The Board of Directors may authorize any officer or officers, or agent or agents, to enter into contract, or to execute and deliver any instrument in the name of and on behalf of the corporation. Such authority may be general or confined to specific instances. Except as otherwise provided in these Bylaws and except as from time to time authorized by the Board of Directors, no officer, agent, or employee shall have power or authority to bind the corporation by any contract or engagement, or to pledge its credit, or to render it liable pecuniaryly for any purpose or in any amount.

