Common use of Board Chair Clause in Contracts

Board Chair. The Trustees shall annually elect one of their number to serve as their chair. The board chair shall hold such position until his or her successor is chosen and qualified, or until he or she sooner dies, resigns, is removed or becomes disqualified. The board chair shall hold such position at the pleasure of the Trustees. The board chair shall preside at all meetings of the Trustees at which he or she is present and shall perform any other duties and responsibilities prescribed from time to time by the Trustees. In the absence of the board chair, or in the event that such position is vacant, the Trustees present at any meeting shall designate one of their number to preside at such meeting. The board chair shall not be considered an officer of the Trust.

Appears in 7 contracts

Samples: Columbia Funds Trust Iv, Columbia Funds Trust Vi, Columbia Funds Trust Iii

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Board Chair. The Trustees shall annually elect one of their number to serve as their chair. The board chair Board Chair shall hold such position until his or her successor is chosen and qualified, or until he or she sooner dies, resigns, is removed or becomes disqualified. The board chair Board Chair shall hold such position at the pleasure of the Trustees. The board chair Board Chair shall preside at all meetings of the Trustees at which he or she is present and shall perform any other duties and responsibilities prescribed from time to time by the Trustees. In the absence of the board chairBoard Chair, or in the event that such position is vacant, the Trustees present at any the meeting shall designate one of their number to preside at such meeting. The board chair Board Chair shall not be considered an officer of the Trust.

Appears in 4 contracts

Samples: Columbia Funds Trust Viii, Columbia Funds Trust Ix, Steinroe Variable Investment Trust

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