Common use of Absence of Liability Clause in Contracts

Absence of Liability. No member of the Board of Directors of the Company or a Subsidiary, of the Committee, of any other committee of the Board of Directors, or any officer or Employee of the Company or a Subsidiary shall be liable for any act or action under the Plan, whether of commission or omission, taken by any other member, or by any officer, agent, or Employee, or, except in circumstances involving his bad faith or willful misconduct, for anything done or omitted to be done by himself.

Absence of Liability. No member of the Board of Directors or officer of the Company or a Subsidiary, of the Committee, of any other committee of the Board of Directors, or any officer or Employee of the Company or a Subsidiary shall be liable for any act or action under the Planhereunder, whether of commission or omission, taken by any other member, or by any officer, agent, or Employeeemployee, or, except in circumstances involving his bad faith or willful misconductfaith, for anything done or omitted to be done by himself.

Absence of Liability. No member of the Board board of Directors directors of the Company Corporation or a Subsidiary, of the Committee, of any other committee of the Board of Directors, subsidiary or any officer or Employee of the Company Corporation or a Subsidiary subsidiary shall be liable for any act or action under the Planhereunder, whether of commission or omission, taken by any other member, or by any officer, agent, or Employeeemployee, or, except in circumstances involving his bad faith or willful misconduct, for anything done or omitted to be done by himself.