Reserved Authority. Notwithstanding any other provisions of this Agreement, it is understood that the business and affairs of the Company shall be managed by its Board of Directors, and, to the extent delegated by such Board, by its appropriately designated officers. The Board of Directors and officers of Administrator shall not have any management prerogatives with respect to the business affairs and operation of the Company.
Appears in 3 contracts
Sources: Lease Agreement (Erie Indemnity Co), Lease Agreement (Erie Indemnity Co), Services Agreement (Erie Indemnity Co)