Common use of Lines of Succession Clause in Contracts

Lines of Succession. The Board, either before or during any such emergency, may provide, and from time to time modify, lines of succession in the event that during such an emergency, any or all directors, officers, employees or agents of the Company shall, for any reason, be rendered incapable of discharging their duties.

Appears in 3 contracts

Samples: Operating Agreement (LG&E & KU Energy LLC), Operating Agreement (E on Ag), Operating Agreement (E on Ag)

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Lines of Succession. The BoardBoard of Directors, either before or during any such emergency, may provide, and from time to time modify, lines of succession in the event that during such an emergency, emergency any or all directors, officers, employees officers or agents of the Company shall, corporation shall for any reason, reason be rendered incapable of discharging their duties.

Appears in 1 contract

Samples: Patent Sale and Purchase Agreement (Fidelity Holdings Inc)

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Lines of Succession. The BoardBoard of Directors, either before or during any such emergency, may provide, and from time to time modify, lines of succession in the event that during such an emergency, emergency any or all directors, officers, employees officers or agents of the Company shall, Corporation shall for any reason, reason be rendered incapable of discharging their duties.

Appears in 1 contract

Samples: Merger Agreement (First Security Group Inc/Tn)

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