Appointment and Powers of Executive Committee. The directors may, by resolution, appoint an executive committee consisting of the director or directors that they consider appropriate, and this committee has, during the intervals between meetings of the board of directors, all of the directors’ powers, except:
(1) the power to fill vacancies in the board of directors;
(2) the power to remove a director;
(3) the power to change the membership of, or fill vacancies in, any committee of the directors; and
(4) such other powers, if any, as may be set out in the resolution or any subsequent directors’ resolution.
Appointment and Powers of Executive Committee. 32 19.2 Appointment and Powers of Other Committees 32 19.3 Obligations of Committees 32 19.4 Powers of Board 32 19.5 Committee Meetings 33 20.1 Directors May Appoint Officers 33 20.2 Functions, Duties and Powers of Officers 33 20.3 Qualifications 33 20.4 Remuneration and Terms of Appointment 33 21.1 Definitions 33 21.2 Mandatory Indemnification of Eligible Parties 34 21.3 Indemnification of Other Persons 34 21.4 Non-Compliance with Business Corporations Act 34 21.5 Company May Purchase Insurance 34
