Compensation and Bond. The compensation of the officers of the Corporation shall be fixed by the Board of Directors, but this power may be delegated to any officer in respect of other officers under his or her control. The Corporation may secure the fidelity of any or all of its officers, agents or employees by bond or otherwise.
Appears in 3 contracts
Samples: Sale Agreement (Qad Inc), Credit Agreement (Inamed Corp), Investors' Agreement (Inland Resources Inc)
Compensation and Bond. The compensation of the officers of the Corporation shall be fixed by the Board of Directors, but this power may be delegated to any officer in respect by the Board of other officers under his or her controlDirectors. The Corporation may secure the fidelity of any or all of its officers, agents or employees by bond or otherwise.
Appears in 2 contracts
Samples: Employment Agreement, Employment Agreement
