Common use of Company and Subsidiaries Clause in Contracts

Company and Subsidiaries. In accordance with the provisions ------------------------ of section 2, the Board of the Company shall determine, in their sole ------- - discretion, (1) the responsibilities and duties to be performed by Executive for each of the Company and the Subsidiaries; and (2) the amount of the Executive's total remuneration to be allocated and paid by the Company and each of its Subsidiaries. Such determinations and allocations shall not be deemed an assignment or delegation under the terms of this section.

Company and Subsidiaries. In accordance with the provisions of ------------------------ of section 2, the Board of the Company shall determine, in their sole ------- - discretion, (1) the responsibilities and duties to be performed by Executive for each of the Company and the Subsidiaries; and (2) the amount of the Executive's total remuneration to be allocated and paid by the Company and each of its Subsidiaries. Such determinations and allocations shall not be deemed an assignment or delegation under the terms of this section.