Designation of Members Sample Clauses

Designation of Members. Board Rules. (a) The parties hereto agree that, during the term of this Agreement, there shall be a standing Joint Trade Board composed of four (4) representatives designated by the Association and four (4) representatives designated by the Union, one of whom shall be elected as Chairman and one of whom shall be elected as Secretary of said Board. In order to assure equal Employer and Union representation at all times, it is agreed that whenever a vacancy exists and whenever a member of the Joint Trade Board is absent from a meeting, if such vacancy or absence results from a lack of a Union representative or representatives, the vote or votes represented by such vacancy or absence shall be divided equally among the remaining Union representatives, each of whom shall be entitled to vote the whole or fractional vote or votes allocated to him as a result of such division, in addition to his own vote, until such vacancy is filled or such absence terminates. If such vacancy or absence results from a lack of an Employer representative or representatives, the vote or votes represented by each vacancy or absence shall be divided equally among the remaining Employer representatives, each of whom shall be entitled to vote the whole or fractional vote or votes allocated to him as a result of such division, in addition to his own vote, until such vacancy is filled or such absence terminates. (b) The Joint Trade Board shall have the right to set up its own rules and regulations providing ways and means of enforcing and adjudicating this Agreement and any Employer who has signed an Agreement with the Union agrees to be bound by the decisions of the Joint Trade Board. Such rules and regulations are to be published in booklet form for distribution to the parties under this Agreement.
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Designation of Members. The names and addresses of the Members are set forth in Schedule 1 and each Member's Membership Percentage Interest is set forth in Schedule 1.
Designation of Members. 55 Section 16.4. Meetings..........................................56 Section 16.5. Disputes..........................................56
Designation of Members. Each party shall designate its members on the Committee and shall promptly advise the other parties if it substitutes any of its members; provided that notice as to the substitution or replacement of either party's co-chairman shall be given in writing. If one or more members of the Committee are unable to attend any meeting, the party that appointed such non-attending member may designate a substitute to participate in replacement of the absent member. Other non-members may attend as deemed necessary or appropriate.
Designation of Members. Subject to article 12, from and after the establishment of the Institute, the financial members or members in good standing of— (a) the Institute of Chartered Accountants of Antigua and Barbuda; (b) the St. Kitts-Nevis Association of Chartered Accountants; and (c) the Institute of Chartered Accountants of St. Xxxxx, shall become the first members of the Institute.
Designation of Members. For the employees of companies or establishments in France, the trade union organizations appoint their members from amongst their elected officials or the trade union representatives within the company or any employee of one of the companies of the group empowered to occupy a seat which falls to him. The seats held by the French representatives shall be allocated proportionately to the representation of the labour organisations as measured at the last representative elections in the Parent Company and in its subsidiaries in France (TIRU and Electricité de Strasbourg on the date of Agreement revision, and in accordance with the rules agreed between the French trade unions representative on a national level. The employee representatives of companies or establishments included within the scope of consolidation and located outside France are appointed or elected according to rules of each country’s transposition law, or failing that according to the applicable representation rules or customs in these countries.
Designation of Members. The members of this corporation shall be Determined in accordance with the provisions of the Articles of Agreement as amended from time to time.
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Designation of Members. The initial sole member of the Corporation shall be Rocketship Education, Inc., a California nonprofit public benefit corporation (the “Sole Member” or “Rocketship Education”). The Board of Directors of the Corporation may, by written notice given to the Secretary or any Director of the Corporation, designate a single successor member who shall succeed it as the sole member of the Corporation. Such successor member xxx also designate a single successor member to succeed such successor member as the sole member of the Corporation, and so forth. The Corporation and any of its successors shall hereinafter be referred to as the “Sole Member.”
Designation of Members. At any stockholder vote for the election of directors for: (i) one member (the "Series A Nominee") nominated by the holders of a majority of the outstanding Series A Preferred Stock (calculated without counting the shares of Series A Preferred Stock held by Columbine Venture Fund II, L.P. and its affiliates) ("CVF") (initially to be Xxxxx Xxxxxxx); (ii) one member (the "Series B Nominee") nominated by the holders of a majority of the outstanding Series B Preferred (calculated without counting the shares of Series B Preferred held by CVF and its affiliates) (initially to be Xxxxxxx Xxxxxx); (iii) one member nominated by CVF (initially to be Xxxxxxx Xxxxxx); and (iv) one member (the "Series E Nominee") nominated by the holders of a majority of the outstanding Series E Preferred (calculated without counting the shares of Series E Preferred held by Existing Holders) (initially to be Xxxxxx X. Xxxxxxxxx); and (v) two members (if a six person board is constituted), three members (if a seven person board is constituted) or four members (if a eight person board is constituted) nominated by a majority of the Company's outstanding Preferred Stock (on an as-converted basis) and Common Stock, all voting together as a single class, one of which nominees shall be the Chief Executive Officer (initially to be Xxxxx Xxxxxx, Xxxxxx Xxxxxxx and Xxxxxxx X. Xxxxxxx).

Related to Designation of Members

  • CERTIFICATION OF MEMBERS The undersigned hereby agree, acknowledge, and certify that the foregoing Operating Agreement is adopted and approved by each Member. The agreement consisting of pages, constitutes, together with Exhibit 1, Exhibit 2, the Operating Agreement of , adopted by the Members as of the day of , 20 . Signature Printed Name Percent: % Signature Printed Name Percent: % Signature Printed Name Percent: % Signature Printed Name Percent: % Signature Printed Name Percent: %

  • Substitution of Members If unanimous written approval is received, the transferee shall:

  • Termination of Membership You may terminate your membership by giving us written notice or by withdrawing your minimum required membership share(s), if any, and closing all your accounts. You may be denied services for causing a loss to the Credit Union, or you may be expelled for any reason as allowed by applicable law.

