Establishment of Board Sample Clauses

Establishment of Board. The Member hereby establishes a Board of Directors (the “Board”) to be comprised of such number of directors (“Directors”) as shall be determined as set forth in this Section 6.1. The initial number of Directors shall be three (3). The number of Directors may be changed from time to time by the Member; provided, however, that pursuant to a resolution adopted by the Board, the number of Directors may be increased and a Director(s) may be appointed to the Board to fill the vacancy created by such increase.
AutoNDA by SimpleDocs
Establishment of Board. The Board is hereby established to administer and oversee the operation and maintenance of the Fire Department. The Board shall be the governing body of the Fire Department, subject to the provisions of this Agreement and the rights and obligations of Parma and Sandstone as more particularly described herein.
Establishment of Board. (1) For the purposes of this Act and of the Agreement, there shall be an Anglo-Australian Telescope Board.
Establishment of Board. The POOL shall have a Board of Directors, which shall, among other duties, determine the general policy of the POOL. Each MEMBER shall be entitled to appoint one DIRECTOR to the BOARD.
Establishment of Board a. There is hereby established a governing Board for the Lab consisting of the following: The Police Chief of each Party, or his/her authorized designee and the Cumberland County Sheriff or his/her authorized designee. The Portland Police Chief shall serve as the chair of the Board through occupancy of the Lab; within 60 days after issuance of a final certificate of occupancy, the Board shall elect its Chair pursuant to the Board’s policies and procedures.
Establishment of Board. For the purpose of accomplishing the objectives and intents of this agreement, the participants hereto establish the Red River Watershed Management Board. The geographical jurisdiction of the Board shall be coextensive with the geographical boundaries of eligible taxing authority counties within each of the participants to this agreement.
AutoNDA by SimpleDocs
Establishment of Board. The Partnership will establish a Board of the constituent bodies (including groups of bodies) to oversee and provide strategic direction, establish priorities and set targets for the Partnership. Composition of the Board The Board will comprise up to two members from the constituent bodies with Full membership and one member from those bodies with Associate membership. The board will be drawn from the non executive membership of the constituent bodies. The Board will be supported by an Executive group drawn from the staff of the constituent bodies. Appointment of Members Appointments to the Board shall be made by the constituent bodies or groupings of bodies to take effect from the date of commencement of this Agreement. Each of the members appointed to the Board shall hold office for the duration of this Agreement. If any person ceases to represent their constituent bodies the appointing constituent body shall, as soon as possible, appoint a member in that person’s place. The proceedings of the Board shall not be invalidated by any vacancy or vacancies among its members or by any defect in the method of appointment of any of its members. Any member of the Board may be represented at any meeting of the Board by a substitute member of the same constituent body (other than an existing member of the Board) appointed by that body as a substitute for that member. A substitute member shall have the same status and powers at a meeting of the Board as the member would have had at that meeting.
Establishment of Board. 11 4.2 Number and Election of Board Members; Term of Office.................................................... 11 4.3
Establishment of Board. Subject to Section 4.7 and to the provisions of this Agreement relating to actions required to be approved by the Members or one or more specified Members, the business and affairs of the Company shall be managed by or under the direction of a committee of managers comprised of natural persons (the "Board" and the members of the Board, the "Board Members"). The Board Members shall perform their managerial duties in good faith, in a manner they reasonably believe to be in the best interests of the Company and its Members, and with such care, including reasonable inquiry, as an ordinarily prudent person in a like position would use under similar circumstances. A Board Member who so performs the duties of a Board Member shall not have any liability by reason of being or having been a Board Member.
Time is Money Join Law Insider Premium to draft better contracts faster.