Common use of Duties of Board Clause in Contracts

Duties of Board. Without limiting the general duties and authority of the Board as set forth in this Article 4, except as otherwise provided in this Agreement, the Board shall have all of the powers of the board of directors of a corporation organized under the General Corporation Law of the State of Delaware, as from time to time in effect (the “DGCL”), including the power and responsibility to manage the business of BOX Options, select and evaluate the performance of the Officers, and establish and monitor capital and operating budgets.

Duties of Board. Without limiting the general duties and authority of the Board as set forth in this Article 4, except as otherwise provided in this Agreement, the Board shall have all of the powers of the board Board of directors Directors of a corporation organized under the General Corporation Law of the State of Delaware, as from time to time in effect (the “DGCL”), including the power and responsibility to manage the business of BOX OptionsHoldings, select select, and evaluate the performance of, the CEO (if any) and other Officers of the OfficersBOX Holdings, and establish and monitor capital and operating budgets.