Managerial capacity definition
Examples of Managerial capacity in a sentence
To the full extent permitted by the Act, all Directors and Officers appointed thereby are released from liability for damages and other monetary relief on account of any act, omission, or conduct in the Director's or such Officer's Managerial capacity.
FOR ACTS OR OMISSIONS IN THEIR MANAGERIAL CAPACITY To the full extent permitted by Section 3059 of Title 11, Vermont Statutes Annotated, all Members are released from liability for damages and other monetary relief on account of any act, omission, or conduct in the Member's Managerial capacity.
To the full extent permitted by DC Code ss.29-1014, all Managers are released from liability for damages and other monetary relief on account of any act, omission, or conduct in the Manager's Managerial capacity.
Executive shall serve in such Executive or Managerial capacity as the Board of Directors or the Chief Executive Officer of the Company shall determine, and shall have all of the duties, responsibilities, obligations and privileges commensurate with such position.