Responsibility of Dual Directors Officers and/or Employees Clause Example from Business Contracts

This example Responsibility of Dual Directors Officers and/or Employees clause appears in 2 contracts from 1 company

Responsibility of Dual Directors Officers and/or Employees. If any person who is a member, manager, partner, officer or employee of the Adviser is or becomes a director, officer and/or employee of the Corporation and acts as such in any business of the Corporation, then such member, manager, partner, officer and/or employee of the Adviser shall be deemed to be acting in such capacity solely for the Corporation, and not as a member, manager, partner, officer or employee of the Adviser under the control or direction of the Adviser, even if paid by the Advi...ser. View More