Articles of Association PDF - Anglo American

76 Appointment of executive Directors76.1 The Directors may from time to time appoint one or more of their body to be the holder ofany executive office (including, where considered appropriate, the office of Chairman orDeputy Chairman or Vice-Chairman) on such terms and for such period as they may(subject to the provisions of the Statutes) determine and, without prejudice to the terms ofany contract entered into in any particular case, may at any time revoke or vary the termsof any such appointment.76.2 The appointment of any Director to the office of Chairman or Deputy Chairman or Vice-Chairman or Managing or Joint Managing or Deputy or Assistant Managing Director shallautomatically determine if he ceases to be a Director but without prejudice to any claim fordamages for breach of any contract of service between him and the Company.76.3 The appointment of any Director to any other executive office shall not automaticallydetermine if he ceases from any cause to be a Director, unless the contract or resolutionunder which he holds office shall expressly state otherwise, in which event suchdetermination shall be without prejudice to any claim for damages for breach of anycontract of service between him and the Company.77 Powers of executive DirectorsThe Directors may entrust to and confer upon any Director holding any executive officeany of the powers exercisable by them as Directors upon such terms and conditions andwith such restrictions as they think fit, and either collaterally with or to the exclusion oftheir own powers, and may from time to time revoke, withdraw, alter or vary all or any ofsuch powers.78 Not used79 RetirementAPPOINTMENT AND RETIREMENT OF DIRECTORSAt each Annual General Meeting all those Directors who have been in office for threeyears or more since their election or last re-election shall retire from office. In addition aDirector may at any Annual General Meeting retire from office and stand for re-election.80 Eligibility for re-electionA retiring Director shall be eligible for election or for re-election.81 Re-election of retiring DirectorThe Company at the meeting at which a Director retires under any provision of theseArticles may by Ordinary Resolution fill the office being vacated by electing thereto theretiring Director or some other person eligible for election. In default the retiring Directorshall be deemed to have been re-elected except in any of the following cases:(a)where at such meeting it is expressly resolved not to fill such office or a resolutionfor the re-election of such Director is put to the meeting and lost;A09099335/0.6/04 Mar 2008 - 26 -