ISO BOARD OF DIRECTORS AND VOTING. 5.01 Composition Of The ISO Board And Voting. The ISO Board shall be comprised of ten (10) members (or “Directors”), none of whom shall be affiliated with any Market Participant. Attendance or participation by proxy by six (6) Directors shall constitute a quorum. Each Director shall have one vote. An affirmative vote by six (6) Directors shall be required to pass a measure. Voting may be done in person or by proxy. A Director must be a natural person. A Director shall be deemed “affiliated” with a Market Participant or its Affiliate if:
Appears in 59 contracts
Samples: Iso Agreement, Iso Agreement, Iso Agreement
ISO BOARD OF DIRECTORS AND VOTING. 5.01 Composition Of The ISO Board And Voting. The ISO Board shall be comprised of ten (1010 ) members (or ““ Directors”” ), none of whom shall be affiliated with any Market Participant. Attendance or participation by proxy by six (6) Directors shall constitute a quorum. Each Director shall have one vote. An affirmative vote by six (6) Directors shall be required to pass a measure. Voting may be done in person or by proxy. A Director must be a natural person. A Director shall be deemed “affiliated” with a Market Participant or its Affiliate if:
Appears in 7 contracts
Samples: Iso Agreement, Iso Agreement, Iso Agreement
ISO BOARD OF DIRECTORS AND VOTING. 5.01 Composition Of The ISO Board And Voting. The ISO Board shall be comprised of ten (1010 ) members (or ““ Directors”” ), none of whom shall be affiliated with any Market Participant. Attendance or participation by proxy by six (6) Directors shall constitute a quorum. Each Director shall have one vote. An affirmative vote by six (6) Directors shall be required to pass a measure. Voting may be done in person or by proxy. A Director must be a natural person. A Director shall be deemed “affiliated” with a Market Participant or its Affiliate if:six
Appears in 4 contracts
