Common use of Meetings and resolutions Clause in Contracts

Meetings and resolutions. 4.1 The members of the JDE and Xxxx'x segments of the Senior Management Team (as referred to in Clause 2.4) shall in principle each hold one meeting every month. Furthermore, a segment of the Senior Management Team, or the Senior Management Team as a whole, shall meet whenever the CEO has requested a meeting. 4.2 The meetings of the JDE segment of the Senior Management Team, and meetings of the Senior Management Team as a whole, shall generally be held at the HQ offices of JDE Peet's in Amsterdam, but may also take place elsewhere. The meetings of the Peet's segment of the Senior Management Team, shall generally be held at the offices of Peet's in Berkeley, California, United States, but may also take place elsewhere. 4.3 In addition, one or more members may participate by telephone, videoconference or other electronic forms of direct communication. Meetings may at all times also be held entirely by telephone, videoconference or other electronic forms of direct communication. 4.4 Meetings of the Senior Management Team or segment of the Senior Management Team shall be chaired by the CEO. If the CEO is not present, the meetings will be chaired by one of the members of the Senior Management Team so designated by the other members of the Senior Management Team present at the meeting. 4.5 In principle, decisions concerning the daily management of JDE Xxxx'x shall be taken by the CEO, at his or her discretion in consultation with the Senior Management Team or a segment of the Senior Management Team. However, the Board remains at all times authorised to adopt resolutions required or attributed by law, the Articles of Association or the IRA.

Meetings and resolutions. 4.1 The members of the JDE and Xxxx'x Peet's segments of the Senior Management Team (as referred to in Clause 2.4) shall in principle each hold one meeting every month. Furthermore, a segment of the Senior Management Team, or the Senior Management Team as a whole, shall meet whenever the CEO has requested a meeting. 4.2 The meetings of the JDE segment of the Senior Management Team, and meetings of the Senior Management Team as a whole, shall generally be held at the HQ offices of JDE Peet's in Amsterdam, but may also take place elsewhere. The meetings of the Peet's segment of the Senior Management Team, shall generally be held at the offices of Peet's in Berkeley, California, United States, but may also take place elsewhere. 4.3 In addition, one or more members may participate by telephone, videoconference or other electronic forms of direct communication. Meetings may at all times also be held entirely by telephone, videoconference or other electronic forms of direct communication. 4.4 Meetings of the Senior Management Team or segment of the Senior Management Team shall be chaired by the CEO. If the CEO is not present, the meetings will be chaired by one of the members of the Senior Management Team so designated by the other members of the Senior Management Team present at the meeting. 4.5 In principle, decisions concerning the daily management of JDE Xxxx'x shall be taken by the CEO, at his or her discretion in consultation with the Senior Management Team or a segment of the Senior Management Team. However, the Board remains at all times authorised to adopt resolutions required or attributed by law, the Articles of Association or the IRA.