Board Requirements Sample Clauses
Board Requirements. 1. The members of the Board shall initially serve staggered terms: three (3) members shall serve for three (3) years (two County Commissioners and one City representative); three (3) members shall serve for two (2) years (two City representatives and one County Commissioner); and the one (1) remaining at large member shall serve for one (1) year. At the end of the staggered terms, all members shall serve terms of three (3) years;
2. Any vacancies in appointed positions on the Board shall be filled by the governing body which appointed the vacating member;
3. The Board shall promptly meet, organize and elect from its membership a chairman, vice- chairman, secretary and treasurer;
4. Members of the Board shall receive no compensation, but shall be reimbursed for authorized travel/per diem; and
5. The Board shall meet monthly on date(s) as set forth in the Bylaws; upon written notification of the Chairman; or by written request of the majority of the Board members.
6. Special meetings shall be called as allowed per State Statute.
Board Requirements a. In addition to the licensure requirements established above, teachers must meet the following board requirements for continuing contract eligibility: • Completed at least eight (8) years of teaching experience before submitting the request for continuing contract. • At least five (5) years teaching experience in Olmsted Falls.
Board Requirements. Each board member should have or provide one or more of the following:
Board Requirements. The Investor acknowledges and agrees that, in a New Director’s capacity as a director of the Company, each New Director shall comply with the terms of the Company’s Articles of Association, committee charters, corporate governance, ethics, conflict of interest, confidentiality, share ownership and trading policies and guidelines and other governance documents, policies and procedures and applicable law, in each case as generally applicable to the Company’s directors, copies of which have been provided to the Investor and will be provided to each New Director, and a New Director shall be required to (i) disclose to the Board as soon as reasonably practicable the existence of any conflicts of interests between their role as a director of the Company and their role as a representative of the Investor in connection with any transactions or matters being considered by the Board (and abstain from voting or participating in any meetings of the Board on any such transactions or matters) and (ii) preserve the confidentiality of Company business and information, including discussions or matters considered in meetings of the Board or Board committees.
Board Requirements. The members of the Board shall initially serve staggered terms: three (3) members shall serve for three (3) years (two County Commissioner and one City Council representative, three (3) members shall serve for two (2) years (two City Council representatives and one County Commissioner); and the one (1) remaining at-large member shall serve for one (1) year; at the end of the staggered terms, all shall serve terms of three (3) years;
Board Requirements. The Investors acknowledge and agree that, in the New Director’s capacity as a director of the Company, the New Director shall comply with the terms of the Company’s Amended and Restated Certificate of Incorporation (as it may be amended or restated from time to time, the “Charter”), the Company’s Amended and Restated Bylaws (as it may be amended or restated from time to time, the “Bylaws”), committee charters, corporate governance, ethics, conflict of interest, confidentiality, stock ownership and trading policies and guidelines and other governance documents, policies and procedures and applicable law, in each case as generally applicable to the Company’s directors, and the New Director shall be required to preserve the confidentiality of Company business and information, including discussions or matters considered in meetings of the Board or Board committees. The Investors shall not, and shall cause their Affiliates and Associates not to, seek confidential Company information from the New Director.