Common use of Board Members Clause in Contracts

Board Members. The Board of Directors shall have the following ten, appointed directors: (1) the Secretary of the United States Department of the Treasury, or his/her delegate, who shall serve ex officio; (2) the Secretary of Finance and Public Credit of Mexico, or his/her delegate, who shall serve ex officio; (3) the Administrator of the Environmental Protection Agency of the United States, or his/her delegate, who shall serve ex officio; (4) the Secretary of the Environment and Natural Resources of Mexico, or his/her delegate, who shall serve ex officio; (5) the Secretary of the United States Department of State, or his/her delegate, who shall serve ex officio; (6) the Secretary of the Ministry of External Affairs of Mexico, or his/her delegate, who shall serve ex officio; (7) a representative of one of the U.S. border states, appointed by the United States in such manner as it may determine; (8) a representative of one of the Mexican border states, appointed by Mexico in such manner as it may determine; (9) a member of the United States public who is a resident of the border region, appointed by the United States in such manner as it may determine; and (10) a member of the Mexican public who is a resident of the border region, appointed by Mexico in such manner as it may determine. Each of the Parties, on an alternating basis, shall select one of the directors as Chairperson of the Board of Directors for a one-year term.

Board Members. The Board of Directors shall have the following ten, appointed directors: (1) the Secretary of the United States Department of the Treasury, or his/her delegate, who shall serve ex officio; (2) the Secretary of Finance and Public Credit of Mexico, or his/her delegate, who shall serve ex officio; (3) the Administrator of the Environmental Protection Agency of the United States, or his/her delegate, who shall serve ex officio; (4) the Secretary of the Environment and Natural Resources of Mexico, or his/her delegate, who shall serve ex officio; (5) the Secretary of the United States Department of State, or his/her delegate, who shall serve ex officio; (6) the Secretary of the Ministry of External Foreign Affairs of Mexico, or his/her delegate, who shall serve ex officio; (7) a representative of one of the U.S. border states, appointed by the United States in such manner as it may determine; (8) a representative of one of the Mexican border states, appointed by Mexico in such manner as it may determine; (9) a member of the United States public who is a resident of the border region, appointed by the United States in such manner as it may determine; and (10) a member of the Mexican public who is a resident of the border region, appointed by Mexico in such manner as it may determine. Each of the Parties, on an alternating basis, shall select one of the directors as Chairperson of the Board of Directors for a one-year term.