Appointment of Treasurer Sample Clauses

Appointment of Treasurer. The Board shall annually appoint a treasurer who shall not be a member of the Board. The Board shall require that a bond be executed in the manner provided for community college district treasurers in the Illinois Public Community College Act (110 ILCS 805/3-18). 1.8.4.3
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Appointment of Treasurer. Consultant appoints the person designated in Exhibit A to serve as the Compact’s Treasurer. The designation of the Treasurer shall be subject to the review, approval and election by the Compact’s Governing Board. Consultant and Treasurer agree that the Treasurer shall abide by all provisions of the Joint Powers Agreement of the Compact, as in effect as of April 12, 2017, and as may be amended from time to time (the “JPA”). Consultant and Treasurer each understand and agree that the Treasurer shall perform the Services in accordance with the votes of the Compact’s Governing Board (with the guidance and direction of the JPE Administrator in accordance with such votes), which may occur after execution of this Agreement. Consultant and the Treasurer each understand and agree that the Treasurer shall be primarily responsible for the performing the Services. Unless approved by the Compact’s Governing Board, only administrative or clerical tasks set forth in Exhibit A or administrative or clerical tasks related thereto may be performed by other Consultant staff. Consultant shall also designate a person to serve as Assistant Treasurer in the event that the Treasurer is unavailable due to disability, prolonged or extended absence from work, termination from employment or emergency circumstances. The designation of the Assistant Treasurer shall be subject to the review, approval and election by the Compact’s Governing Board. The Assistant Treasurer shall be bound by all provisions applicable to the Treasurer under this Agreement. In addition, Consultant understands and agrees that the Treasurer designated by Consultant and approved by the Compact’s Governing Board in accordance with Section 2.1 serves at the pleasure of the Governing Board. Consultant agrees and acknowledges that at any time, the Governing Board may vote to remove the Treasurer and vote to appoint another employee of Consultant to serve as Treasurer, or may vote to terminate this Agreement and appoint another Treasurer.
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Appointment of Treasurer. The Board shall appoint a Treasurer to receive and hold all contributions described in Articles 8 and 10 and other funds of the Group as provided in this Article 9. The Treasurer shall be required to obtain a fidelity bond for himself/herself from a bonding company licensed to do business in Massachusetts in an amount designated by the Board. The premium expense for said bond shall be paid by the Group. The Board agrees not to collect, or cause to be collected, from such bond, any loss, judgement, fee, penalty or like charge, unless such loss was directly caused by the Treasurer’s own acts of malfeasance which include, fraud, embezzlement, misappropriation of funds or any other intentional and illegal act. All costs, legal and otherwise, associated with defending such claims, or costs associated with such claims that are assessed to the Treasurer by his surety, shall be reimbursed to the Treasurer by the Board, unless such loss was directly caused by the Treasurer’s own acts of malfeasance which include, fraud, embezzlement, misappropriation of funds or any other intentional and illegal act.
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Appointment of Treasurer. The Board may appoint a Treasurer and an Assistant Treasurer to receive and hold all contributions described in Articles 8 and 9 and other funds of the Group as provided in this Article 10. The Treasurer shall be required to obtain a fidelity bond for himself/herself and for the Assistant Treasurer in an amount designated by the Board. The premium expense for said bond shall be paid by the Group.
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Appointment of Treasurer. The Board may appoint a Treasurer and an Assistant Treasurer to receive and hold all contributions described in Articles 8 and 9 and other funds of the Group as provided in this Article 10. For at least thru FY 2009 the Plymouth County Treasurer shall be appointed by the Board to be the treasurer for the group. The Treasurer shall be required to obtain a fidelity bond for himself/herself and for the Assistant Treasurer in an amount and terms designated by the Board. The premium expense for said bond shall be paid by the Group.
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Appointment of Treasurer. The Treasurer shall serve on a substantially full-time basis.
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Related to Appointment of Treasurer

  • Appointment of Director The Company, subject to the requisite prior-approval of the Board of Directors, hereby:

  • Appointment of Manager Owner hereby engages and retains Manager as the manager and as tenant coordinating agent of the Properties, and Manager hereby accepts such appointment on the terms and conditions hereinafter set forth; it being understood that this Management Agreement shall cause Manager to be, at law, Owner’s agent upon the terms contained herein.

