Common use of Status of Director Clause in Contracts

Status of Director. Director is and shall remain a non-employee of the Company. Director and any agents or employees of Director shall not act as an officer or employee of Company. Director has no authority to assume or create any commitment or obligation on behalf of, or to bind, Company in any respect in an individual capacity.

Appears in 7 contracts

Samples: Non Employee Director Agreement (eDOORWAYS CORP), Non Employee Director Agreement (eDOORWAYS CORP), Non Employee Director Agreement (Gk Intelligent Systems Inc)

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Status of Director. Director is shall be neither an employee nor an independent contractor of the Company or any of its affiliates and shall remain a non-not be entitled to participate in any employee benefit plans or other benefits or conditions of employment available to the employees or independent contractors of the Company. Director and any agents or employees of Director shall not have no authority to act as an officer or employee agent of the Company. Director has no , except on authority specifically so delegated, and he shall not represent to assume or create the contrary to any commitment or obligation on behalf of, or to bind, Company in any respect in an individual capacityperson.

Appears in 1 contract

Samples: Board of Directors (Rokk3r Inc.)

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