Common use of Assistant Officers Clause in Contracts

Assistant Officers. Unless otherwise provided by the Board of Directors, each Assistant Officer shall perform such duties as shall be prescribed by the Board of Directors, the Chairman of the Board, the President or the Officer to whom he/she is an Assistant. In the event of the absence or disability of an Officer or his/her refusal to act, his/her Assistant Officer shall, in the order of their rank, and within the same rank in the order of their seniority, have the powers and authorities of such Officer.

Appears in 2 contracts

Sources: Consolidation Agreement (BCB Financial Services Corp /Pa/), Agreement and Plan of Consolidation (Patriot Bank Corp)

Assistant Officers. Unless otherwise provided An assistant officer shall, in the absence of the officer to whom such person is an assistant or in the event of such officer’s inability or refusal to act (or, if there be more than one such assistant officer, the assistant officers in the order designated by the Board of Directors, each Assistant Officer shall perform such duties as shall be prescribed by the Board of Directors, the Chairman of the Board, or the President or the Officer to whom he/she is an Assistant. In the event of or, in the absence or disability of an Officer or his/her refusal to actany designation, his/her Assistant Officer shall, then in the order of their rankappointment), perform the duties and within the same rank in the order of their seniority, have exercise the powers and authorities of such Officerofficer. An assistant officer shall perform such other duties and have such other powers as the Board or the President may from time to time prescribe.

Appears in 2 contracts

Sources: Merger Agreement (Complete Genomics Inc), Merger Agreement (Complete Genomics Inc)

Assistant Officers. Unless otherwise provided Any assistant officers elected by the Board of Directors, each Assistant Officer Directors shall perform have such duties as shall may be prescribed by the Board of Directors, the Chairman Chief Executive Officer, or the officer to whom they are an assistant. Assistant officers shall perform the duties and have the power of the Board, the President or the Officer officer to whom he/she is they are an Assistant. In assistant in the event of the such officer's absence or disability of an Officer or his/her refusal to act, his/her Assistant Officer shall, in the order of their rank, and within the same rank in the order of their seniority, have the powers and authorities of such Officerdisability.

Appears in 2 contracts

Sources: Merger Agreement (Edison Schools Inc), Merger Agreement (Edison Schools Inc)

Assistant Officers. Unless otherwise provided by the Board of Directors, each Assistant Officer shall perform such duties as shall be prescribed by the Board of Directors, the Chairman of the Board, the President or the Officer to whom he/she is an Assistant. In the event of the absence or disability of an Officer officer, one or his/her refusal to actmore assistant officers shall perform all of the duties of the officer and, his/her Assistant Officer shallwhen so acting, in shall have all of the order of their rankpowers of, and within be subject to all the same rank in restrictions upon, the order officer. Assistant officers shall also perform such other duties as from time to time may be assigned to them by the Board of their seniority, have Directors or an officer. Assistant officers need not be officers of the powers Corporation and authorities shall not be deemed officers of such Officerthe Corporation unless elected by the Board of Directors.

Appears in 1 contract

Sources: Merger Agreement (Kraft Foods Group, Inc.)

Assistant Officers. Unless otherwise provided by the Board ----------- ------------------ of Directors, each Assistant Officer shall perform such duties as shall be prescribed by the Board of Directors, the Chairman of the Board, the President or the Officer to whom he/she is an Assistant. In the event of the absence or disability of an Officer or his/her refusal to act, his/her Assistant Officer shall, in the order of their rank, and within the same rank in the order of their seniority, have the powers and authorities of such Officer.

Appears in 1 contract

Sources: Consolidation Agreement (Heritage Bancorp Inc /Pa/)

Assistant Officers. Unless otherwise provided by the Board of Directors, each Assistant Officer shall perform such duties as shall be prescribed by the Board of Directors, the Chairman of the Board, the President or the Officer to whom he/she is an Assistant. In the event of the absence or disability of an Officer or his/her refusal to act, his/her Assistant Officer shall, in the order of their rank, and within the same rank in the order of their seniority, have the powers and authorities of such Officer.

Appears in 1 contract

Sources: Merger Agreement (First Jermyn Corp)