  • Appointment of Trustee The Depositor hereby appoints the Trustee as trustee of the Trust, effective as of the date hereof, to have all the rights, powers and duties set forth herein.

  • Appointment of the Manager The Trust is engaged in the business of investing and reinvesting its assets in securities of the type and in accordance with the limitations specified in its Declaration of Trust, as amended and supplemented from time to time, By-Laws (if any) and Registration Statement filed with the Securities and Exchange Commission (the "Commission") under the 1940 Act and the Securities Act of 1933 (the "Securities Act"), including any representations made in the prospectus and statement of additional information relating to the Funds contained therein and as may be amended or supplemented from time to time, all in such manner and to such extent as may from time to time be authorized by the Trust's Board of Trustees (the "Board"). The Board is authorized to issue any unissued shares in any number of additional classes or series. The investment authority granted to the Manager shall include the authority to exercise whatever powers the Trust may possess with respect to any of its assets held by the Funds, including, but not limited to, the power to exercise rights, options, warrants, conversion privileges, redemption privileges, and to tender securities pursuant to a tender offer, and participate in class actions and other legal proceedings on behalf of the Funds. The Trust hereby appoints the Manager, subject to the direction and control of the Board, to manage the investment and reinvestment of the assets in the Funds and, without limiting the generality of the foregoing, to provide the other services specified in Section 2 hereof. The Trust hereby appoints the Manger to provide the Fundlevel duties and services as set forth in Section 2(b) hereof, for the compensation and on the terms herein provided, and the Manager hereby accepts such appointment. Each new investment portfolio established in the future by the Trust shall automatically become a "Fund" for all purposes hereunder as if it were listed on Schedule A, absent written notification to the contrary by either the Trust or the Manager.

  • APPOINTMENT OF SUB-ADMINISTRATOR The Advisor hereby appoints the Sub-Administrator to act as administrator with respect to the Corporation for purposes of providing certain administrative services for the period and on the terms set forth in this Agreement. The Sub-Administrator accepts such appointment and agrees to render the services stated herein. The Corporation currently consists of the Fund(s) and their respective classes of shares as listed in Schedule A to this Agreement. In the event that the Corporation establishes one or more additional Fund(s) with respect to which the Advisor wishes to retain the Sub-Administrator to act as administrator hereunder, the Advisor shall notify the Sub-Administrator in writing. Upon written acceptance by the Sub-Administrator, such Fund(s) shall become subject to the provisions of this Agreement to the same extent as the existing Fund, except to the extent that such provisions (including those relating to compensation and expenses payable by the Advisor) may be modified with respect to such Fund in writing by the Advisor and the Sub-Administrator at the time of the addition of such Fund.

  • Appointment of Administrators (a) The Administrators shall be appointed by the Holder of the Common Securities and may be removed by the Holder of the Common Securities or may resign at any time. Upon any resignation or removal, the Holder of the Common Securities shall appoint a successor Administrator. Each Administrator shall execute this Trust Agreement thereby agreeing to comply with, and be legally bound by, all of the terms, conditions and provisions of this Trust Agreement. If at any time there is no Administrator, the Property Trustee or any Holder who has been a Holder of Trust Securities for at least six months may petition any court of competent jurisdiction for the appointment of one or more Administrators.

  • APPOINTMENT OF SUB-ADVISER The Adviser hereby appoints the Sub-Adviser to act as sub-adviser to the Portfolio(s), subject to the supervision and oversight of the Adviser and the Trust Board, and in accordance with the terms and conditions of this Agreement. The Sub-Adviser will be an independent contractor and will have no authority to act for or represent the Adviser or the Trust in any way or otherwise be deemed an agent of the Adviser or the Trust, except as expressly authorized in this Agreement or another writing by the Adviser or the Trust and the Sub-Adviser.

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