Performance of the Officers. The Officers shall be vested with the powers of management and representation of the Company as set forth by the Board of Directors in written proxies to be deposited with the relevant trade registry. The Board of Directors shall procure that such powers shall be exercised in accordance with said powers of attorney, the provisions of this Agreement, the provisions of the Subscription Agreement, the resolutions of the Shareholders Meetings and of the Board of Directors meetings, the Business Plan, the Articles of Association and applicable law.
Appears in 6 contracts
Samples: Shareholders Agreement (Telefonica Mobile Inc), Shareholders Agreement (Portugal Telecom SGPS Sa), Shareholders Agreement (Telefonica S A)
Performance of the Officers. The Officers shall may be vested with the powers of management and representation of the Company as set forth by the Managing Board of Directors in written proxies to be deposited with the relevant trade registry. The Managing Board of Directors shall procure that such powers shall be exercised in accordance with said powers of attorney, the provisions of this Agreement, the provisions of the Subscription Agreement, the resolutions of the Shareholders Meetings Meetings, the Supervisory Board and of the Managing Board of Directors meetings, the Business Plan, the Articles of Association and applicable law.
Appears in 1 contract
