Common use of Interested Directors Clause in Contracts

Interested Directors. (a) No contract or transaction between the company and any of its directors or officers, or between the company and any other company, partnership, association, or other organization in which any of its directors or officers, are directors or officers, or have a financial interest, shall be void or voidable solely for this reason, or solely because the director or officer is present at or participates in the meeting of the board or committee which authorizes the contract or transaction, or solely because any such director’s or officer’s votes are counted for such purpose, if:

Interested Directors. (a) No contract or transaction between the company Company and any one or more of its directors Directors or officersMember, or between the company Company and any other companycorporation, partnership, association, or other organization in which any one or more of its the Company’s Directors or Member are directors or officers, are directors members or officers, or have a financial interest, shall be void or voidable solely for this reason, or solely because the director Director or officer Member is present at or participates in the meeting of the board or committee Board which authorizes the contract or transaction, or solely because any such director’s his, her or officer’s their votes are counted for such purpose, if:

Interested Directors. (a) No contract or transaction between the company corporation and any one or more of its directors or officers, officers or between the company corporation and any other companycorporation, partnership, association, or other organization in which any one or more of its directors or officers, officers are directors or officers, officers or have a financial interest, shall be void or voidable solely for this reason, or solely because the director or officer is present at or participates in the meeting of the board Board of Directors or committee which thereof that authorizes the contract or transaction, or solely because any such director’s his or officer’s their votes are counted for such purpose, if:

Interested Directors. (a) No contract or transaction between the company a corporation and any one or more of its directors Directors or officers, or between the company a corporation and any other companycorporation, partnership, association, or other organization in which any one or more of its directors Directors or officers, officers are directors Directors or officers, or have a financial interest, shall be void or voidable solely for this reason, or solely because the director Director or officer is present at or participates in the meeting of the board Board or committee which authorizes the contract or transaction, or solely because any such director’s his or officer’s their votes are counted for such purpose, if:

Interested Directors. (a) No contract or transaction between the company Company and any one or more of its directors Directors or officersthe Member, or between the company Company and any other companycorporation, partnership, association, or other organization in which any one or more of its the Company’s Directors or the Member are directors or officers, are directors members or officers, or have a financial interest, shall be void or voidable solely for this reason, or solely because the director Director or officer Member is present at or participates in the meeting of the board or committee Board which authorizes the contract or transaction, or solely because any such director’s his, her or officer’s their votes are counted for such purpose, if:

Interested Directors. (a) No contract or other transaction between the company Corporation and any one or more of its directors or officers, or between the company Corporation and any other companycorporation, partnershipfirm, association, association or other organization in which any one or more of its directors or officers, officers are directors or officers, officers or have a financial interest, shall be void or voidable solely for this reason, reason or solely because the such director or officer is present at or participates in the meeting of the board Board of Directors or committee thereof, which authorizes the such contract or transaction, or solely because any such director’s his or officer’s their votes are counted for such purpose, if:

Interested Directors. (a) No contract or other transaction between the company Company and any one or more of its directors or officers, or between the company Company and any other companycorporation, partnership, association, or other organization in which any one or more of its directors or officers, officers are directors or officers, officers or have a financial interest, shall be void or voidable solely for this the reason, or solely because the such director or officer is present at or participates in the meeting of the board Board or a committee thereof, which authorizes the authorizes, approves, or ratifies such contract or transaction, transaction or solely because any such director’s his or officer’s their votes are counted for such purpose, if: