Common use of Other Business by Members Clause in Contracts

Other Business by Members. Each member shall agree not to own an interest in, manage or work for another business, enterprise or endeavor, if such ownership or activities would compete with this LLC’s business goals, mission, profitability or productivity, or would diminish or impair the member's ability to provide maximum effort and performance in managing the business of this LLC.

Appears in 31 contracts

Samples: Operating Agreement, Operating Agreement, Massachusetts Limited Liability Company

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Other Business by Members. Each member shall agree not to own an interest in, manage manage, or work for another business, enterprise enterprise, or endeavor, ; if such ownership or activities would compete with this LLC’s 's business goals, mission, profitability profitability, or productivity, or would diminish or impair the member's ability to provide maximum effort and performance in managing the business of this LLC.

Appears in 1 contract

Samples: Operating Agreement

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Other Business by Members. Each member shall agree not to own an interest in, manage manage, or work for another business, enterprise enterprise, or endeavor, if such ownership or activities would compete with this LLC’s business goals, mission, profitability profitability, or productivity, or would diminish or impair the member's ’s ability to provide maximum effort and performance in managing the business of this LLC.

Appears in 1 contract

Samples: Operating Agreement

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