THE DIRECTORS of First Omaha Funds shall cause the officers and employees of First Omaha Funds, the adviser, legal counsel, independent accountants, custodian and transfer agent and other agents and representatives of the Funds to cooperate with the Administrator and to provide the Administrator, upon request, with such information, documents and advice relating to the Funds as is within the possession or knowledge of such persons, in order to enable the Administrator to perform its duties hereunder. In connection with its duties hereunder, the Administrator shall be entitled to rely, shall not be liable or responsible for any losses resulting from its reliance, and shall be held harmless by the Funds when acting in reliance, upon the instruction, advice, information or any documents relating to the Funds provided to the Administrator by any of the aforementioned persons or their representatives. Fees charged by such persons shall be an expense of the Funds. The Administrator shall be entitled to rely on any document which it reasonably believes to be genuine and to have been signed or presented by the proper party. The Administrator shall not be held to have notice of any change of authority of any officer, agent or employee of First Omaha Funds until receipt of written notice thereof from First Omaha Funds.
THE DIRECTORS. OFFICERS, EMPLOYEES OF STOCK-TRAK SHALL HAVE NO LIABILITY UNDER THIS AGREEMENT. THIS SECTION 8 SHALL APPLY FOR THE BENEFIT OF STOCK-TRAK 'S AFFILIATES, LICENSORS, AND SERVICE PROVIDERS, AND THEIR DIRECTORS, OFFICERS, EMPLOYEES.
THE DIRECTORS. Xxxxx Perrry Xxxxx, Jr.
THE DIRECTORS in the first meeting of the BOARD OF DIRECTORS, after the appointment by the general meeting of shareholders, elect the president of this body.
(1) In case of objective circumstances, which make impossible the presence of the ADMINISTRATOR at the meeting of the BOARD OF DIRECTORS, he is obliged to notify the CHAIRMAN of this body, in the most appropriate way about such a situation.
(2) In case of absence from any meeting, the ADMINISTRATOR is obliged to be informed at the next meeting, from the minutes about the problems, debates and decisions taken, proceeding accordingly.
(1) THE ADMINISTRATORS undertake to request that in each meeting of the BOARD OF DIRECTORS to be presented by the executive director / executives reports on the operative management of the company, on the situation and evolution of economic indicators, mainly those in relation to which it is assessed. the performance of the ADMINISTRATORS as well as regarding the way in which the decisions of the general meetings of shareholders are carried out, including those regarding the payment of dividends to the shareholders and to follow (control even by survey) the way in which they are carried out.
(2) THE ADMINISTRATORS participate, being able to have opinions different from those of the other administrators, in the elaboration of the annual management report of the BOARD OF DIRECTORS as well as in the one regarding the discharge at the end of the mandate conferred by this Agreement.
(1) The administrators, as proxies representing the COMPANY and as proxies without representation of the shareholders who appointed them have the obligation to decide (obligation of means), based on the analysis of the reports and reports of the executive management, the most appropriate and efficient measures to achieve the object of activity of the COMPANY, in conditions of increased efficiency and fulfillment of performance criteria.
THE DIRECTORS. SCHEDULE 4......................................................................* TENANCY..........................................................................* SCHEDULE 5......................................................................*
THE DIRECTORS. Name Address --------------------------------------- --------------------------------------- Zwi Williger 3 Nahal Snir Street Xxxxx 00000 Xxxxxx --------------------------------------- --------------------------------------- Joseph Williger 3 Nahal Snir Street Xxxxx 00000 Xxxxxx --------------------------------------- --------------------------------------- Gil Hochboim 3 Nahal Snir Street Yavne 81100 Xxxxxx --------------------------------------- ---------------------------------------
THE DIRECTORS. Director’s name Address
THE DIRECTORS. (2) (3) Name and address Position Maximum individual liability XXXXXXX XXXX XXXXXXXXX Chairman US$50,000 XXXXX XXXXX XXXXXXX Chief Executive Officer, US$416,000 President & Director XXXXX XXXXXXXX Director US$50,000 XX. XXXXXXX XXXXXXXX XXXXXX Director US$50,000 XXXXXX X XXXXXX Director US$50,000 XXXX XXXXXX XXXXXXX Director US$50,000 XXXXXXXX (XXXXX) XXXXX XXXXXXX Chief Financial Officer & US$290,000 Director all of 00000 Xxxxx Xxxxxxxx Xxxxx, Xxxxxxxx, Xxxxxxxxxx 00000, XXX PART A
THE DIRECTORS. The background and experience of the directors of the Investment Manager are as follows:
THE DIRECTORS. Director EXHIBIT C TO STOCK EXCHANGE AGREEMENT ESL PRO SYSTEMS INC. STATEMENT OF INCOME AND RETAINED EARNINGS as of May 27, 1998 Revenue $ 0 --------- Gross Profit $ 0 --------- Expenses $ 0 --------- Total Expenses $ 0 Income (Loss) before Income Taxes $ 0 Income Taxes $ 0 --------- Net Income (Loss) for the Year $ 0 Retained Earnings (Deficit), beginning of year $ 0 --------- Retained Earnings (Deficit), end of year $ 0 =========
