Other Activities of the Holders. Fiduciary Duties. It is understood and accepted that the Holders and their Affiliates have interests in other business ventures which may be in conflict with the activities of the Company and its Subsidiaries and that, subject to applicable law, nothing in this Stockholders Agreement shall limit the current or future business activities of the Holders whether or not such activities are competitive with those of the Company and its Subsidiaries. Nothing in this Agreement, express or implied, shall relieve any officer or director of the Company or any of its Subsidiaries, or any Holder, of any fiduciary or other duties or obligations they may have to the Company's stockholders.
Other Activities of the Holders of the Class A Voting Common Units and Managers. The Board of Managers and holders of the Class A Voting Common Units will continue to engage in complementary activities that do not compete with the Company’s Business, including without limitation, the Jet Charter Operations. Other than their interest in the Company, Members will have no interest in any entities or ventures formed or developed by the holders of the Class A Voting Common Units.
Other Activities of the Holders. FIDUCIARY DUTIES. It is understood and accepted that the Holders and their Affiliates have interests in other business ventures which may be in conflict with the activities of the Company and its Subsidiaries and that, subject to applicable law, nothing in this Agreement shall limit the current or future business activities of the Holders whether or not such activities are competitive with those of the Company and its Subsidiaries. Nothing in this Agreement, express or implied, shall relieve any officer or director of the Company or any of its Subsidiaries, or any Holder, of any fiduciary or other duties or obligations they may have to the Company's stockholders. SAP, its Affiliates, its principals, and their respective officers and directors (collectively, the "SAP GROUP") shall devote their best efforts and full business and work time, attention and skill to the operations, business and affairs of the Company and its Subsidiaries. Without limiting the generality of the immediately preceding sentence, in the event there shall become available to any members of the SAP Group, directly or indirectly, through an affiliate or otherwise, any business opportunity (whether in the form of a transaction or otherwise) reasonably related to the business of the Company or any of its Subsidiaries, SAP shall cause such opportunity to be presented to the Company for its consideration and pursuit; PROVIDED, HOWEVER, that in the event the Company shall choose not to pursue such opportunity, no member of the SAP Group shall, directly or indirectly, through an Affiliate or otherwise, without the prior written consent of the Company (as authorized by its board of directors) (provided such consent is not unreasonably withheld or delayed), pursue such opportunity.
Other Activities of the Holders. Any Holder, any Affiliate of any Holder and any officer, director, shareholder, partner, member, manager, employee or agent of any Holder or any Affiliate of any Holder may lend money to and transact other business with the Company and/or any one or more of the Subsidiaries. Any Holder may engage independently or with others in other business ventures of every nature and description, including, without limitation, those competitive with the business of the Company and/or a Subsidiary, as well as the acquisition of other real properties, or interests therein, or the provision of services or advice of any kind to others in connection therewith. The Managing Member and its Affiliates shall not be prohibited from engaging in business with Persons transacting business with the Company and/or any one or more Subsidiaries, or from providing services relating to the purchase, sale, financing, management, leasing, development or operation of real property, and receiving compensation therefor. Neither the Company nor any Holder shall have any right by virtue of this Agreement, and/or the relationships created hereby, to such other ventures or activities or to the income or proceeds derived therefrom.
