Designation of Committees. The Board will establish committees to perform the delegated or designated duties as much as permitted by law. Each committee will consist of one or more directors of the Company. In the absence or disqualification of a member of a committee, he/she or the members present in all meetings and disqualified to vote, whether or not such members constitute a quorum, may designated, in unanimous form, another member of the Director to act in the meeting in the place of such absent or disqualified member.
Appears in 4 contracts
Samples: Concession Agreement for the Exploration and Exploitation of Hydrocarbons (Infinity Energy Resources, Inc), Concession Agreement for Exploration and Exploitation of Hydrocarbons (Infinity Energy Resources, Inc), Concession Agreement for Exploration and Exploitation of Hydrocarbons (Infinity Energy Resources, Inc)
Designation of Committees. The Board will establish committees to perform for the performance of delegated or designated duties functions as much as permitted allowed by law. Each ; each committee will consist be composed of one or more directors of the Company. In the absence or disqualification of a member of a committee, he/she or the members present in at all meetings and who are not disqualified to vote, whether or not such members constitute a quorumquorum or not, may designated, in unanimous form, unanimously designate another member of the Director Board to act in the meeting in the place of such represent said absent or disqualified membermember at the meeting.
Appears in 4 contracts
Samples: Concession Agreement for Exploration and Exploitation of Hydrocarbons (Infinity Energy Resources, Inc), Concession Agreement for the Exploration and Exploitation of Hydrocarbons (Infinity Energy Resources, Inc), Concession Agreement for Exploration and Exploitation of Hydrocarbons (Infinity Energy Resources, Inc)
