Common use of Execution of Contracts Clause in Contracts

Execution of Contracts. In addition to the authority afforded to the Chief Executive Officer and President pursuant to Sections 6.3 and 6.5, respectively, contracts, documents or instruments in writing that require the signature of the Company and that have been authorized under this Agreement or by the Board may be signed by any Officer authorized to sign pursuant to a resolution of the Board. The term "contracts, documents or instruments in writing" as used in this Agreement shall include deeds, pledges, mortgages, hypothecations, charges, conveyances, leases, licenses, transfers and assignments of property, real or personal, immoveable or moveable, agreements, releases, receipts and discharges for the payment of money or other obligations, conveyances, transfers and assignments of shares, warrants, bonds, notes, debentures or other securities and any instrument in writing.