Common use of Powers of Executive Committee Clause in Contracts

Powers of Executive Committee. During the intervals between the meetings of the Board of Directors, unless otherwise determined from time to time by resolution passed by the whole Board of Directors, the Executive Committee shall possess and may exercise all the powers and authority of the Board of Directors in the management and direction of the business and affairs of the Corporation to the extent permitted by the DGCL, and may authorize the seal of the Corporation to be affixed to all papers which may require it, except that the Executive Committee shall not have power or authority in reference to:

Appears in 3 contracts

Samples: Agreement and Plan of Merger (HashiCorp, Inc.), Agreement and Plan of Merger (Martin Marietta Materials Inc), Agreement and Plan of Merger (Martin Marietta Materials Inc)

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Powers of Executive Committee. During the intervals between the meetings of the Board of Directors, unless otherwise determined from time to time by resolution passed by the whole Board of Directors, the Executive Committee shall possess and may exercise all the powers and authority of the Board of Directors in the management and direction of the business and affairs of the Corporation corporation to the extent permitted by the DGCLDelaware General Corporation Law, and may authorize the seal of the Corporation corporation to be affixed to all papers which may require it, except that the Executive Committee shall not have power or authority in reference to:

Appears in 1 contract

Samples: Agreement and Plan of Merger (Lycos Inc)

Powers of Executive Committee. During the intervals between the meetings of the Board of Directors, unless otherwise determined from time to time by resolution passed by the whole Board of Directors, the Executive Committee Committee, if elected, shall possess and may exercise all the powers and authority of the Board of Directors in the management and direction of the business and affairs of the Corporation Company, except as to the extent permitted by the DGCL, and may authorize the seal matters wherein action of the Corporation to be affixed to all papers which may require itBoard of Directors is specifically required by law, except that in such manner as the Executive Committee shall deem best for the interest of the Company in all cases in which specific directions shall not have power or authority in reference to:been given by the Board of Directors.

Appears in 1 contract

Samples: Polaroid Corp

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Powers of Executive Committee. During the intervals between the meetings of the Board of Directors, unless otherwise determined from time to time by resolution passed by the whole Board of Directors, the Executive Committee shall possess and may exercise all the powers and authority of the Board of Directors in the management and direction of the business and affairs of the Corporation to the extent permitted by the DGCLGeneral Corporation Law of the State of Delaware, and may authorize the seal of the Corporation to be affixed to all papers which may require it, except that the Executive Committee shall not have power or authority in reference to:

Appears in 1 contract

Samples: Agreement and Plan of Merger (Dova Pharmaceuticals Inc.)

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