Common use of Trustee Exculpation Clause in Contracts

Trustee Exculpation. The execution of this Agreement by the trustees of the Gellein Trust, ▇▇▇▇▇ Trust and ▇. ▇▇▇▇▇▇▇ Trust is by such trustees, not individually, but solely in their capacities as trustees, and nothing contained herein shall be deemed to impose any personal liability on such trustees individually.

Appears in 4 contracts

Sources: Shareholder Option Agreement (Adler Jeffrey A), Shareholder Option Agreement (Adler Jeffrey A), Shareholder Option Agreement (Adler Jeffrey A)