Common use of Ownership of Stock of Another Corporation Clause in Contracts

Ownership of Stock of Another Corporation. The Chief Executive Officer or President, or such other officer or agent as shall be authorized by the Board, shall have the power and authority, on behalf of the Corporation, to attend and to vote at any meeting of stockholders or securityholders of any corporation or entity in which the Corporation holds stock or securities and may exercise, on behalf of the Corporation, any and all of the rights and powers incident to the ownership of such stock or securities at any such meeting, including the authority to execute and deliver proxies and consents on behalf of the Corporation.

Ownership of Stock of Another Corporation. The Chief Executive Officer Officer/Founder and Chairman Emeritus, the President or Presidentthe Chief Financial Officer, or such other officer or agent as shall be authorized by the BoardBoard of Directors, shall have the power and authority, on behalf of the Corporation, to attend and to vote at any meeting of stockholders or securityholders of any corporation or entity in which the Corporation holds owns stock or securities and may exercise, on behalf of the Corporation, any and all of the rights and powers incident to the ownership of such stock or securities at any such meeting, including the authority to execute and deliver proxies and consents on behalf of the Corporation.

Ownership of Stock of Another Corporation. The Chief ----------------------------------------- Executive Officer Officer, Chairman or Presidentthe Chief Operating Officer, or such other officer or agent as shall be authorized by the BoardBoard of Directors, shall have the power and authority, on behalf of the Corporation, to attend and to vote at any meeting of stockholders or securityholders of any corporation or entity in which the Corporation holds stock or securities and may exercise, on behalf of the Corporation, any and all of the rights and powers incident to the ownership of such stock or securities at any such meeting, including the authority to execute and deliver proxies and consents on behalf of the Corporation.