Board of Directors of Pirelli Sample Clauses

Board of Directors of Pirelli. The Renewal Shareholders Agreement provides that the Board of Directors of Pirelli to be appointed on the date of the approval of the balance sheet of the Company as at December 31, 2019 shall remain in office for a period of three financial years until the date of approval of the balance sheet of the Company as at December 31, 2022, shall be composed of up to 15 members, 8 of whom independent and shall be appointed through a slate-voting mechanism which shall ensure the following composition: 3 directors will be designated by the minority slates and 12 directors by the majority slate, at least 5 of whom to be independent. In particular: - the slate to be presented by CNRC will include Xx. Xxxxx Xxxxxxxxxx Provera, 1 non-independent candidate and 1 independent candidate designated by MTP; - the other 9 candidates including the Chairman will be designated by CNRC; - the additional three candidates at position 13, 14 and 15 of the slate will be indicated by CNRC. All independent directors of Pirelli shall have the requisites of independence prescribed for directors of listed companies by Law and by the Corporate Governance Code (“Codice di Autodisciplina”). Should a director designated by the majority slate, resign or otherwise cease for any reason whatsoever to hold his/her office, the replacement shall be indicated by the relevant designating party of such director. Moreover, should it be necessary to appoint a new board of directors during the Term (as defined below), CNRC will deposit a slate in accordance with Pirelli By-laws and vote (or cause to be voted, as the case may be) in the shareholders’ meeting called for the appointment of the new board of directors, in favor of such slate. MTP undertakes to cause CF to vote in favor of the list presented by CNRC.
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Board of Directors of Pirelli. The New Shareholders Agreement provides that from August 31, 2017 the Board of Directors of Pirelli shall be composed of 14 members, 7 of whom independent and that an additional independent director, to be appointed by the minority shareholders at the first shareholders’ meeting of Pirelli following the Date of Completion of the IPO (May 15, 2018), shall be added to the same board. Following such addition, the New Shareholders Agreement provides that the Board of Directors of Pirelli is composed of 15 members (8 of which are independent) as follows, with candidates of the less represented gender distributed proportionally among the following points (i), (ii) and (iii):
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Board of Directors of Pirelli. The Renewal Shareholders Agreement provides that the Board of Directors of Pirelli to be appointed on the date of the approval of the balance sheet of the Company as at December 31, 2022 shall remain in office for a period of three financial years until the date of approval of the balance sheet of the Company as at December 31, 2025, shall be composed of up to 15 members, 8 of whom independent and shall be appointed through a slate-voting mechanism which shall ensure the following composition: 3 directors will be designated by the minority slates and 12 directors by the majority slate, at least 5 of whom to be independent. In particular the slate to be presented by CNRC will include:
Sample 1

Related to Board of Directors of Pirelli

  • Board of Directors The Board of Directors of the Company is comprised of the persons set forth under the heading of the Pricing Prospectus and the Prospectus captioned “Management.” The qualifications of the persons serving as board members and the overall composition of the board comply with the Exchange Act, the Exchange Act Regulations, the Xxxxxxxx-Xxxxx Act of 2002 and the rules promulgated thereunder (the “Xxxxxxxx-Xxxxx Act”) applicable to the Company and the listing rules of the Exchange. At least one member of the Audit Committee of the Board of Directors of the Company qualifies as an “audit committee financial expert,” as such term is defined under Regulation S-K and the listing rules of the Exchange. In addition, at least a majority of the persons serving on the Board of Directors qualify as “independent,” as defined under the listing rules of the Exchange.

  • Leave, Board of Directors A nurse who is elected to the Board of Directors of the Ontario Nurses' Association, other than to the office of President, shall be granted upon request such leave(s) of absence as she or he may require to fulfill the duties of the position. Reasonable notice - sufficient to adequately allow the Hospital to minimize disruption of its services shall be given to the Hospital for such leave of absence. Notwithstanding Article 10.04, there shall be no loss of seniority or service for a nurse during such leave of absence. Leave of absence under this provision shall be in addition to the Union leave provided in Article 11.02

  • Board “Board” means the Board of Directors of the Company.

  • The Board 6.1 The appointment, dismissal and conduct of the Board shall be regulated in accordance with this agreement and the Articles.

  • Management Board 6.1 The Management' Board is responsible for the overall strategic direction of the Integrated Service. Its functions and terms of references are set out in Schedule 3 Part I to this Agreement. REGIONAL ADOPTION SERVICE MANAGER

  • Executive Committee (A) The Executive Committee shall be composed of not more than nine members who shall be selected by the Board of Directors from its own members and who shall hold office during the pleasure of the Board.

  • Board of Trustees 2.1.1 The Board of Trustees will be comprised of 9 voting members that include 5 CUPE employee representatives and 4 employer representatives, including the Crown. The Board of Trustees will include among its members 2 independent experts, 1 appointed by the employer representatives and 1 appointed by the employee representatives. CUPE will be responsible for the appointment and termination of the employee Trustees, and the employer representatives will be responsible for the appointment and termination of the employer Trustees.

  • Governing Board The School shall be governed by a board (the “Charter Board”) in a manner that is consistent with the terms of this Certificate so long as such provisions are in accordance with state, federal, and local law. The Charter Board shall have final authority and responsibility for the academic, financial, and organizational performance of the School. The Charter Board shall also have authority for and be responsible for policy and operational decisions of the School, although nothing herein shall prevent the Charter Board from delegating decision-making authority for policy and operational decisions to officers, employees and agents of the School, as well as third party management providers.

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