Transaction With the Company Sample Clauses

The 'Transaction With the Company' clause defines the rules and procedures governing transactions between the company and its directors, officers, or related parties. It typically outlines disclosure requirements, approval processes, and any limitations or conditions that must be met before such transactions can proceed. For example, it may require that any contract or arrangement involving a director be approved by the board or disclosed to shareholders. This clause is essential for preventing conflicts of interest and ensuring transparency and fairness in dealings that could otherwise benefit insiders at the expense of the company or its stakeholders.
Transaction With the Company. Subject to any limitations set forth in this LLC Agreement, including without limitation, Section 2.6 hereof, the Managing Member may lend money to, act as a surety, guarantor or endorser for, guarantee or assume one or more obligations of, provide collateral for, and transact other business with the Company. Subject to this LLC Agreement and applicable law, the Managing Member has the same rights and obligations with respect to any transaction with the Company as a Person who is not a member or manager.
View SourceView Similar (8)
Transaction With the Company. Subject to any limitations set forth in this Agreement, including without limitation, Section 2.6 hereof, Member may lend money to, act as a surety, guarantor or endorser for, guarantee or assume one or more obligations of, provide collateral for, and transact other business with the Company. Subject to this Agreement and applicable law, Member has the same rights and obligations with respect to any transaction with Company as a Person who is not a member or manager.
View SourceView Similar (2)

Related to Transaction With the Company

  • Cooperation with the Company The Executive agrees [a] to be reasonably available to answer questions for the Group’s (and any Group Member’s) officers regarding any matter, project, initiative or effort for which the Executive was responsible while employed by any Group Member and [b] to cooperate with the Group (and with each Group Member) during the course of all third-party proceedings arising out of the Group’s (and any Group Member’s) business about which the Executive has knowledge or information. For purposes of this Agreement, [c] “proceedings” includes internal investigations, administrative investigations or proceedings and lawsuits (including pre-trial discovery and trial testimony) and [d] “cooperation” includes [i] the Executive’s being reasonably available for interviews, meetings, depositions, hearings and/or trials without the need for subpoena or assurances by the Group (or any Group Member), [ii] providing any and all documents in the Executive’s possession that relate to the proceeding, and [iii] providing assistance in locating any and all relevant notes and/or documents.

  • Service with the Company During the Term of this Agreement, Executive agrees to perform such executive employment duties as the Board or the President shall reasonably assign to him from time to time.

  • Relationships with the Company Except as set forth below, neither the undersigned nor any of its affiliates, officers, directors or principal equity holders (owners of 5% of more of the equity securities of the undersigned) has held any position or office or has had any other material relationship with the Company (or its predecessors or affiliates) during the past three years.

  • Employment with the Company While Executive is employed by the Company during the Term, Executive shall be employed as the Chief Financial Officer of the Company, and such other titles as the Company may designate, and shall perform such duties and responsibilities as the Company shall assign to him from time to time, including duties and responsibilities relating to the Company's wholly-owned and partially owned subsidiaries and other affiliates.

  • Business with the Group The Agent and the Arranger may accept deposits from, lend money to and generally engage in any kind of banking or other business with any member of the Group.