Procedure for Adoption Sample Clauses
The "Procedure for Adoption" clause outlines the formal steps and requirements necessary for adopting a new policy, amendment, or decision within an organization or governing body. Typically, this clause specifies who may propose an adoption, the notice and documentation required, the voting or approval thresholds, and any timelines that must be followed. For example, it may require a majority vote of board members after a specified notice period. The core function of this clause is to ensure that adoptions are conducted transparently and consistently, preventing arbitrary or unauthorized changes and providing a clear, orderly process for decision-making.
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Procedure for Adoption. Any Commonly Controlled Entity may adopt the Plan for the benefit of its Eligible Employees by resolution of such Commonly Controlled Entity’s board of directors and by completing (or the Senior Vice President completing pursuant to its authority to amend the Plan) one or more Appendices with respect to such Employees, which adoption shall be effective as of the date specified in the board resolution. No such adoption shall be effective until such adoption and any such Appendix to be used in connection therewith has been approved by the Senior Vice President.
Procedure for Adoption. Any such adopting business entity shall initiate its adoption of the Plan by delivery of a certified copy of the resolutions of its board of directors (or other authorized body or individual) adopting this Plan Statement to the Principal Sponsor. Upon the consent by the Principal Sponsor to the adoption by the adopting business entity, and the delivery to the Trustee of written evidence of the Principal Sponsor's consent, the adoption of the Plan by the adopting business entity shall be effective as of the date specified by the Principal Sponsor. If such adopting business entity is not a corporation, any reference in the Plan Statement to its board of directors shall be deemed to refer to such entity's governing body or other authorized individual.
Procedure for Adoption. Any Affiliate of the Company may by resolution of such Affiliate’s board of directors, with the consent of the Board of Directors and subject to such conditions as may be imposed by the Board of Directors, adopt the Plan for the benefit of its employees as of the date specified in the board resolution.
Procedure for Adoption. 1. The Committee will survey the staff for input before the proposals are drafted. The committee will submit no less than two (2), nor more than three (3) proposals to the staff for input.
2. The prepared calendar will be submitted to the Superintendent for comments prior to its presentation to the Board of Education. The Board may, in turn, approve, disapprove, modify, or amend such calendar.
3. Suggestions for modification or amendment may be made and the calendar may be returned to the committee for final reworking and/or approval.
Procedure for Adoption. Any such adopting business entity shall initiate its adoption of the Plan by delivery of a certified copy of the resolutions of its Board of Directors (or other governing authority) adopting the Plan to the Company’s Chief Executive Officer. Upon the consent by the Company’s Chief Executive Officer to the adoption by the adopting business entity, and the delivery to the Trustee of written evidence of such consent, the adoption of the Plan by the adopting business entity shall be effective as of the date specified by the Company’s Chief Executive Officer. (The business entities listed in Schedule I shall not be required to obtain approval for their continued participation in the Plan.)
Procedure for Adoption. 44 Section 20.2.
Procedure for Adoption. Any Related Entity may by resolution of such Related Entity's board of directors adopt the Plan for the benefit of its employees as of the date specified in the board resolution and, if applicable, in the Appendix. If the board of directors of any Related Entity which is adopting this Plan desires to amend this Plan as to its employees, it may do so by use of an Appendix. No such adoption shall be effective until such adoption and any Appendix to be used in connection therewith have been approved by the Board of Directors of the Company. Notwithstanding any term or provision of this Plan to the contrary (including but not limited to terms and conditions concerning eligibility service and Compensation), the terms and provisions as may be imposed by such board of directors and attached hereto in any Appendix shall govern.
Procedure for Adoption. Any such adopting business entity shall initiate its adoption of this Plan by delivery of a certified copy of the action of its directors (if a corporation), general partner (if a partnership) or proprietor (if a sole proprietorship), adopting this Plan Statement to the principal employer. Upon the consent by said principal employer of the adoption by the adopting business entity, and the delivery to the Trustee of written evidence of the principal employer's consent, the adoption of this Plan by the adopting business entity shall be effective as of the date specified by the principal employer.