Common use of Powers of Directors Clause in Contracts

Powers of Directors. All corporate powers shall be exercised by or under the authority of, and the business and affairs of the Corporation shall be managed under the direction of, the Board of Directors, except as otherwise provided by the Articles of Incorporation.

Appears in 2 contracts

Sources: Merger Agreement (Luxottica Group Spa), Merger Agreement (Oakley Inc)

Powers of Directors. All corporate powers shall be exercised by or under the authority of, and the The business and affairs of the Corporation corporation shall be managed under by its board of directors which shall have and may exercise all such powers of the direction ofcorporation, subject to the restrictions imposed by law, the Board articles of Directorsincorporation, except as otherwise provided by the Articles of Incorporationor these bylaws.

Appears in 1 contract

Sources: Merger Agreement (Promedco Management Co)

Powers of Directors. All corporate powers shall be exercised by or under the authority of, and the The business and affairs of the Corporation shall be managed by or under the direction of, of the Board of Directors, except as otherwise provided which shall exercise all powers that may be exercised or performed by the Corporation subject to any limitations set forth by statute, the Articles of IncorporationOrganization or these Bylaws.

Appears in 1 contract

Sources: Merger Agreement (Lojack Corp)

Powers of Directors. All corporate powers shall be exercised by or under the authority of, and the The business and affairs of the Corporation shall be managed by or under the direction ofof the Board, which may exercise all the Board powers of Directorsthe Corporation except such as are by applicable law, except as otherwise provided by the Articles of IncorporationIncorporation or these By-laws required to be exercised or performed by the shareholders.

Appears in 1 contract

Sources: Annual Report

Powers of Directors. All corporate powers The Board of Directors ---------- ------------------- shall be exercised by or under the authority of, and manage the business and affairs of the Corporation shall be managed under the direction ofand, the Board of Directorssubject to any restrictions imposed by law, except as otherwise provided by the Articles of Incorporation, or by these Bylaws, may exercise all the powers of the Corporation.

Appears in 1 contract

Sources: Merger Agreement (Alrenco Inc)

Powers of Directors. All corporate powers shall be exercised by or under the authority of, and the business and affairs of the Corporation shall be managed under the direction of, the Board of Directors, except as otherwise provided by the Amended and Restated Articles of IncorporationIncorporation or required by law.

Appears in 1 contract

Sources: Merger Agreement (Pemi Bancorp Inc)