Common use of Senior Management and Board of Directors Clause in Contracts

Senior Management and Board of Directors. 1. Neither Party may require that an enterprise of that Party that is an investment of an investor of the other Party appoint to senior management positions, or as senior executives, a natural person of any particular nationality.

Senior Management and Board of Directors. 1. Neither Party may require that an enterprise of that Party that is an a covered investment of an investor of the other Party appoint to senior management positions, or as senior executives, a position natural person persons of any particular nationality.

Senior Management and Board of Directors. 1. Neither Contracting Party may require that an enterprise of that Contracting Party that is an investment of an investor of the other Contracting Party appoint to senior management positions, or as senior executives, a natural person of any particular nationality.

Senior Management and Board of Directors. 1. Neither Party may require that an enterprise of that Party that is an investment of an investor of the other Party appoint to senior management positions, or as senior executives, a positions natural person persons of any particular nationality. 2. A Party may require that a majority of the board of directors, or any committee thereof, of an enterprise of that Party that is an investment of an investor of the other Party, be of a particular nationality, or resident in the territory of the Party, provided that the requirement does not materially impair the ability of the investor of the other Party to exercise control over its investment.

Senior Management and Board of Directors. 1. Neither No Party may shall require that an enterprise of that Party that is an a covered investment of an investor of the other Party appoint to a senior management positions, or as senior executives, board of director positions natural persons of a natural person of any particular nationality.