Provide Annual Certification Sample Clauses

Provide Annual Certification. The Individual Managers shall annually review the activities of each Board Member and certify to the Corporate Manager by means of a signed report that may be prepared by the Corporate Manager or the Director of LLC Administration the Board Member's satisfaction of his or her responsibilities under the Board Member's contract, the Bylaws, the Charter and this Agreement. In the event of an unsatisfactory review of a Board Member, the Individual Managers may proceed with removal as set forth in Section 5.3(a)(iv). The Individual Managers shall also annually review the activities of the Director of the Oversight Board and with the input from the co-chairs of the Oversight Board certify to the Corporate Manager by means of a signed report that may be prepared by the Corporate Manager or the Director of LLC Administration the Director of the Oversight Board's satisfaction of his or her responsibilities under the Director of the Oversight Board's employment contract and this Agreement. The Individual Managers shall also annually review the activities of the Board as a whole and shall prepare a written report of the Board’s activities and performance, which they shall deliver to the Corporate Manager. The Corporate Manager shall provide any reports prepared and executed pursuant to this Section 5.3(a)(iii) to the Corporate Trustee.