Chairmen Sample Clauses

Chairmen. The Trustees designated by the HRSA on behalf of the Employers shall elect by majority vote a Chairman of the Employer Trustees. The Trustees designated by the ILA shall elect by majority vote a Chairman of the ILA Trustees. The Chairman of the Employer Trustees and of the ILA Trustees, respectively, shall alternate monthly in serving as Chairman of the full Board of Trustees.

Chairmen. (a) The Board of Directors shall have one (1) co-chairman appointed by Bertelsmann, for so long as it holds Class B Common Shares and one (1) co-chairman appointed by the E▇▇▇▇▇▇ Family, for so long as it holds Class B Common Shares in excess of the Ownership Threshold, thereafter, the chairman of the Board of Directors shall be appointed by a majority of the Directors then in office. (b) The Bertelsmann Chairman or in his absence the E▇▇▇▇▇▇ Family Chairman, shall preside as chairman at every meeting of the Board of Directors at which he is (or they are, as applicable) present. Where each of the Bertelsmann Chairman and E▇▇▇▇▇▇ Family Chairman are not present at a meeting of the Board of Directors, the attending Directors may choose one Director to be the chairman of the meeting.