Board of Trustees – Governance Sample Clauses

Board of Trustees – Governance. The Board of Trustees is responsible for the governance and management of the College pursuant to various statutory provisions of the Annotated Code of Maryland and as provided by the specific provisions of this MOU. This management responsibility of the Board includes, but is not limited to: the powers and duties to establish and abolish positions; determine employee qualifications; establish terms of employment, including compensation, benefits, holiday schedules, and leave policies, to determine any other matters concerning employees; and to designate one of more representatives to participate as a party in collective bargaining on behalf of the College in accordance with Title 3 of the State Personnel and Pension Article which gives the State through its appropriate Officers and employees the right to:
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Related to Board of Trustees – Governance

  • 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.

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