a)

duty to act in good faith in what the director or officer believes to be in the best interests of the company as a whole;

b)

duty to exercise powers for the purposes for which those powers were conferred and not for a collateral purpose;

c)

directors should not improperly fetter the exercise of future discretion;

d)

duty to exercise powers fairly as between different sections of shareholders;

e)

duty not to put themselves in a position in which there is a conflict between their duty to the company and their personal interests; and

f)

duty to exercise independent judgment.