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3. Not Necessary to Affix Seal; Validity Not Affected by Officer No Longer
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Holding Office.
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(a) In the execution for the Bank in any capacity of any contract,
instrument, document, agreement or other writing, it shall not be necessary
to affix the seal of the Bank and such execution shall have the same force
and effect as if such seal had been affixed.
(b) The validity of any contract, instrument, document, or other
writing executed by an officer of the Bank and delivered by or on behalf of
an officer of the Bank in accordance with this resolution shall not be
affected by the failure, at the time of delivery, of the officer who
executed the document to hold the office held at the time of execution.
4. Officer Group Designations.
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As used herein the officer designations "Group I," "Group II," "Group III"
and "Group IV" consist of the officers listed below:
Group I Group III
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the Chairman of the Board the Chairman of the Board
the President the President
any Vice Chairman of the Board any Vice Chairman of the Board
any Vice Chairman any Vice Chairman
the Chief Operating Officer the Chief Operating Officer
the Chief Financial Officer the Chief Financial Officer
any Group Executive Vice President any Group Executive Vice
President
any Executive Vice President any Executive Vice President
any Senior Vice President any Senior Vice President
any Vice President any Vice President
any Assistant Vice President any Senior Authorized Officer
any Senior Authorized Officer the Secretary
any Senior Trust Officer
any Trust Officer
Group II Group IV
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the Secretary the Chairman of the Board
any Assistant Secretary the President
any Assistant Cashier any Vice Chairman of the Board
any Vice Chairman
the Chief Operating Officer
the Chief Financial Officer
any Group Executive Vice
President
any Executive Vice President
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