Common use of Composition and Meetings Clause in Contracts

Composition and Meetings. The Salary Committee is composed of three representatives from Nordea (A side) and three representatives appointed by and from among Kreds Nordea’s board (B side). For the purpose of considering special issues, the Salary Committee may call in special experts subject to agreement. The Salary Committee normally meets four times a year and when required. Both the A side and the B side may request extraordinary meetings. Decisions by the Salary Committee must insofar as possible be unanimous. Nordea acts as secretary to the Committee.

Composition and Meetings. The Salary Committee is composed of three representatives from Nordea (A side) and three representatives appointed by and from among Kreds the board of Finansforbundet in Nordea’s board (B side). For the purpose of considering special issues, the Salary Committee may – subject to agreement – call in special experts subject to agreementexperts. The Salary Committee normally meets four times a year and when required. Both the A side Nordea and the B side Finansforbundet in Nordea may request extraordinary meetings. Decisions by the Salary Committee must insofar as possible be unanimous. Nordea acts as secretary to the Committeecommittee.

Composition and Meetings. The Salary Committee is composed of three representatives from Nordea (A side) and three representatives appointed by and from among Kreds Nordea’s 's board (B side). For the purpose of considering special issues, the Salary Committee may call in special experts subject to agreement. The Salary Committee normally meets four times a year and when required. Both the A side and the B side may request extraordinary meetings. Decisions by the Salary Committee must insofar as possible be unanimous. Nordea HR acts as secretary to the Committee.