ACTION OF THE BOARD. Except for the reference in Section 1(a), any reference in this Agreement to the Board shall include the Compensation Committee thereof and any officers of the Company to which the Board or the Compensation Committee thereof has by resolution delegated any explicit authority or responsibilities with respect to this Agreement.
ACTION OF THE BOARD. In the event that the disability of the Superintendent is a Long Term or Permanent Disability, as defined in subparagraph (b) of Section 4.2, the Board, may, in its discretion, and upon a re-determination of disability under subparagraph (c), terminate this Contract by providing the Superintendent with written notice of such termination.
ACTION OF THE BOARD. Except as otherwise specified in this Agreement, any action of the Board shall require a vote of a majority of the Board.
ACTION OF THE BOARD. Except as otherwise provided in this Agreement or expressly agreed by a majority of Managers, all actions of the Board require the vote or consent of a majority of the Managers.
ACTION OF THE BOARD. All actions of the Board shall require the affirmative vote of at least a majority of the Board. Any action required or permitted to be taken at any meeting of the Board may be taken without a meeting if a consent in writing, setting forth the actions so taken, shall be signed by all of the then-appointed Managers. A copy of any such written consent will be kept in the books and records of the Company and shall be provided to any member of the Board promptly upon request.
ACTION OF THE BOARD. A majority of the total number of votes on the Board shall be required for a Board action.
ACTION OF THE BOARD. The vote of a majority of the Managers present in person shall be required for approval of any action taken at a meeting of the Board at which a quorum is present in person.
ACTION OF THE BOARD. At all meetings of the Board and in case of any actions of the Board, a majority of the votes of the directors elected at the time of the vote shall be an act of the Board; provideD, however, that for purposes of such meetings and actions of the Board, (i) each Common Director shall have one (1) vote and (ii) for the Class A Director(s), (w) in the event the holders of the Class A Common Stock have elected one (1) Class A Director at the time of the vote, such Class A Director shall have four (4) votes; (x) in the event the holders of the Class A Common Stock have elected two (2) Class A Directors at the time of the vote, each Class A Director shall have two (2) votes; (y) in the event the holders of the Class A Common Stock have elected three (3) Class A Directors at the time of the vote, the Class A Director first elected (or first nominated in the event that the three (3) Class A Directors were elected simultaneously) shall have two (2) votes and the other Class A Directors shall have one (1) vote each; and (z) in the event the holders of the Class A Common Stock have elected four (4) Class A Directors at the time of the vote, each such Class A Director shall have one (1) vote.
ACTION OF THE BOARD. The Shareholders agree that each will take all actions as a member of the Board of Directors of the Ets. Brancher or the Companies in accordance with the terms of this Restructure Agreement and the Amended Venture Agreement consistent with the terms set forth in the Company Statutes of Ets. Brancher or the Companies and applicable laws.
ACTION OF THE BOARD.
A. After due notice as required by RSA 676:4 I (d), the Planning Board shall hold a public hearing within thirty (30) days of accepting an application for Final Review. The applicant and abutters shall be notified of said hearing in fashion consistent with RSA 676:4 (g).
B. The Board must act to approve, modify, and approve or disapprove a plat within ninety (90) days of the acceptance of the complete submission unless the time for action has been extended an additional ninety (90) days by the Selectmen or unless the applicant has waived the requirement for action within the time periods specified herein; and consent to such extension is agreeable to both parties. If the Board fails to act and has obtained no extension from the Selectmen or waiver from the applicant, then said applicant may obtain from the Selectmen an order directing the Board to act within fifteen (15) days. Failure of the Board to act upon such order of the Selectmen, shall constitute grounds for the Superior Court, upon petition of the applicant, to issue an order approving the application, if the court determines that the proposal complies with existing subdivision regulations and zoning and other ordinances.
C. The approved final design plat shall be recorded with the Registrar of Deeds, Hillsborough County, prior to any sale or transfer of land within the subdivision. The recording of such approved plats shall, without further action, modify the official map of the Town of Amherst. Such recording shall not constitute acceptance by the Town of any street, easement, or open space shown thereon.
D. No street or open space will be accepted by the Town until such time as all improvements have been carried out as shown on the final plat, in accord with the requirements of these regulations, subject to any conditions established by the Planning Board at the time of final design plat approval and compliance with all State and local regulations applicable thereto. Acceptance shall then take place only upon the acceptance by the Selectmen of the Town of a Warranty Deed to the premises so dedicated.
