Common use of Actions by Company Clause in Contracts

Actions by Company. Any powers exercisable by the Company under the Plan shall be utilized by written resolution adopted by the Board or its delegate. The Board may by written resolution delegate any of the Company’s powers under the Plan and any such delegations may provide for subdelegations, also by written resolution.

Appears in 1 contract

Samples: Dresser Inc

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Actions by Company. Any powers exercisable by the Company under the Plan shall be utilized by written resolution adopted by the Board of Directors or its delegate. The Board may by written resolution delegate any of the Company’s 's powers under the Plan and any such delegations may provide for subdelegations, also by written resolution.. 2.12

Appears in 1 contract

Samples: Supplemental Plan (Northrop Grumman Corp)

Actions by Company. Any powers exercisable by the Company under the Plan shall be utilized by written resolution adopted by the Board or its delegate. The -15- 17 Board may by written resolution delegate any of the Company’s 's powers under the Plan and any such delegations may provide for subdelegations, also by written resolution.

Appears in 1 contract

Samples: Dresser Inc

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Actions by Company. Any powers exercisable by the Company under the Plan shall be utilized by written resolution adopted by the Board or its delegate. The Board may by written resolution delegate any of the Company’s 's powers under the Plan and any such delegations may provide for subdelegations, also by written resolution.

Appears in 1 contract

Samples: Dresser Inc

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