Reliance on Management. As a securities holder, you will not be able to participate in the Company's management or vote on and/or influence any managerial decisions regarding the Company, including decisions relating to XXXXX. Furthermore, if the founders or other key personnel of the Company were to leave the Company or become unable to work, the Company (and your investment) could suffer substantially. The Company's success will be dependent, in part, upon the services of its senior management, currently Xxxxxxx Xxxxxx Xxxxx ("Xxxxx") and Xxxxxxxx Xxxx ("Xxxx"). The Company does not currently have written employment agreements with its senior management. The loss of the services of one or more members of senior management could have a significant adverse effect on the Company's business, operating results and financial condition.
Reliance on Management. Grown Rogue's success substantially depends on the skills, talents, abilities and continued services of Xxxx Xxxxxxxxx and Grown Rogue's executive management team. Should one or more of these individuals become incapacitated, leave the employment of Grown Rogue or in some other way cease to participate sufficiently in the management and operation of Grown Rogue and Grown Rogue's inability to attract and retain qualified management personnel, could affect our ability to manage our business and could materially adversely affect our business, financial condition, cash flows, and results of operations. Grown Rogue's financial position, liquidity and results of operations depend on the executive management team's ability to execute its business strategy. Management's inability or failure to execute any element of Grown Rogue's business strategy could materially adversely affect Grown Rogue's financial position and results of operation.
Reliance on Management. Decisions with respect to the management of the Company will be made by the Officers and Directors of the Company, Xx. Xxxxx Xxxx (CEO), Xx. Xxxxxx X. Hilton (President), and Xx. Xxxxxxx Xxxxxxx (CMO). The success of the Company will depend on the ability of Management to manage the business of the Company. The loss of services of one or more of these people could have an adverse impact on the Company’s ability to realize its business objectives. The bios of our management team can be viewed on our corporate website xxx.xxxxxxxxxxxxxxxxx.xxx.
Reliance on Management. All decisions with respect to the management of the Company will be made exclusively by the Company and its management. Accordingly, no person should purchase any of the Units offered hereby unless such person is willing to entrust all aspects of the management to the Company and has evaluated the Company’s capabilities to perform such functions.
Reliance on Management. All decisions regarding management of the Seller's affairs will be made exclusively by the Manager of the Seller, [INSERT NAME OF MANAGER], and not necessarily in conjunction with the holders of interests in the Subject Property (collectively, “Participants”). Accordingly, you should not invest in the Subject Property unless you are willing to entrust virtually all aspects of management to the Manager of the Seller or its successor(s). Potential investors must carefully evaluate the personal experience and business performance of the principals of the Manager of the Seller. Conflicts of Interest. Various conflicts of interest may exist between Participants and the Seller and its affiliates. The principals of the Manager of the Seller are active in businesses independent of the Seller and may engage in other activities in the future. Seller intends to accept fees from the Participants in connection with its services pursuant to this Agreement and charge Participants for such costs. In addition, Seller may engage its affiliates to perform services for and on behalf of Seller and Seller may, in connection with such services, pay to such affiliates brokerage commissions and fees, property management fees and other compensation. The Manager of the Seller may have conflicts of interest in terms of any such fees received by the Manager from the Seller, ownership of the Seller and ownership of the Manager of the affiliates also receiving fees from Seller.Conflicts may also arise for the Manager of the Seller with respect to the allocation of management time, services, and functions between various future enterprises the Seller, its Manager or its affiliates may organize, as well as other business ventures in which the Seller, its Manager or its affiliates may be or become involved. Limited Resources of the Manager of the Seller. The Manager of the Seller and its affiliates believe they have the financial resources to serve and satisfy their obligations as the Manager of the Seller and Seller’s obligations as nominee for the Participants. A significant financial reversal for the Manager of the Seller could adversely affect the ability of the Manager of the Seller to satisfy their financial obligations to the Seller and to operate the Seller. No Financial Statements of the Manager of the Seller. This Agreement does not contain financial statements of the Manager of the Seller, nor will such financial statements be disclosed to investors unless such disclosure is req...
Reliance on Management. Except as set forth in this agreement, decisions with respect to the management of Company will be made by the Managers in the Managers' sole discretion. The success of the picture will largely depend on the quality of the management of the Company. The Managers, with the advice and assistance of other professionals, will administer all business aspects of the Managers, the Company, and the picture. Although the Managers believe that the Managers have the necessary business and motion picture experience to supervise the management of the Company, there can be no assurance that the Managers will perform adequately or that the Company's operations will be successful. Purchasers of interests will receive an economic interest in the Company, but shall not be participants in the management or the operations of the Managers, the Company, or the picture. Accordingly, except as otherwise set forth in this agreement, an Investor will have no right to vote on, or to veto actions of the Managers, will have no creative control, and Manager-approved actions may be approved despite the Investor's dissent from such actions.
