SUPERVISION BY BOARD OF DIRECTORS. The Advisor acknowledges that the Board of Directors of the Company is vested with the power, authority and responsibility for managing the business and affairs of the Company including, without limitation, its investment program. The Advisor acknowledges that any and all actions, whether supervisory or ministerial, taken pursuant to this Section 1 by the Advisor shall be subject to the continuous supervision of said Board of Directors.
Appears in 4 contracts
Samples: Investment Advisory (Amerus Life Holdings Inc), Investment Advisory (Amerus Life Holdings Inc), Investment Advisory (Amerus Life Holdings Inc)
