PROPOSED APPOINTMENT OF INDEPENDENT NON-EXECUTIVE Sample Clauses

PROPOSED APPOINTMENT OF INDEPENDENT NON-EXECUTIVE. DIRECTOR Pursuant to Article 88, the Board proposes the appointment of Xx. Xxxx Xxxx Xxxx Sunny as an independent non-executive Director. The proposed appointment is subject to the approval of the Shareholders by way of an ordinary resolution at the AGM. The Board has also resolved to appoint Xx. Xxxx as a member of the Company’s audit committee, nomination committee and remuneration committee respectively subject to the approval of the Shareholders with respect of the appointment of Xx. Xxxx as an independent non-executive Director. Details of Xx. Xxxx who was proposed to be appointed as an independent non-executive Director at the AGM are set out below: Xx. Xxxx Xxxx Xxxx Sunny (aged 53) Xx. Xxxx has over 30 years of experience in the field of manufacturing. Xx. Xxxx is currently the group managing director of Fook Tin Group Holdings Limited which is specialized in research and development, manufacturing, marketing and distribution of quality electronic, healthcare and medical devices. He has also been a director of Fook Tin Technologies Limited since 1997. In 2018, Xx. Xxxx assumed the position of the chairman of Hong Kong Science and Technology Parks Corporation. Xx. Xxxx did not hold any directorship in other listed companies in the last three years. Xx. Xxxx graduated with a Bachelor of Science from Rochester Institute of Technology (USA) in 1988 and completed an Executive MBA program (EMBA) at the Chinese University of Hong Kong in 2007. In 2010, he was awarded the Doctor of Engineering (EngD) from the City University of Hong Kong. He was conferred a University Fellowship by the Hong Kong Polytechnic University in 2018. In 2004, he received the Young Industrialist Award of Hong Kong. In 2018, he was awarded the Bronze Bauhinia Star (BBS) by the Chief Executive of Hong Kong for his outstanding contribution to the promotion of innovation and technology development in Hong Kong. Subject to the election by the Shareholders at the AGM, Xx. Xxxx will enter into a service agreement with the Company for a period of two years commencing from 15 June 2020, which can be terminated by either party giving to the other party not less than one month’s prior written notice. He will be subject to retirement by rotation and re-election at the annual general meeting of the Company under the Articles. It is proposed that if Xx. Xxxx’x appointment is approved by the Shareholders at the AGM, the annual remuneration payable to Xx. Xxxx will be HK$160,000 which is determin...
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Related to PROPOSED APPOINTMENT OF INDEPENDENT NON-EXECUTIVE

  • Appointment of Independent Engineer The Authority shall appoint a consulting engineering firm from a panel of 10 (ten) firms or bodies corporate, constituted by the Authority substantially in accordance with the selection criteria set forth in Schedule-P, to be the independent consultant under this Agreement (the “Independent Engineer”). The appointment shall be made no later than 90 (ninety) days from the date of this Agreement and shall be for a period of 3 (three) years. On expiry or termination of the aforesaid period, the Authority may in its discretion renew the appointment, or appoint another firm from a fresh panel constituted pursuant to Schedule-P to be the Independent Engineer for a term of 3 (three) years, and such procedure shall be repeated after expiry of each appointment.

  • Engagement of Independent Review Organization Within 60 days after the Effective Date, Xx. Xxxxxx shall engage an individual or entity, such as an accounting, auditing, or consulting firm (hereinafter “Independent Review Organization” or “IRO”), to perform the reviews listed in this Section III.C. The applicable requirements relating to the IRO are outlined in Appendix A to this IA, which is incorporated by reference.‌

  • SECTION 2 - APPOINTMENT 2.1 Employee is appointed as a technical officer currently assigned as the Executive Assistant effective August 4, 2020, on the terms and conditions set out in the Agreement.

  • Non-Promotive Appointment 254. An employee or officer who is a permanent appointee following completion of the probationary period or 2,080 hours of permanent service, and who accepts a non-promotive appointment in a classification having the same salary grade, or a lower salary grade, the appointee shall enter the new position at that salary step which is the same as that received in the prior appointment, or if the salary steps do not match, then the salary step which is immediately in excess of that received in the prior appointment, provided that such salary shall not exceed the maximum of the salary grade. Further increments shall be based upon the seniority increment anniversary date in the prior appointment.

  • Fixed Term Appointment (a) An employee and an employer may agree that the employment of the employee will end:

  • Initial Appointment Upon initial appointment, a bargaining unit employee shall be issued a letter of offer, signed by the xxxx/director, citing specific terms and conditions of employment and his or her initial assignment of responsibilities. The University may enclose informational addenda, except that such addenda may not abridge the employee's rights or benefits provided in the BOT-UFF Agreement or BOT- UFF Policies. All academic year appointments for employees at a University shall begin on the same date. Two weeks prior to the beginning of classes each semester, the University shall send to the UFF Chapter a list of bargaining unit employees hired since the beginning of the previous semester, showing name; rank or title; department, college, program or employment unit; salary; and principal place of employment (campus). The initial letter of offer shall contain the following elements:

  • Termination of Probationary Appointment (a) The Employer may terminate a probationary appointment at any time.

  • Medical/Dental Appointments ‌ Where medical and/or dental appointments cannot be scheduled outside the employee's working hours, sick leave with pay shall be granted.

  • Regular Appointment The authorized appointment of an individual to a position covered by Civil Service.

  • Resignation of Representative A Representative may resign at any time by giving notice to the Company and all of the Holders of the Notes at least thirty (30) days before such resignation is to become eRective. Upon the resignation of a Representative, a replacement shall be selected by the affirmative vote of Holders holding a majority of the Notes, measured by outstanding principal amount. If such Holders have not selected a replacement Representative within sixty (60) days following the eRective date of the resignation, then Portal may, at any time, by giving notice to the Company and all of the Holders, designate a replacement Representative who shall not be related to or affiliated with Portal or the Company.

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