Committees of the Board. The Board may designate, by a vote of a majority of the directors then in office, committees of the Board. The committees shall serve at the pleasure of the Board and shall possess such lawfully delegable powers and duties as the Board may confer.
Appears in 3 contracts
Samples: Merger Agreement (Cash America International Inc), Acquisition Agreement (Artfest International Inc), Agreement and Plan of Merger (World Waste Technologies Inc)
Committees of the Board. The Board of Directors may designate, by a vote of a majority of the directors then in office, establish such committees of the BoardBoard of Directors as it deems necessary or appropriate, including an audit committee, a compensation committee, and a governance and nominating committee, each of whose members shall be elected by the Board of Directors. The committees Each such committee shall serve at the pleasure exercise those powers of the Board and shall possess such lawfully delegable powers and duties as of Directors delegated to it by the Board may conferof Directors.
Appears in 3 contracts
Samples: Limited Liability Company Agreement (Hudson Bay Capital Management LP), Limited Liability Company Agreement (Sixth Street Partners Management Company, L.P.), Limited Liability Company Agreement (HG Vora Capital Management, LLC)
Committees of the Board. The Board may designateBoard, by a vote of a majority of the directors then in officetotal number of directors, may, from time to time, designate committees of the Board. The committees shall serve at the pleasure of the Board and shall possess , with such lawfully delegable powers and duties as it thereby confers, to serve at the pleasure of the Board. Each committee may determine procedural rules for the conduct of its meetings and business, and shall act in accordance therewith, unless otherwise provided by the Board may conferof Directors in the resolution establishing the committee.
Appears in 1 contract
Samples: Merger Agreement (Accelrys, Inc.)
