Common use of Delegation by Board Clause in Contracts

Delegation by Board. Except to the extent prohibited by applicable law or the applicable rules of a stock exchange or market, the Board may delegate all or any portion of its responsibilities and powers to any one or more of its members. Any such delegation may be revoked by the Board at any time.

Appears in 23 contracts

Samples: Stock Warrant Agreement (U S Laboratories Inc), Nonqualified Stock Option Agreement (Excal Enterprises Inc), Nonqualified Stock Option Agreement (Excal Enterprises Inc)

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Delegation by Board. Except to the extent prohibited by ------------------- applicable law or the applicable rules of a stock exchange or market, the Board may delegate all or any portion of its responsibilities and powers to any one or more of its members. Any such delegation may be revoked by the Board at any time.

Appears in 1 contract

Samples: U S Laboratories Inc

Delegation by Board. Except to the extent prohibited by applicable ------------------- law or the applicable rules of a stock exchange or market, the Board may delegate all or any portion of its responsibilities and powers to any one or more of its members. Any such delegation may be revoked by the Board at any time.

Appears in 1 contract

Samples: Employee Warrant Agreement (U S Laboratories Inc)

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Delegation by Board. Except to the extent prohibited by applicable law or the applicable rules of a stock exchange or marketlaw, the Board may delegate allocate all or any portion of its responsibilities and powers to any one or more of its membersmembers and may delegate all or any part of its responsibilities and powers to any person or persons selected by it. Any such allocation or delegation may be revoked by the Board at any time.

Appears in 1 contract

Samples: Mair Holdings Inc

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