Rotating Chairmen Sample Clauses
The Rotating Chairmen clause establishes a system where the role of chairman or meeting leader alternates among designated individuals or representatives over a set period or sequence of meetings. Typically, this means that each party to an agreement or each member of a committee takes turns presiding over meetings, often following a predetermined schedule or order. This arrangement ensures that no single party maintains ongoing control over meeting proceedings, promoting fairness and balanced participation among all involved.
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Rotating Chairmen. The Managing Board shall meet, in person or by telephone, periodically at reasonable intervals, and further, shall meet at the specific request of either of the Members. Minutes for all such meetings shall be recorded and maintained. The Managing Board shall select a Chairman who shall preside over meetings of the Managing Board. The Members hereby agree that Spire and Gloria (Delaware) shall rotate the chairmanship of the Managing Boa▇▇ ▇▇▇h fiscal year, except that it is agreed that one of the Gloria (Delaware) Managers shall serve as the Chairman of the Manag▇▇▇ ▇▇ard for the period from the date hereof through the end of the first full fiscal year of the Company. Spire and Gloria (Delaware) agree to cause their respective members to the Ma▇▇▇▇▇▇ Board to effect the foregoing.