Giving of Bond by Officers. All officers of the Corporation, if required to do so by the Board of Directors, shall furnish bonds to the Corporation for the faithful performance of their duties, in such penalties and with such conditions and security as the Board shall require.
Appears in 10 contracts
Samples: Corporate Conversion Agreement (BGC Partners, Inc.), Agreement and Plan of Merger (Smart & Final Inc/De), Agreement and Plan of Merger (Cable Systems Holding LLC)
Giving of Bond by Officers. All officers of the Corporation, if required to do so by the Board of Directors, shall furnish bonds to the Corporation for the faithful performance of their duties, in such penalties and with such conditions and security as the Board of Directors shall require.
Appears in 2 contracts
Samples: Agreement and Plan of Reorganization (Ibs Interactive Inc), Agreement and Plan of Reorganization (Infonautics Inc)