Report to the Board. Notwithstanding the indemnification provisions of the Agreement, to the extent that the AMLO incurs any liability in connection with the performance of the services set forth in this Schedule C (or any omission with respect thereto), he or she will be covered under the Directors and Officers Errors and Omissions insurance policy of the Trust, in accordance with the terms therein and all deductibles applicable to such policy shall be covered by the Trust.
Report to the Board. The employee while on leave shall notify the Board of Education of any employment and the rate of remuneration, and upon completion of the leave shall file a statement with the Board setting forth the sources and amount of income received while on leave. Upon completion of the leave and no later than thirty (30) days from the beginning of the next succeeding semester, a complete written report shall be made to the Board. An official transcript of courses taken and grades earned must be filed with the Human Resources Office upon completion of a leave for formal study. A written statement from a sponsor shall be acceptable in lieu of a transcript of grades. A full report in writing on the travel program shall be submitted. This report must be acceptable to the Board.
Report to the Board. The Company will report the following information to the Board once each calendar month:
7.5.1. The unaudited financial statements of the Company (prepared in accordance with IFRS) consisting of a balance sheet as of the end of the preceding calendar month and the related statements of income (including earnings per share), shareholders’ equity and cash flows for the calendar month then ended, certified by the Finance Director of the Company; and
7.5.2. A written report comparing actual results for such calendar month to the annual budget and business plan and containing comments on any other significant operational or other developments which may have a material impact on the business of the Company.
Report to the Board. The Committee shall report to the Board regularly and make available to the Board the minutes of its meetings.
Report to the Board. The Representative Director shall ensure that the following information be reported to the Board within forty-five (45) days of each quarter, in Korean and English:
(i) interim financial statements of KUT as at the end of the preceding quarter consisting of the balance sheet, income statement, statement of cash flow, statements of changes in financial position, specifications of manufacturing cost, and surplus appropriation statement or deficit disposal statement;
(ii) a written report comparing actual results for such quarter to the business plan and budget for the relevant year and containing comments on any other significant operational or other developments which may affect KUT and a commentary on the outlook for the next four (4) fiscal quarters; and
(iii) a report of KUT disclosing and detailing any transactions or agreements between KUT and any of its directors, officers or Affiliates or any director or officer of any Affiliate and any other transaction or agreement other than on commercial arm’s-length terms.
Report to the Board. The following information shall be reported to the Board once each fiscal quarter:
(a) The unaudited financial statements of the Company consisting of a balance sheet as of the end of the preceding fiscal quarter and the related statements of income (including earnings per share), shareholders’ equity and cash flows for the fiscal quarter then ended, certified by the chief financial officer of the Company;
(b) A written report comparing actual results for such fiscal quarter to the annual budget and business plan and containing comments on any other significant operational or other developments which may affect the Company; and
(c) A summary or scorecard with key operational and business targets and milestones.
Report to the Board. You shall continue to report directly to the Company's Board of Directors. You shall continue to serve as a member of the Board of Directors of the Company and the Company will take such steps as may be necessary and appropriate to have you nominated for reelection for additional terms as a director during the term of this Agreement.
Report to the Board. Notwithstanding the indemnification provisions of the Agreement, to the extent that the AMLO incurs any liability in connection with the performance of this Agreement, he or she shall be covered under the Directors and Officers Errors and Omissions insurance policy of the Trust, in accordance with the terms therein and the deductible shall be covered by the Trust. NLCS represents and warrants that:
a) It has access to the necessary facilities, equipment, and personnel with the requisite knowledge and experience to assist the AMLO in the performance of their duties and obligations under this Agreement;
b) It shall make available a person who is competent and knowledgeable regarding the federal securities laws and is otherwise reasonably qualified to act as an AMLO and who will, in the exercise of his or her duties to the Trust, act in good faith and in a manner reasonably believed by him or her to be in the best interests of the Funds;
c) It shall compensate the AMLO fairly, subject to the Board’s right under any applicable regulations (e.g., Rule 38a-1) to approve the designation, termination and level of compensation of the AMLO. In addition, it shall not retaliate against the AMLO should the AMLO inform the Board of a compliance failure or take aggressive action to ensure compliance with the federal securities laws by the Trust or a Service Provider;
d) It shall report to the Board promptly if it learns of AMLO malfeasance or in the event the AMLO is terminated as an AMLO, as the case may be, by another fund company or if the AMLO is terminated by NLCS; and
e) It shall report to the Board if at any time the AMLO is subject to the disqualifications set forth in Section 15(b)(4) of the Exchange Act or Section 9 of the 1940 Act. The Trust represents and warrants that:
a) The AMLO shall be covered by the Trust’s Directors & Officers/Errors & Omissions Policy (the “Policy”); and
b) The AMLO is a named officer in the Trust’s corporate resolutions and, though not specifically named in the Trust’s organizational documents, subject to their provisions regarding indemnification of its officers.
Report to the Board. The Administrator will submit annually to the Board a report consisting of (i) a summary of the financial conditions of the Trust Fund, (ii) a summary of the operations of the Plan for the past year and (iii) any further information which the Board may require.
Report to the Board. The Company's Chief Executive Manger shall submit a prospective 12-month budget to the Board for approval within 30 days prior to the beginning of each Fiscal Year. In addition, the Company's CFM will, within 30 days prior to the beginning of each Fiscal quarter, submit a quarterly report refining such 12-month budget to the Board for approval.
