Common use of Non-Liability of Trustees, Etc Clause in Contracts

Non-Liability of Trustees, Etc. No Trustee, officer, employee or agent of the Trust or any Series thereof shall be liable to the Trust, its Shareholders, or to any Shareholder, Trustee, officer, employee, or agent thereof for any action or failure to act (including without limitation the failure to compel in any way any former or acting Trustee to redress any breach of trust) except for his own bad faith, willful misfeasance, gross negligence or reckless disregard of the duties involved in the conduct of his office.

Appears in 11 contracts

Samples: Agreement and Declaration of Trust (John Hancock Exchange-Traded Fund Trust), Trust Agreement (John Hancock Exchange-Traded Fund Trust), Agreement and Declaration of Trust (John Hancock Funds III)

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