Common use of GRATUITIES AND PENSIONS Clause in Contracts

GRATUITIES AND PENSIONS. 11. (a) The Directors may exercise the powers of the Company conferred by Clause 3(t) of the Memorandum of Association of the Company and shall be entitled to retain any benefits received by them or any of them by reason of the exercise of any such powers.

Appears in 1 contract

Samples: Cinergy Corp

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GRATUITIES AND PENSIONS. 1110. (a) The Directors may exercise the powers of the Company conferred by Clause 3(t4(f) of the Memorandum of Association of the Company and shall be entitled to retain any benefits benefit received by them or any of them by reason of the exercise of any such powers.

Appears in 1 contract

Samples: RSL Communications PLC

GRATUITIES AND PENSIONS. 11. (a) 15.1 The Directors may exercise the powers of the Company conferred by Clause 3(tclause 3(ii)(s) of the Memorandum of Association of the Company and shall be entitled to retain any benefits received by them or any of them by reason of the exercise of any such powers.

Appears in 1 contract

Samples: Securities Purchase Agreement (Transworld Healthcare Inc)

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GRATUITIES AND PENSIONS. 11. (a) 11.1 The Directors may exercise the powers of the Company conferred by Clause 3(tclause 3(ii)(s) of the Memorandum of Association of the Company and shall be entitled to retain any benefits received by them or any of them by reason of the exercise of any such powers.

Appears in 1 contract

Samples: Securities Purchase Agreement (Transworld Healthcare Inc)

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