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

No Limitation on Actions of the Stockholder as Director. In the event the Stockholder or any of the Stockholder's affiliates 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 Stockholder or such affiliate to take or in any way limit any action that the Stockholder or such affiliate may take to discharge the Stockholder's or such affiliate's fiduciary duties as a director of the Company.

Appears in 2 contracts

Samples: Voting Agreement (Gundle SLT Environmental Inc), Voting Agreement (Gundle SLT Environmental Inc)

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No Limitation on Actions of the Stockholder as Director. In the ------------------------------------------------------- event the Stockholder or any officer, director, partner or manager of the Stockholder's affiliates Stockholder or any affiliate thereof 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 Stockholder or any such affiliate person to take or in any way limit any action that the Stockholder or such affiliate person may take to discharge the Stockholder's in his or such affiliate's fiduciary duties her capacity as a director of the Company.

Appears in 2 contracts

Samples: Stockholder Agreement (Laboratory Corp of America Holdings), Stockholder Agreement (Laboratory Corp of America Holdings)

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