Modification of Duties Sample Clauses

Modification of Duties. Except as expressly set forth in this Agreement or expressly required by the Act, neither the Manager nor any of the Indemnified Parties shall have any duties or liabilities, including fiduciary duties, to the Company, any Member or any other Person bound by this Agreement, and the provisions of this Agreement, to the extent that they restrict, eliminate or otherwise modify the duties and liabilities, including fiduciary duties, of the Manager or the Indemnified Parties otherwise existing at law or in equity, are agreed by the Members to replace such other duties and liabilities of the Manager or the Indemnified Parties. Any exculpation or indemnification standards contained herein shall not restore or create, whether in contract or otherwise, any such duties or liabilities.
AutoNDA by SimpleDocs
Modification of Duties. Subject to Section 10(c), the scope of the Contractor's duties may be changed from time to time by the CEO or the Board of Directors of the Company without thereby terminating this Agreement. If so changed, the Contractor's engagement with the Company shall be construed continuing under this Agreement, as modified in accordance with such determination by the CEO or the Board of Directors.
Modification of Duties. The Executive will perform such other duties as may be appropriate to his office and as may be prescribed from time to time by The Bank's Board of Directors. New duties and responsibilities prescribed to the Executive will be consistent with the Executive's position as The Bank President and Chief Executive Officer, and shall not include immoral or unlawful acts.
Modification of Duties. Except as expressly set forth in this Agreement, to the fullest extent permitted by law, no Indemnitee shall have any duties or Liabilities, including any fiduciary duties, to the Partnership, any Partner, any other Person who acquires an interest in a Partnership Unit or any other Person who is bound by this Agreement. The provisions of this Agreement, to the extent that they restrict or otherwise modify or eliminate the duties and Liabilities, including fiduciary duties, of an Indemnitee otherwise existing at law or in equity, are expressly agreed and approved by the General Partner and the Partners, any other Group Member, any other Person who acquires an interest in a Partnership Unit or any other Person who is bound by this Agreement to replace such other duties and Liabilities of an Indemnitee.
Modification of Duties. The Company shall have the right, from time to time, to modify or change Executive's duties and/or responsibility hereunder. Any such modification or change, including, without limitation, the expansion of Executive's duties hereunder, shall not, unless specifically agreed by the Company in a duly executed amendment of this Agreement, result in any modification or increase of Executive's compensation as provided in this Agreement.
Modification of Duties. Except as expressly set forth in this Agreement, none of the General Partner, the Board of Directors, any committee thereof or any other Indemnitee shall have any duties or liabilities, including fiduciary duties, to the Partnership, any Limited Partner, any Person who acquires an interest in a Partnership Interest or any other Person bound by this Agreement. Notwithstanding any other provision of this Agreement, to the extent that any provision of this Agreement (i) replaces, restricts or eliminates the duties (including fiduciary duties) that might otherwise, as a result of Delaware or other applicable law, be owed by the General Partner, its Affiliates, the Board of Directors, any committee thereof or any other Indemnitee to the Partnership, the Limited Partners, any other Person who acquires an interest in a Partnership Interest or any other Person who is bound by this Agreement, or (ii) constitutes a waiver or a consent by the Partnership, the Limited Partners, any other Person who acquires an interest in a Partnership Interest or any other Person who is bound by this Agreement to any such replacement, restriction or elimination, such provision is hereby approved by the Partnership, all the Partners, each other Person who acquires an interest in a Partnership Interest and each other Person who is bound by this Agreement.
Modification of Duties. The extent of the duties, responsibilities and limitations of authority of ARCHITECT as a representative of DISTRICT during construction shall not be modified or extended without written agreement between DISTRICT and ARCHITECT.
AutoNDA by SimpleDocs
Modification of Duties. Except as expressly set forth in this Agreement or expressly required by the Act, the Indemnified Parties shall not have any duties or liabilities, including fiduciary duties, to the Company, the Series, any Member, any Shareholder or any other Person bound by this Agreement and the provisions of this Agreement, to the extent that they restrict, eliminate or otherwise modify the duties and liabilities, including fiduciary duties, of the Indemnified Parties otherwise existing at law or in equity, are agreed by the Members and the Shareholders to replace such other duties and liabilities of the Indemnified Parties. Any exculpation or indemnification standards contained herein shall not restore or create, whether in contract or otherwise, any such duties or liabilities.
Modification of Duties. Upon mutual agreement with the Executive, the Company and the Parent reserve the right to assign to the Executive duties of a different nature either additional to or instead of those referred to in Section 2.1 above, it being understood that Executive will not be assigned duties which he cannot reasonably perform.
Modification of Duties. During the six (6) month period immediately prior to the expiration of this Contract, the Board, at its sole option and election, may modify the duties and responsibilities of the Superintendent to accommodate the orientation of a successor superintendent. During said period, some of the duties of Superintendent may be reassigned to the superintendent-elect or others but, in no event shall such modification result in a decrease in the salary and fringe benefits paid to Superintendent for the full term of this Contract. To the extent requested by the Board, and. for the duration of the term of this Contract, the Superintendent shall consult with and assist the Board and his successor superintendent with the transition to a new administration.
Time is Money Join Law Insider Premium to draft better contracts faster.