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flipper44

12/04/15 4:44 PM

#46442 RE: TZOR #46439

Either way, when he becomes a Director for NWBO, he has a duty of loyalty

The duty of loyalty imposes on the board an affirmative duty to protect the interests of the corporation, and also an obligation to refrain from conduct which would injure the corporation and its shareholders . Directors must avoid any conflict between duty and self-interest. Undivided allegiance to the corporation's best interest is required

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