Common use of Designation; Powers Clause in Contracts

Designation; Powers. The Board may designate one or more committees, each committee to consist of one or more of the directors of the Corporation. Any such committee, to the extent permitted by applicable law and to the extent provided in the resolution of the Board, shall have and may exercise all the powers and authority of the Board in the management of the business and affairs of the Corporation, and may authorize the seal of the Corporation to be affixed to all papers which may require it.

Designation; Powers. The Subject to the terms of the Shareholder’s Agreement, the Board of Directors may designate one or more committees, each committee to consist of one or more of the directors of the CorporationCompany. Any such committee, to the extent permitted by applicable law and to the extent provided in the resolution of the Board, shall have and may exercise all the powers and authority of the Board of Directors in the management of the business and affairs of the Corporation, Company to the extent provided in the resolution of the Board of Directors and may authorize the seal of the Corporation Company to be affixed to all papers which may require it.

Designation; Powers. The Board may designate one or more committees, each committee to consist of one or more of the directors of the Corporation, subject to the obligations of the Corporation set forth in the Nomination Agreements. Any such committee, to the extent permitted by applicable law and to the extent provided in the resolution of the Board, shall have and may exercise all the powers and authority of the Board in the management of the business and affairs of the Corporation, and may authorize the seal of the Corporation to be affixed to all papers which may require it.

Designation; Powers. The Board may designate one or more committees, committees each committee to consist of one or more of the directors of the Corporation, including, if they shall so determine, an executive committee. Any such designated committee, to the extent permitted by applicable law and the to the extent provided in the resolution resolutions of the Board, shall have and may exercise all the powers and authority of the Board in the management of the business and affairs of the Corporation, and . Any such designated committee may authorize the seal of the Corporation to be affixed to all papers which may require it.

Designation; Powers. The Subject to the terms of the Shareholders’ Agreement, the Board of Directors may designate one or more committees, each committee to consist of one or more of the directors of the CorporationCompany. Any such committee, to the extent permitted by applicable law and to the extent provided in the resolution of the Board, shall have and may exercise all the powers and authority of the Board of Directors in the management of the business and affairs of the Corporation, Company to the extent provided in the resolution of the Board of Directors and may authorize the seal of the Corporation Company to be affixed to all papers which may require it.