to grant the managing director , engineer ugo erich govigli , without prejudice to everything set down in point (37) above, the following powers to be exercised with joint
signature of another proxy-holder of the company authorised for this purpose , withthe power to sub-delegate with joint signature among the subjects indicated below:
40)with joint signature of the finance and administration manager , Dr. Lucio fortunato, born in salerno on 7/12/1966 , or with the operations director , engineer armando sansarella, born in lucera (FG) on 9/11/1966 : to issue payment orders and checks on current accounts of the company with any bank , within the credit line or overdraft limit granted by the bank of third parties