Common use of Powers of Board of Directors Clause in Contracts

Powers of Board of Directors. The business of the corporation shall be managed by its board of directors which may exercise all such powers of the corporation and do all such lawful acts and things as are not by statute or by the Certificate of Incorporation or by these By-Laws directed or required to be exercised or done by the stockholders.

Powers of Board of Directors. The business of the corporation shall be managed by its board the Board of directors which Directors who may exercise all such the powers of the corporation and do all such lawful acts and things except as are not otherwise provided by statute or law, by the Certificate Articles of Incorporation Organization or by these By-Laws directed or required to be exercised or done Laws. In the event of a vacancy in the Board of Directors, the remaining Directors, except as otherwise provided by law, may exercise the stockholderspowers of the full Board until the vacancy is filled.