Executive Committee Composition. The Company agrees that the executive committee of the Board of Directors (the "Executive Committee") shall consist of no more than seven members, including (i) for so long as the Purchasers are entitled to designate members to the Board of Directors, the Series G Director Designees or Designee of the Purchasers, (ii) the Chairman of the Board of Directors, (iii) the Chief Executive Officer of the Company and (iv) the Chief Operating Officer of the Company. The bylaws of the Company shall be amended to reflect the composition of the executive committee. The FL Purchasers agree to vote their FL Securities for the approval of a bylaw amendment adopting the provisions of this Section.
Executive Committee Composition. The executive committee shall be comprised of Rxxx Xxxxxxxxxxx (if Investor has appointed him to join), the members of Mycosol’s board of directors (who at the time of this Agreement are Sxxxxxx Xxxxxx, Rxxxxxx Xxx Xxxxx, Rxxxxxx Xxxxx and Jxxxxxx Xxxxx) and such other parties as may be added from time to time by a vote of the executive committee.
Executive Committee Composition. The Executive Committee shall be comprised of the following four (4) persons: the highest appointed Administrative Official from each County (i.e. Administrative Coordinator, County Administrator, or County Executive), or their designee, and a Marathon County Board member appointed by the Marathon County Administrator. At the first meeting following the effective date of this Agreement, the Executive Committee shall elect a member of the Executive Committee to be chair of the Executive Committee, who shall serve for the term of this Agreement unless the member resigns or is replaced by majority vote of the Executive Committee.
Executive Committee Composition. The Governing Board shall elect from its membership an Executive Committee consisting of up to 16 representatives and no less than 9 representatives. The original Executive Committee shall be comprised of the full Executive Committees of each of the Brand Areas. The Executive Committee shall assign from within its ranks two members of the Finance Committee, one from each Brand Area. The Executive Committee may assign from within its ranks two Brand Area ambassadors, one from each Brand Area. The Executive Committee may assign from within its ranks two Digital Equity Champions. Each county with more than one member shall be represented on the Executive Committee by at least one member from the county. In addition, the Treasurer and Executive Director are ex-officio, non-voting members. At all meetings of the Executive Committee, a majority of the full number of voting members of such Committee shall constitute a quorum. All completed actions by the Executive Committee shall be reported for discussion to the Governing Board at its next meeting succeeding such action. At that meeting, the Governing Board shall affirm receipt and confirm no revision or alteration to such report, or append comments. The actions shall be subject to revisions or alterations by the Governing Board, provided that no acts or rights of third parties shall be affected by any such revision or alteration. The Executive Committee shall strive for consensus of all members by ensuring that all members have ample time to voice their opinions and any concerns.
