Constitution of Board Sample Clauses

Constitution of Board. (1) The Board shall be constituted as provided in the Agreement, and meetings of the Board shall be conducted in accordance with the Agreement. (2) The rights and powers of the Government of the Commonwealth under the Agreement to appoint members and temporary members of the Board shall be exercised by the Governor-General. (3) Subject to the next succeeding subsection, an Australian member shall be paid by the Commonwealth such remuneration, and holds office on such other terms and conditions, as the Governor-General determines. (4) The Minister may grant leave of absence to an Australian member on such terms and conditions, including terms and conditions as to remuneration, as the Minister determines.
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Constitution of Board. The Parties agree that the Board shall at all times consist of a maximum of Four (4) Directors, of which SHAREHOLDER # 1 and XXXXXXXXXXX # 0 shall nominate one (1) each and FASC shall nominate two (2) Directors.
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Constitution of Board. 11 7.3 Removal.................................................12 7.4 Articles................................................12 7.5
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Constitution of Board. Each of the Shareholders shall vote its shares so that the number of directors on the Board shall be six and the Board shall consist of the following: (a) two directors shall be nominated and elected annually by the holders of Common Shares and none of the holders of any of the other classes of Shares shall have the right to vote with respect to such directors; (b) so long as there are any Class B Preferred Shares issued and outstanding, the holders of the Class B Preferred Shares shall have the right to nominate and elect annually one director, and none of the holders of any of the other classes of Shares shall have the right to vote with respect to such one director, provided however, that if there are no Class B Preferred Shares issued and outstanding, then such director shall be
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Constitution of Board. The Parties agree that the Board of PADSB shall consist at all times of a maximum of five
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Constitution of Board. (i) The Parties agree that the Board of Premier JPC shall consist at all times of a maximum of seven (7) Directors. JPC and PRG shall each be entitled to nominate the following number of person(s) as Directors of Premier JPC:
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Constitution of Board. 7.1.1. Unless otherwise agreed by the Parties, the Board, shall, at all times, consist of a maximum number of five (5) directors, of whom First Party shall be entitled to designate three (3) directors and Second Party shall be entitled to designate two (2) directors. 7.1.2. The Board of the Company shall initially comprise of:- (a) Prapakorn Saokliew, Thai (Identification No. 3310700611268); (b) Surapa Jamjang, Thai (Identification No. 3730600409587); (c) Methinee Jariyasathaporn, Thai (Identification No. 3100202580109); (d) Hxx Xxxx Xxxx, Malaysian (Passport No. A00000000); and (e) Cxxx Xxx Xxx, Malaysian (Passport No. A00000000) Each Party has the right to change the Parties director subject to the approval of the Board. 7.1.3. For the purpose of implementing this Agreement, the Parties hereto agree and undertake that they shall, at all times, exercise their respective voting rights as Shareholders in the Company in such manner and shall ensure that their respective representatives on the Board of the Company shall so vote at the Board and shall so act so as to ensure the proper implementation and observance of the terms and provisions contained in and in the spirit of this Agreement. 7.1.4. Wherever legally necessary, exercise of the powers of the Board shall be subject to the approval/consent of the Shareholders at the annual general meeting or extraordinary general meetings or any duly convened board meeting of the Shareholders.
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Related to Constitution of Board

  • Decision of Board ‌ The decision of the majority shall be the decision of the Board. Where there is no majority decision, the decision of the Chair shall be the decision of the Board. The decision of the Arbitration Board shall be final, binding, and enforceable on the parties. The Board shall have the power to dispose of a discharge or discipline grievance by any arrangement which it deems just and equitable. However, the Board shall not have the power to change this agreement or to alter, modify, or amend any of its provisions.

  • Composition of Board The Board shall consist of up to seven (7) Voting Directors and one non-voting Chair. The Voting Directors shall be elected by the Members as set forth in clause (iii) below.

  • Appointment of Directors Immediately upon the Effective Time, Parent shall, in accordance with Section 2.3(d), accept the resignations and cause the appointments of those officers and directors of Parent identified in Exhibit C hereto, subject to any notice and waiting period requirements of federal law. At the first annual meeting of Parent’s stockholders and thereafter, the election of members of Parent’s Board of Directors shall be accomplished in accordance with the by-laws of Parent.

  • Appointment of Director The Company, subject to the requisite prior-approval of the Board of Directors, hereby: (a) appoints the Director to perform the Services for the benefit of the Company as hereinafter set forth; (b) appoints the Director to the Board of Directors of the Company; and (c) authorizes the Director to exercise such powers as provided under this Agreement. The Director accepts such appointment on the terms and conditions herein set forth.

  • Powers of Board The directors may, at any time, with respect to a committee appointed under Articles 19.1 or 19.2: (1) revoke or alter the authority given to the committee, or override a decision made by the committee, except as to acts done before such revocation, alteration or overriding; (2) terminate the appointment of, or change the membership of, the committee; and (3) fill vacancies in the committee.

  • Authority of Board Nothing contained in this Section 4 shall limit the authority of the Board to take such other action to the extent permitted by law as it deems necessary or advisable to preserve the Company’s status as a non-reporting company under the Exchange Act.

  • Appointment of Stewards A. The Union will certify to the Employer in writing a xxxxxxx or stewards and alternates in accordance with the following general guidelines. Where more than one xxxxxxx is appointed, one shall be designated chief xxxxxxx. The selection and appointment of stewards or chief stewards is the sole and exclusive function of the Union. Stewards will be certified to represent employees in specific work location(s) on their tour; provided no more than one xxxxxxx may be certified to repre- sent employees in a particular work location(s). The number of stewards certified shall not exceed, but may be less than, the number provided by the formula hereinafter set forth. Employees in the same craft per tour or station Up to 49 1 xxxxxxx 50 to 99 2 stewards 100 to 199 3 stewards 200 to 499 5 stewards 500 or more 5 stewards plus additional xxxxxxx for each 100 employees B. At an installation, the Union may designate in writing to the Employer one Union representative actively employed at that installation to act as a xxxxxxx to investigate, present and adjust a specific grievance or to investigate a specific problem to deter- mine whether to file a grievance. The activities of such Union representative shall be in lieu of a xxxxxxx designated under the formula in Section 2.A and shall be in accordance with Section 3. Payment, when applicable, shall be in accordance with Section 4. C. To provide xxxxxxx service to installations with twenty or less craft employees where the Union has not certified a xxxxxxx, a Union representative certified to the Employer in writing and compensated by the Union may perform the duties of a xxxxxxx. D. At the option of the Union, representatives not on the Employer’s payroll shall be entitled to perform the functions of a xxxxxxx or chief xxxxxxx, provided such representatives are certified in writing to the Employer at the area level and providing such rep-

  • Control by Board of Trustees Any investment program undertaken by the Advisor pursuant to this Agreement, as well as any other activities undertaken by the Advisor on behalf of the Funds, shall at all times be subject to any directives of the Board of Trustees.

  • Incorporation of Plan Notwithstanding anything herein to the contrary, this Agreement shall be subject to and governed by all the terms and conditions of the Plan, including the powers of the Administrator set forth in Section 2(b) of the Plan. Capitalized terms in this Agreement shall have the meaning specified in the Plan, unless a different meaning is specified herein.

  • Composition of Board of Arbitration When either party requests that a grievance be submitted to arbitration, the request shall be made by registered mail addressed to the other party of the Agreement, indicating the name of its nominee on an Arbitration Board. Within five (5) days thereafter, the other party shall answer by registered mail indicating the name and address of its appointee to the Arbitration Board. The two appointees shall select an impartial chairperson.

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