Questions about example sentences with, and the definition and usage of "Directors"

A: Ok, I'm not a lawyer so this is not legal advice... that said, I deal with these types of clauses a lot.

Very few native speakers will really understand this either.

What is the context? The general meaning is that Directors can't use some provision of an agreement that they enter into as shareholders as an excuse for not exercising their independent judgment as fiduciaries of the company.

The usual situation where you would see this is where a shareholder has the right to place a representative on the board of directors. Naturally, there's a conflict of interest.

So this sort of clause is normally intended to emphasize that Directors have an independent responsibility to act in the best interests of all shareholders. The legal term for this is to act as a fiduciary.

A: × Directors are keen on using stars with huge fan bases to act, seeing it as a means to boost box office
✓ Directors are keen on using stars with huge fan bases as actors, seeing it as a means to boost box office

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