Limitation of Energy Manager’s Liability. MMC understands and agrees that, notwithstanding anything to the contrary herein: (a) no claim shall be made against any employee, shareholder, partner, member, representative, officer or director, whether past, present or future, of Energy Manager in connection with this Agreement; (b) there shall be absolutely no personal liability or recourse for the payment of any amounts due hereunder, or the performance of any obligations hereunder against any employee, shareholder, partner, member, representative, officer or director, whether past, present or future, of Energy Manager, irrespective of any failure to comply with the provisions of this Agreement; (c) MMC shall have no right to any claim against Energy Manager for any capital contributions from any employee, shareholder, partner, member, representative, officer or director, whether past, present or future, of Energy Manager; and (d) the provisions of (a) through (c) are made expressly for the benefit of employees, shareholders, partners, members, representatives, officers and directors, whether past, present or future, of Energy Manager.
Appears in 3 contracts
Sources: Energy Management Agreement (MMC Energy, Inc.), Energy Management Agreement (MMC Energy, Inc.), Energy Management Agreement (MMC Energy, Inc.)