Common use of Subordinate Officers, Committees and Agents Clause in Contracts

Subordinate Officers, Committees and Agents. The board of directors may from time to time elect such other officers and appoint such committees, employees or other agents as the business of the corporation may require or the board of directors deems advisable, including one or more assistant secretaries, and one or more assistant treasurers, each of whom shall hold office for such period, have such authority, and perform such duties as are provided in these bylaws, or as the board of directors may from time to time determine. The board of directors may delegate to any officer or committee the power to elect subordinate officers and to retain or appoint employees or other agents, or committees thereof, and to prescribe the authority and duties of such subordinate officers, committees, employees or other agents.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Marlin Business Services Corp), Agreement and Plan of Merger (Blue Ridge Real Estate Co)

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Subordinate Officers, Committees and Agents. The board Board of directors Delegates may from time to time elect such other officers and appoint such committees, employees or other agents as the business of the corporation Consortium may require or the board of directors deems advisablerequire, including one (1) or more assistant secretariessecretaries (“Assistant Secretary”), and one (1) or more assistant treasurerstreasurers (“Assistant Treasurer”), each of whom shall hold office for such period, have such authority, and perform such duties as are provided in these bylaws, this Agreement or as the board Board of directors Delegates may from time to time determine. The board Board of directors Delegates may delegate to any officer or committee the power to elect subordinate officers and to retain or appoint employees or other agents, or committees thereof, thereof and to prescribe the authority and duties of such subordinate officers, committees, employees or other agents.

Appears in 1 contract

Samples: Northern Tier Insurance Consortium

Subordinate Officers, Committees and Agents. The board of directors Members may from time to time elect such other officers and appoint such committees, employees employees, or other agents as the business of the corporation Company may require or the board of directors deems advisable(including, including without limitation, one or more assistant secretaries, and one Assistant Secretaries or more assistant treasurersAssistant Treasurers), each of whom shall hold office for such period, have such authority, and perform such duties as are provided in these bylawsthis Operating Agreement, or as the board of directors Members may from time to time determine. The board of directors Members may delegate to any officer or committee the power to elect subordinate officers and to retain or appoint employees or other agents, or committees thereof, and to prescribe the authority and duties of such subordinate officers, committees, employees employees, or other agents.

Appears in 1 contract

Samples: Operating Agreement (Pxre Corp)

Subordinate Officers, Committees and Agents. The board of directors may from time to time elect such other officers and appoint such committees, employees or other agents as the business of the corporation may require or the board of directors it deems advisablenecessary, including one or more assistant secretaries, and one or more assistant treasurers, each of whom who shall hold office their offices for such period, have terms and shall exercise such authority, powers and perform such duties as are provided in these bylaws, or as the board of directors may from time to time determine. The board of directors may delegate to any officer or committee the power to elect subordinate officers and to retain or appoint employees or other agents, or committees thereof, and to prescribe the authority and duties of such subordinate officers, committees, employees or other agents.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Cephalon Inc)

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Subordinate Officers, Committees and Agents. The board ------------------------------------------- of directors may from time to time elect such other officers and appoint such committees, employees or other agents as the business of the corporation may require or the board of directors it deems advisablenecessary, including one or more assistant secretaries, and one or more assistant treasurers, each of whom who shall hold office their offices for such period, have terms and shall exercise such authority, powers and perform such duties as are provided in these bylawsBylaws, or as the board of directors may from time to time determine. The board of directors may delegate to any officer or committee the power to elect subordinate officers and to retain or appoint employees or other agents, or committees thereof, and to prescribe the authority and duties of such subordinate officers, committees, employees or other agents.

Appears in 1 contract

Samples: Bell Atlantic Corp

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