Powers of Individual Managers and the Director of Oversight Board Sample Clauses

Powers of Individual Managers and the Director of Oversight Board. The Individual Managers and Director of Oversight Board shall have the authority to exercise the following powers designated for each of them: (i) Enter Into Board Member Contracts. Facebook, Inc. shall select up to four (4) Board Members of the Oversight Board, who shall serve as the initial Members of the Oversight Board and the initial chairs of the Oversight Board, which the Individual Managers shall formally appoint within thirty (30) days of such selection. Thereafter, the Oversight Board and Facebook, Inc. shall, pursuant to procedures set forth in the Charter and Bylaws, from time to time select additional or replacement Board Members, or select to renew current Board Member contracts for an additional term, all subject to the formal appointment of the Individual Managers, which must be provided within thirty (30) days of such selection. In no circumstance shall a Board Member concurrently serve as an Individual Trustee of the Oversight Board Trust. When the Individual Managers appoint such Board Members by way of a resolution prepared by the Director of Oversight Board, the Director of Oversight Board shall have the authority on behalf of the Company to negotiate, enter into, and execute a Board Member Contract with each such Board Member to provide content services. Each Board Member Contract shall be based upon provisions suggested by the Individual Managers and the Oversight Board. Subject to the consent of the Settlor solely with respect to the portions of the Board Member Contract related to Facebook data, the ultimate provisions of the Board Member Contract shall be determined by the Director of Oversight Board. In carrying out their responsibilities and duties under their Board Member Contracts, the Board Members shall be guided by the provisions of this Agreement, the Charter, and the Bylaws, subject, however, to the provisions of Section 2.7 hereof. As set forth in the Charter, each Board Member will have a three year Board Member Contract, with two potential renewals for a maximum of nine years. Notwithstanding the foregoing, during such time as the Corporate Trustee or its Affiliate is serving as the Individual Trustee and the Individual Manager, the Individual Manager's power to "formally appoint" any Board Members shall only require that the Individual Manager be satisfied that such appointment does not violate Sanctions Regime, AML Laws and Anti-Bribery Laws, and following such satisfaction, the Individual Manager shall be required t...
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Related to Powers of Individual Managers and the Director of Oversight Board

  • Directors, Trustees and Shareholders and Massachusetts Business Trust It is understood and is expressly stipulated that neither the holders of shares in the Fund nor any Directors or Trustees of the Fund shall be personally liable hereunder. With respect to any Fund which is a party to this Agreement and which is organized as a Massachusetts business trust (“Trust”), the term “Fund” means and refers to the trust established by its applicable trust agreement (Declaration of Trust) as the same may be amended from time to time. It is expressly agreed that the obligations of any such Trust hereunder shall not be binding upon any of the trustees, shareholders, nominees, officers, agents or employees of the Trust, personally, but bind only the trust property of the Trust, as provided in the Declaration of Trust of the Trust. The execution and delivery of this Agreement has been authorized by the trustees and signed by an authorized officer of the Trust, acting as such, and neither such authorization by such Trustees nor such execution and delivery by such officer shall be deemed to have been made by any of them, but shall bind only the trust property of the Trust as provided in its Declaration of Trust.

  • LABOR/MANAGEMENT COMMITTEES A. Statewide

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  • ETHICS IN PUBLIC CONTRACTING This Contract incorporates by reference Article 9 of the Arlington County Purchasing Resolution, as well as all state and federal laws related to ethics, conflicts of interest or bribery, including the State and Local Government Conflict of Interests Act (Code of Virginia § 2.2-3100 et seq.), the Virginia Governmental Frauds Act (Code of Virginia § 18.2-498.1 et seq.) and Articles 2 and 3 of Chapter 10 of Title 18.2 of the Code of Virginia, as amended (§ 18.2-438 et seq.). The Contractor certifies that its proposal was made without collusion or fraud; that it has not offered or received any kickbacks or inducements from any other offeror, supplier, manufacturer or subcontractor; and that it has not conferred on any public employee having official responsibility for this procurement any payment, loan, subscription, advance, deposit of money, services or anything of more than nominal value, present or promised, unless consideration of substantially equal or greater value was exchanged.

  • Labour Management Relations Committee In recognition of the mutual benefits of open communications and on-going consultation between the faculty and the employer, the Labour/Management Relations Committee will meet on a regular basis and have equal representation for the Union and the Employer. The LMRC will serve as an open forum for the free and candid discussion of matters of mutual concern to faculty members and management.

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  • Faculty Selection, Supervision, and Evaluation A. Faculty for a dual credit course will be approved and employed by Hill College. The instructor must meet credential requirements of Hill College and minimum requirements as specified by the Southern Association of Colleges and Schools Commission on Colleges (SACSCOC). Each faculty member assigned to teach an academic course will have a master’s degree plus 18 hours in the specific discipline. Technical course instructors will have at least an associate degree and three years of work experience in the related business or industry. B. Instructors teaching dual credit courses must meet the same standards, review, and approval procedures as full- time, regular Hill College faculty. C. Faculty for a dual credit course who are not a full-time faculty member of Hill College report directly to the appropriate Xxxx of Instruction for the pathway in which the course(s) is being taught. The college shall supervise and evaluate part-time faculty teaching dual credit courses using the same or comparable procedures used for full-time faculty employed by college. D. The performance appraisal process for dual credit instructors will be conducted by the immediate supervisor and reviewed by the second line supervisor prior to the appraisal interview with the employee. The dual credit faculty evaluation process will mirror the evaluation process used at the college for all full-time faculty members and will be done according to the college policy manual. All dual credit faculty will be periodically evaluated using the following means: 1) random classroom observation by the immediate supervisor of that discipline, 2) student evaluations and 3) self-evaluation. E. All Dual Credit faculty instructors will be supervised by the following means: i. When dual credit classes are visited during a classroom observation, supervisors will ask to see items such as the textbook, observe instruction and interaction with students, and request a class syllabus and a sample of class tests, quizzes, labs, and/or projects. ii. Dual Credit instructors are given a self-evaluation form and are asked to fill it out and return the form to their Hill College supervisor. iii. All dual credit instructors are given a master syllabus for the course. The master syllabus provides grading policy and student learning outcomes. iv. All dual credit instructors are required to participate in the assessment process. v. All dual credit instructors are required to certify rosters. vi. All dual credit instructors are required to submit final grades. F. Faculty teaching courses, which result in the award of college credit, will be regularly employed faculty members of Hill College. All faculty selected by Hill College to teach dual credit classes will be considered employees of Hill College and will be compensated by the college in accordance with Hill College policy, procedures, and guidelines. G. Applications for employment and official transcripts from each college or university attended MUST be submitted and approved prior to the start of classes. All paperwork will be kept on file at Hill College.

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