Common use of Duties of the Board Clause in Contracts

Duties of the Board. Management of the Severance Pay Scheme pertains to the Board. The Board shall ensure that activities are properly organized. The Board shall establish plans and budgets for the activities of the Scheme. The Board shall keep itself informed of developments in the economy of the Scheme and shall ensure that its activities and accounts are subject to adequate controls. The Board shall exercise supervision to ensure that management of the Scheme’s assets takes place in accordance with the Articles and Board resolutions. The Board determines how the Articles are to be interpreted and may adopt decisions on matters of principle. The Board shall process and decide upon complaints. The Board may appoint a special appellate body to handle complaints. The Board shall prepare and propose amendments of the Articles, based on the Severance Pay Agreement in force from time to time. Furthermore, the Board shall exercise the authority pertaining to it through statutes or articles or that naturally pertains to the Board.

Duties of the Board. Management of the Severance Pay Scheme pertains to the Board. The Board shall ensure that activities are properly organized. organised The Board shall establish plans and budgets for the activities of the Scheme. The Board shall keep itself informed of developments in the economy of the Scheme and shall ensure that its activities and accounts are subject to adequate controls. The Board shall exercise supervision to ensure that management of the Scheme’s assets takes place in accordance with the Articles and Board resolutions. The Board determines how the Articles are to be interpreted and may adopt decisions on matters of principle. The Board shall process and decide upon complaints. The Board may appoint a special appellate body to handle complaints. The Board shall prepare and propose amendments of the Articles, based on the Severance Pay Agreement in force from time to time. Furthermore, Furthermore the Board shall exercise the authority pertaining to it through statutes or articles or that naturally pertains to the Board.

Duties of the Board. Management of the Severance Pay Scheme pertains to the Board. The Board shall ensure that activities are properly organizedorganised. The Board shall establish plans and budgets for the activities of the Scheme. The Board shall keep itself informed of developments in the economy of the Scheme and shall ensure that its activities and accounts are subject to adequate controls. The Board shall exercise supervision to ensure that management of the Scheme’s assets takes place in accordance with the Articles and Board resolutions. The Board determines how the Articles are to be interpreted and may adopt decisions on matters of principle. The Board shall process and decide upon complaints. The Board may appoint a special appellate body to handle complaints. The Board shall prepare and propose amendments of the Articles, based on the Severance Pay Agreement in force from time to time. Furthermore, the Board shall exercise the authority pertaining to it through statutes or articles or that naturally pertains to the Board.

Duties of the Board. Management of the Severance Pay Scheme pertains to the Board. The Board shall ensure that activities are properly organized. organised The Board shall establish plans and budgets for the activities of the Scheme. The Board shall keep itself informed of developments in the economy of the Scheme and shall ensure that its activities and accounts are subject to adequate controls. The Board shall exercise supervision to ensure that management of the Scheme’s assets takes place in accordance with the Articles and Board resolutions. The Board determines how the Articles are to be interpreted and may adopt decisions on matters of principle. The Board shall process and decide upon complaints. The Board may appoint a special appellate body to handle complaints. The Board shall prepare and propose amendments of the Articles, based on the Severance Pay Agreement in force from time to time. Furthermore, the Board shall exercise the authority pertaining to it through statutes or articles or that naturally pertains to the Board.