  • Establishment and Designation of Shares The Series and classes of Shares existing as of the date of this Declaration of Trust are those Series and classes that have been established under the Prior Declaration of Trust and not heretofore terminated which are indicated on Schedule A attached hereto and made a part hereof ("Schedule A"). The establishment of any additional Series (or class) of Shares shall be effective upon the adoption by the Trustees of a resolution that sets forth the designation of, or otherwise identifies, such Series (or class), whether directly in such resolution or by reference to, or approval of, another document that sets forth the designation of, or otherwise identifies, such Series (or class) including any registration statement of the Trust or such Series (or class), any amendment and/or restatement of this Declaration of Trust and/or Schedule A or as otherwise provided in such resolution. Upon the establishment of any additional Series (or class) of Shares or the termination of any existing Series (or class) of Shares, Schedule A shall be amended to reflect the addition or termination of such Series (or class) and any officer of the Trust is hereby authorized to make such amendment; provided that amendment of Schedule A shall not be a condition precedent to the establishment or termination of any Series (or class) in accordance with this Declaration of Trust. The relative rights and preferences of the Shares of the Trust and each Series and each class thereof shall be as set forth herein and as set forth in any registration statement relating thereto, unless otherwise provided in the resolution establishing such Series or class. Shares of each Series (or class) established pursuant to this Section 6, unless otherwise provided in the resolution establishing such Series (or class) or in any registration statement relating thereto, shall have the following relative rights and preferences:

  • Admission of Members Other persons may be admitted as Members from time to time pursuant to the provisions of this Agreement.

  • Rights of Members (a) Each Member irrevocably waives any right that it may have to maintain an action for partition with respect to the property of the Company. (b) Except as otherwise provided in this Agreement, (i) each Member shall look solely to the assets of the Company for the return of its Capital Contributions, and (ii) no Member shall have priority over any other Member as to the return of its Capital Contributions, distributions or allocations.

  • Voting Rights of Members The Members shall have voting rights as defined by the Membership Voting Interest of such Member and in accordance with the provisions of this Agreement. Members do not have a right to cumulate their votes for any matter entitled to a vote of the Members, including election of Directors.

  • Designation of Beneficiaries The Executive may designate any person to receive any benefits payable under the Agreement upon the Executive’s death, and the designation may be changed from time to time by the Executive by filing a new designation. Each designation will revoke all prior designations by the Executive, shall be in the form prescribed by the Administrator and shall be effective only when filed in writing with the Administrator during the Executive’s lifetime. If the Executive names someone other than the Executive’s spouse as a Beneficiary, the Administrator may, in its sole discretion, determine that spousal consent is required to be provided in a form designated by the Administrator, executed by the Executive’s spouse and returned to the Administrator. The Executive’s beneficiary designation shall be deemed automatically revoked if the Beneficiary predeceases the Executive or if the Executive names a spouse as Beneficiary and the marriage is subsequently dissolved.

  • Designation of Agent Each Participating Employer shall be deemed to be a party to this Plan; provided, however, that with respect to all of its relations with the Trustee and Administrator for the purpose of this Plan, each Participating Employer shall be deemed to have designated irrevocably the Employer as its agent. Unless the context of the Plan clearly indicates the contrary, the word "Employer" shall be deemed to include each Participating Employer as related to its adoption of the Plan.

  • Duties of Members Each Member must have a duty as set forth in Exhibit 1 to this agreement. The Members agree that the failure to satisfy a Member’s duties may result in the expulsion or removal of that Member. (a) If a Member fails at their duties for a period of one hundred twenty (120) consecutive days, the Member will lose their membership interest. The start date of the failure must be documented. (b) If a Member fails to do their duties for one hundred twenty (120) days out of any two hundred thirty nine (239) day period, the Company will consider such a failure and whether the Member will be expelled and lose their membership interest in accordance with this Article and Section 00-00-000 of the Act. The dates of failure in question must be documented. (c) If a Member disputes the completion of another Member’s duties and attempts to take over that Member’s interest, they must do so in writing by certified delivery to the Member’s residential address as listed in Exhibit 1. If certified delivery is not available, hand delivery by a third party is acceptable. (d) If a Member receives a complaint as described above, the Member must fulfill their established duties within fourteen (14) days. (e) If there is a dispute as to what any Member’s duties are or if those duties are being fulfilled, and the Members have gone through the dispute process outlined in the above subsections (a) through (d) of this Section 4.06, the Members agree to enter into binding mediation or arbitration to decide if the Member’s duties are being performed in compliance with the agreed duties as outlined in Exhibit 1 of this Agreement. If the Members fail to reach an agreement through arbitration or mediation, the Members in dispute agree to file a complaint in the appropriate Court to procure a decision as to the fulfillment of Members’ duties. Upon a decision by the Court that a Member has failed to meet its duties, the Member will assign and forfeit their membership interest to the other remaining Member(s). The assignment of the non-compliant Member’s membership interest will result in a debt owed to the non-compliant Member by the Company. The debt owed to the expelled Member shall be the aggregate sum of any capital contributions submitted to the Company by the expelled Member. (f) The value of the non-compliant Member’s interest being transferred to the remaining Member(s) must be determined before the transfer can be completed. During the course of the transfer, the non-compliant Member will maintain complete powers of membership in the Company. (g) In the event of a dispute of Member’s duties, Members may negotiate an exchange of membership interests for a lesser amount of Member duties, provided that modification is memorialized and attached to Exhibit 1.

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