Common use of Directors and Officers As Shareholders Clause in Contracts

Directors and Officers As Shareholders. Subject to the provisions of this Agreement, any Director, officer or other agent of the Company may acquire, own and dispose of Shares to the same extent as if he were not a Director, officer or agent; and the Directors may issue and sell or cause to be issued and sold Shares to and buy such Shares from any such person or any firm or company in which he is interested, subject only to the general limitations herein contained as to the sale and purchase of such Shares; and all subject to any restrictions which may be contained in the Bylaws.

Directors and Officers As Shareholders. Subject to the provisions of this Agreement, any Any Director, officer or other agent of the Company may acquire, own and dispose of Shares to the same extent as if he were not a Director, officer or agent; and the Directors may issue and sell or and cause to be issued and sold Shares to to, and buy redeem such Shares from from, any such person Person or any firm or company in which he such Person is interested, subject only to the general limitations herein contained as herein, in the By-Laws, or in the Registration Statement relating to the sale and purchase redemption of such Shares; and all subject to any restrictions which may be contained in the Bylaws.