Common use of Assistant Treasurers and Assistant Secretaries Clause in Contracts

Assistant Treasurers and Assistant Secretaries. The assistant treasurers and assistant secretaries shall perform all functions and duties which the secretary or treasurer, as the case may be, may assign or delegate; but such assignment or delegation shall not relieve the principal officer from the responsibilities and liabilities of his or her office. In addition, an assistant secretary or an assistant treasurer may sign with the chairman of the board, the president, or a vice president, certificates for shares of stock the board of directors has authorized for issuance; and the assistant secretaries and assistant treasurers shall, in general, perform such duties as the secretary or the treasurer, respectively, or the president or board of directors may from time to time assign to them. The assistant treasurers shall, if required by the board of directors, give bonds for the faithful discharge of their duties in such sums, and with such surety or sureties, as the board of directors shall determine.

Appears in 2 contracts

Samples: Merger Agreement (Habit Restaurants, Inc.), Agreement and Plan of Merger (Usg Corp)

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Assistant Treasurers and Assistant Secretaries. The assistant treasurers Board of Directors may elect one or more Assistant Treasurers and assistant secretaries Assistant Secretaries. In the absence of the Treasurer or Chief Financial Officer, or in the event of his inability or refusal to act, the Assistant Treasurer(s), in the order of their election, shall perform all functions the duties and duties which exercise the secretary authority of the Treasurer or treasurerChief Financial Officer. In the absence of the Secretary, as or in the case may be, may assign or delegate; but such assignment or delegation shall not relieve the principal officer from the responsibilities and liabilities event of his inability or her office. In additionrefusal to act, an assistant secretary or an assistant treasurer may sign with the chairman Assistant Secretary(ies), in the order of their election, shall perform the duties and exercise the authority of the board, the president, or a vice president, certificates for shares of stock the board of directors has authorized for issuance; and the assistant secretaries and assistant treasurers shall, in general, perform such duties as the secretary or the treasurer, respectively, or the president or board of directors may from time to time assign to themSecretary. The assistant treasurers shallAssistant Treasurer(s) shall respectively, if required by the board Board of directorsDirectors, give bonds for the faithful discharge of their duties in such sums, sums and with such surety or sureties, sureties as the board Board of directors Directors shall determine. The Assistant Treasurer(s) and Assistant Secretary(ies), in general, shall perform such other duties not inconsistent with these Bylaws as shall be assigned to them by the Treasurer (or Chief Financial Officer) or the Secretary, respectively, or by the President or the Board of Directors.

Appears in 2 contracts

Samples: Exchange Agreement (Coram Healthcare Corp), Exchange Agreement (Coram Healthcare Corp)

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