Common use of Outside Business Clause in Contracts

Outside Business. The Manager or any Member may engage or have an interest in other business ventures which are similar to or competitive with the business of the Company, and the pursuit of such ventures, even if competitive, shall not be deemed wrongful or improper so as to give the Company, its Manager or the other Members any rights with respect thereto. Neither the Manager nor any Member shall be obligated to present an investment opportunity to the Company even if it is similar to or consistent with the business of the Company, and such Member or Manager shall have a right to take for their own account or recommend to others any such investment opportunity.

Outside Business. The Manager or any Member may engage or have an interest in other business ventures which are similar to or competitive with the business of the CompanyLLC, and the pursuit of such ventures, even if competitive, shall not be deemed wrongful or improper so as to give the CompanyLLC, its Manager or the other Members any rights with respect thereto. Neither the Manager nor any Member shall be obligated to present an investment opportunity to the Company LLC even if it is similar to or consistent with the business of the CompanyLLC, and such Member or Manager shall have a right to take for their own account or recommend to others any such investment opportunity.

Outside Business. The Any Manager or any Member may engage in or have possess an interest in other business ventures of any nature or description, independently or with others, except business ventures which are similar to or competitive with the business of the Company or which detracts from such Manager's or Member's handling of the Company's business. The Company and the Members shall have no rights by virtue of this Agreement in and to such independent ventures or the income or profits derived therefrom, and the pursuit of any such ventures, even if competitive, venture shall not be deemed wrongful or improper so as to give the Company, its Manager or the other Members any rights with respect thereto. Neither the Manager nor any Member shall be obligated to present an investment opportunity to the Company even if it is similar to or consistent with the business of the Company, and such Member or Manager shall have a right to take for their own account or recommend to others any such investment opportunityimproper.