Common use of No Limitation on Actions of the Shareholder as Director Clause in Contracts

No Limitation on Actions of the Shareholder as Director. In the event the Shareholder is a director of the Company, notwithstanding anything to the contrary in this Agreement, nothing in this Agreement is intended or shall be construed to require the Shareholder to take or in any way limit any action that the Shareholder may take to discharge the Shareholder’s fiduciary duties as a director of the Company.

Appears in 6 contracts

Samples: Agreement and Plan of Merger (North Central Bancshares Inc), Shareholder Agreement (North Central Bancshares Inc), Shareholder Agreement (Farnam Street Partners Lp /Mn)

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