrees that the Board or the officers, agents or employees of the Company Corporation in their conduct of the business and affairs of the CompanyCorporation, may cause the Company Corporation to act, or to omit to act, in a manner that may, directly or indirectly, affect the amount of or the ability of the Participant to earn the Long-Term Performance Award under this Agreement. No provision of this Agreement shall be interpreted or construed to impose any liability upon the CompanyCorporation, the Board or any officer, agent or employee of the Company Corporation for any effect on the Participant’s entitlement under the Long-Term Performance Award that may result, directly or indirectly, from any such action or omission.

Appears in 2 contracts

Samples: Term Performance Award Agreement (Kaman Corp), Term Performance Award Agreement (Kaman Corp)

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No Liability for Business Acts or Omissions. The Participant recognizes and agrees that the Board or the officers, agents or employees of the Company Corporation in their conduct of the business and affairs of the CompanyCorporation, may cause the Company Corporation to act, or to omit to act, in a manner that may, directly or indirectly, affect the amount of or the ability of the Participant to earn the Long-Term Performance Award under this Agreement. No provision of this Agreement shall be interpreted or construed to impose any liability upon the CompanyCorporation, the Board or any officer, agent or employee of the Company Corporation for any effect on the Participant’s 's entitlement under the Long-Term Performance Award that may result, directly or indirectly, from any such action or omission.

Appears in 1 contract

Samples: Term Performance Award Agreement (Kaman Corp)

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