Common use of Chair Clause in Contracts

Chair. The Trustees shall have the power to appoint from among the members of the Board of Trustees a Chair. Such appointment shall be by majority vote of the Trustees. Such Chair shall serve until his or her successor is appointed or until his or her earlier death, resignation or removal. The Chair shall preside at meetings of the Trustees and shall, subject to the control of the Trustees, perform such other powers and duties as may be from time to time assigned to him or her by the Trustees or prescribed by the Declaration of Trust or these By-Laws, consistent with his or her position. The Chair need not be a Shareholder.

Appears in 20 contracts

Samples: By Laws (Metropolitan Series Fund), By Laws (Met Investors Series Trust), By Laws (Metropolitan Series Fund Inc)

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Chair. The Trustees shall have the power to appoint from among the members of the Board Boards of Trustees a Chair. Such appointment shall be by majority vote of the Trustees. Such Chair shall serve until his or her successor is appointed or until his or her earlier death, resignation or removal. The Chair shall preside at meetings of the Trustees and shall, subject to the control of the Trustees, perform such other powers and duties as may be from time to time assigned to him or her by the Trustees or prescribed by the Declaration of Trust or these By-Laws, consistent with his or her position. The Chair need not be a Shareholder.

Appears in 5 contracts

Samples: By Laws (Evergreen Variable Trust /Oh), By Laws (Evergreen Equity Trust /De/), By Laws (Evergreen Variable Annuity Trust /De/)

Chair. The Trustees shall have the power to appoint from among the members of the Board of Trustees a Chair. Such appointment shall be by majority vote of the Trustees. Such Chair shall serve until his or her successor is appointed or until his or her earlier death, resignation or removal. The Chair When present he or she shall preside at the meetings of the Trustees Shareholders and of the Trustees. The Chair shall, subject to the control of the Trustees, perform such other powers and duties as may be from time to time assigned to him or her by the Trustees or prescribed by the Declaration of Trust or these By-Laws, consistent with his or her position. The Chair need not be a Shareholder.

Appears in 3 contracts

Samples: By Laws (Evergreen Utilities & High Income Fund), By Laws (Evergreen Income Opportunity Fund), By Laws (Lehman Brothers First Trust Income Opportunity Fund)

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Chair. The Trustees shall have the power to appoint a Chair from among the members of the Board of Trustees a ChairTrustees. Such appointment shall be by majority vote of the Trustees. Such Chair shall serve until his or her successor is appointed or until his or her earlier death, resignation or removal. The Chair shall preside at meetings of the Trustees and shall, subject to the control of the Trustees, perform such other powers and duties as may be from time to time assigned to him or her by the Trustees or prescribed by the Declaration of Trust or these By-Laws, consistent with his or her position. The Chair need not be a Shareholder.

Appears in 1 contract

Samples: By Laws (Evergreen Global Dividend Opportunity Fund)

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