Common use of Other Committees of the Board Clause in Contracts

Other Committees of the Board. The Board of Directors may from time to time, by resolution adopted by a majority of the whole Board, designate one or more other committees of the Board, each such committee to consist of three (3) or more Directors and to have such powers and duties as the Board of Directors may, by resolution, prescribe. A majority of the members of the each such committee shall be Independent Directors.

Other Committees of the Board. The Board of Directors may from time to time, by By resolution adopted by a majority of the whole BoardDirectors in office, designate one or more the Board of Directors may establish other committees of the Board, each such committee to consist Board consisting of three (3) two or more Directors Directors, which committees shall have and to have such powers and duties as exercise the authority of the Board of Directors mayDirectors, to the extent provided in such resolution and subject to any limitations imposed by resolution, prescribe. A majority of law and subject to the members of the each such committee shall be Independent Directors.limitations and composition requirements that are imposed by Sections 3.1 and