Organizational Composition Clause Samples
The Organizational Composition clause defines the structure and makeup of an organization as it relates to the agreement. It typically outlines the types of entities or individuals that constitute the organization, such as shareholders, directors, or members, and may specify requirements for their roles, qualifications, or numbers. By clearly establishing who is part of the organization and their respective positions, this clause ensures transparency and helps prevent disputes regarding authority or decision-making within the entity.
Organizational Composition. As stated in the By-Laws and the Articles of Incorporation, the Corporation shall be a non-membership organization, and a board of directors shall manage its activities and affairs. Voting shall control the Corporation, and only directors shall vote. The officers shall consist of a president, a vice president, a treasurer, and a secretary. The Corporation’s board of directors shall serve as its governing board.
Organizational Composition. As stated in the By-Laws and the Articles of Incorporation, the board of directors shall manage its activities and affairs. Voting shall control the Corporation, and only directors shall vote. The officers shall consist of a president, a treasurer, and a secretary. The Corporation’s board of directors shall, according to their by-laws, initially select the governing board of the School. Members of the board of directors may serve on the governing board. Violation of the provisions in the by- laws shall be good cause for non-renewal or termination.
Organizational Composition. As stated in the Operating Agreement and the 15 Articles of Organization attached as appendices to the Application, a board of 16 managers shall manage the activities and affairs of the School. Voting shall 17 control the School, and only directors shall vote. The officers shall consist of a 18 president, a vice president, a treasurer, and a secretary. The individuals serving 19 on the School’s board of managers shall be selected as set forth in the School’s 20 Operating Agreement. Violation of the provisions in the Operating Agreement 21 shall be good cause for non-renewal or termination.
Organizational Composition. As stated in the ByLaws and the Articles of 6 Incorporation attached as appendices to the Application, the Corporation shall be
Organizational Composition. As stated in the Operating Agreem ent and the 15 Articles of Organization attached as a ppendices to the Application, a board of 16 managers shall m anage the activities and affairs of the School. Voting shall 17 control the School, and only directors shall vote. The officers shall consist of a 18 president, a vice president, a treasurer, and a secretary. The individuals serving 19 on the School’s board of m anagers shall be selected as set forth in the School’s 20 Operating Agreement. Violation of the provisions in the Operating Agreem ent 21 shall be good cause for non-renewal or termination.