Board Agreement Sample Clauses
A Board Agreement clause defines the terms and conditions governing the operation, responsibilities, and decision-making processes of a company's board of directors. It typically outlines how board meetings are called, voting procedures, quorum requirements, and the scope of authority granted to board members. By establishing clear rules for board governance, this clause helps prevent disputes, ensures effective oversight, and clarifies the roles and expectations of directors within the organization.
Board Agreement. The Board agrees:
1. To extend to the Association all rights and privileges extended to the public;
2. To provide a resolutions packet to the Association President or designee at the same time Board members receive them. The President shall also receive a copy of the Board adopted minutes.
3. To seek staff input prior to the designing/remodeling of instructional facilities;
4. To make available to the Association President all documentation of financial records which are public record.
Board Agreement. Directors of the TCA Board will have a firm commitment to the charter school philosophies of autonomy, entrepreneurism, and a high degree of parental involvement. The Board’s purpose is to ensure the implementation of the Mission, Vision, and Core Values of TCA through its Strategic Plan. Furthermore, Directors shall ▇▇▇▇▇▇ positive relationships with other Directors, school personnel, the school community and the community at large, oversee the financial stability of TCA, and deal with school related issues as prescribed in the Bylaws. The Board will govern with an emphasis on:
Board Agreement. No more than ½ of the credits applicable to salary steps beyond the BA and MA shall be in-service credits. In addition, a minimum of six (6) university credits must have been given by a university and not by a third party for a university.
Board Agreement. As a board of education, we understand the value and necessity of working together as a governance team. In order to effectively govern the school district, we have established the following expectations for the board and its members:
Board Agreement. The Board agrees that it will not, during the period of the Agreement, directly or 31 indirectly engage in or assist in any unfair labor practices as defined by Section 10 of the Public 32 Employment Relations Act. 33
Board Agreement. Immediately after Closing, the Acquiror shall enter into a written agreement with ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇ providing that he shall remain as director and chairman of the Acquiror’s Board of Directors with compensation of $5,000 per month for a period of 24 months, subject to his continued service and compliance with applicable director duties.
Board Agreement. ▇▇▇ agrees to provide each member of the board with the following: Access to the management of XYZ, as needed for proper operation of the board Ample notice of all meetings Minutes of all board meetings Relevant information to conduct his or her job as a board member To the extent allowed by law, indemnification from liability for a board member’s reasonable and necessary actions Reimbursement for reasonable expenses in conducting and attending to XYZ board business D&O insurance liability coverage Respect for his or her time The use of his or her talent effectively The board member agrees to do the following as an XYZ policy volunteer: Learn about XYZ, read financial reports and other XYZ documents, and keep up-to-date on XYZ programs, finances, and management. Attend as many board and committee meetings as practicable, and participate in all such meetings, using fair, independent judgment and due care in conducting the business of XYZ. Avoid all direct or indirect political campaign intervention (such as supporting or opposing candidates for public office) in the name of XYZ and when using XYZ assets. Contribute to the financial well-being of XYZ and seek financial support from others for XYZ as well. Avoid all conflicts of interest with XYZ. Be loyal to XYZ, always exercising board powers in the interest of XYZ, and not for the interest of yourself or others. Keep all XYZ matters confidential. Signed: _________________________ _________________________ XYZ Chief Executive Board Member Dated: _________________________ _________________________ This brief statement of understanding uses a series of “I will” statements.
Board Agreement. The Company and the Investor shall have entered into the Support, Voting, and Board Composition Agreement attached hereto as Exhibit A.