Subject: but his appointment shall be subject to determination ipso facto law The directors may from time to time appoint one or more of theirbody to the office of managing director or manager for such term and at such remuneration (whether by way of salary, or commission, or participation in profits or partly in one way and partly in another) as they think fit, and a director so appointed shall not, while holding that office, be subject to retirement by rotation, or taken into account in determining the rotation of retirement of directors; but his appointment shall be subject to determination ipso facto if he ceases from any cause to be a director, or if the company in general meeting resolve that his tenure of the office of managing director or manager be determined. |
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link 13.09.2013 13:24 |
но его полномочия могут быть прекращены явочным порядком |
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