Common use of Board Rules and Procedure Clause in Contracts

Board Rules and Procedure. 1. The Board shall establish in writing from time to time rules and procedures for its functioning, provided however that: (a) the Chairman and Vice-Chairman shall be elected from amongst the members of the Board by secret ballot; (b) the election and replacement of the Chairman and the Vice-Chairman shall be by simple majority; (c) thirty days notice of meeting shall be given by mail, telephone or telegram, as appropriate; (d) seven members shall constitute a quorum; (e) decisions of the Board shall be by consensus wherever possible, and shall always require a majority voting in favour, with each member having one vote; (f) no voting by a proxy shall be allowed; (g) the Board shall hold formal meetings twice yearly or more often as necessary at the call of the Chairman; (h) the Board shall keep summary minutes and records of all its meetings and circu- late them amongst its members; (i) the Board may establish or dissolve standing committees as it deems necessary to carry out its functions, and set the terms of reference for such standing com- mittees, and (j) the Board members unable to be present at Board meetings shall receive notice of Board recommendations thirty (30) days in advance of submission to any min- ister for action, except where there is consent of all Board members in which case recommendation so the Minister(s) can be made forthwith.

Board Rules and Procedure. 1. The Board shall establish in writing from time to time rules and procedures for its functioning, provided however that: (a) the Chairman and Vice-Chairman shall be elected from amongst the members of the Board by secret ballot; (b) the election and replacement of the Chairman and the Vice-Chairman shall be by simple majority; (c) thirty days notice of meeting shall be given by mail, telephone or telegram, as appropriate; (d) seven eight members shall constitute a quorum; (e) decisions of the Board shall be by consensus wherever possible, and shall always require a majority voting in favour, with each member having one vote; (f) no voting by a proxy shall be allowed; (g) the Board shall hold formal meetings twice yearly or more often as necessary at the call of the Chairman; (h) the Board shall keep summary minutes and records of all its meetings and circu- late circulate them amongst its members; (i) the Board may establish or dissolve standing committees as it deems necessary to carry out its functions, and set the terms of reference for such standing com- mittees, committees; and (j) the Board members unable to be present at Board meetings shall receive notice of Board recommendations thirty (30) days in advance of submission to any min- ister minister for action, except where there is consent of all Board members in which case recommendation so to the Minister(s) can be made forthwith.

Board Rules and Procedure. 1. The Board shall establish in writing from time to time rules and procedures for its functioning, provided however that: (a) the Chairman Chair and Vice-Chairman Chair shall be elected from amongst the members of the Board by secret ballot; (b) the election and replacement of the Chairman Chair and the Vice-Chairman Chair shall be by simple majority; (c) thirty days notice of meeting shall be given by mail, telephone telephone, fax or telegrame-mail, as appropriate; (d) seven eight members shall constitute a quorum; (e) decisions of the Board shall be by consensus wherever possible, and shall always require a majority voting in favour, with each member having one vote; (f) no voting by a proxy shall be allowed; (g) the Board shall hold formal meetings twice yearly or more often as necessary at the call of the ChairmanChair; (h) the Board shall keep summary minutes and records of all its meetings and circu- late circulate them amongst its members; (i) the Board may establish or dissolve standing committees as it deems necessary to carry out its functions, and set the terms of reference for such standing com- mittees, andcommittees; (j) the Board members unable to be present at Board meetings shall receive notice of Board recommendations thirty (30) days in advance of submission to any min- ister minister for action, except where there is consent of all Board members in which case recommendation so to the Minister(s) can be made forthwith.