Duties of Officers. The Officers, in the performance of their duties as such, shall owe to the Company duties of loyalty and due care of the type owed by officers of a Delaware corporation pursuant to the laws of the state of Delaware.
Appears in 19 contracts
Samples: Limited Liability Company Agreement (Norcraft Companies, Inc.), Limited Liability Company Agreement (Planet Fitness, Inc.), Limited Liability Company Agreement (Norcraft Companies, Inc.)
Duties of Officers. The Officersofficers, in the performance of their duties as such, shall owe to the Company and the Members fiduciary duties of loyalty and due care of the type owed by officers of a Delaware corporation pursuant to the laws of the state State of Delaware.
Appears in 5 contracts
Samples: Limited Liability Company Agreement (Pennymac Financial Services, Inc.), Limited Liability Company Agreement (Pennymac Financial Services, Inc.), Limited Liability Company Agreement (PennyMac Financial Services, Inc.)
Duties of Officers. The Officers, in the performance of their duties as such, shall owe to the Company duties of loyalty and due care of the type owed by officers of a Delaware corporation pursuant to the laws of the state State of Delaware.
Appears in 4 contracts
Samples: Limited Liability Company Agreement (Woodside Homes, Inc.), Limited Liability Company Agreement (Red Rock Resorts, Inc.), Limited Liability Company Agreement (Woodside Homes, Inc.)
Duties of Officers. The Officers, in the performance of their duties as such, shall owe to the Company and the Unitholders duties of loyalty and due care of the type owed by the officers of a Delaware corporation pursuant to such corporation and its stockholders under the laws of the state State of Delaware.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (Cable One, Inc.), Limited Liability Company Agreement (NorthStar Asset Management Group Inc.)
Duties of Officers. The Officers, in the performance of their duties as such, shall owe to the Company Unitholders duties of loyalty and due care of the type owed by the officers of a Delaware corporation pursuant to such corporation and its stockholders under the laws of the state State of Delaware.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (Emmis Communications Corp), Limited Liability Company Agreement (Emmis Communications Corp)
Duties of Officers. The Officers, in the performance of their duties as such, shall owe to the Company duties of loyalty and due care of the type owed by officers of a Delaware corporation pursuant to the laws of the state of Delaware.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Us LBM Holdings, Inc.)
Duties of Officers. The Subject to Section 6.6, the Officers, in the performance of their duties as such, shall owe to the Company and the Members duties of loyalty and due care of the type owed by the officers of a Delaware corporation pursuant to such corporation and its shareholders under the laws of the state State of Delaware. The Officers are expected to consult with each other in the conduct of the affairs of the Company.
Appears in 1 contract
