Common use of Appointments to the Board Provisions Clause in Contracts

Appointments to the Board Provisions. 4.1 The contribution of experienced directors is vital. Boards also need new directors who can provide an independent challenge to long-standing practices and thinking. Accordingly, Council Members who are Directors may serve in that capacity for as long as they continue to be elected as Council Members. Similarly, the Council shall (as shareholder) be mindful of its duty to appoint Directors who can provide experience, as well as an independent challenge to long-standing practices and thinking.

Appears in 5 contracts

Samples: Governance Agreement, Governance Agreement, Governance Agreement

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