Common use of The Board of Directors Clause in Contracts

The Board of Directors. 1. The Board of Directors will be composed of the Director acting as President, the members of the Executive Committee and representatives of the participating countries, international organizations, or other institutions or programs with which the EPLO establishes co-operative relationships. The EPLO will also invite an Official/staff member of the European Commission to sit in the Board. Representatives of institutions or programs with which the EPLO establishes cooperative relationships, as well as members to this Agreement with no full vote in the Assembly, shall sit on the Board with a consultative vote, except in cases of activities in which they actively participate. Deviations from this rule may be detailed in the Rules of the Organization. The detailed composition of the Board of Directors, the voting rights of each member and the procedures to be followed will be detailed in the Rules of the Organization. 2. The Board members will be appointed after entry into force of this Agreement and thereafter whenever needed, following consultations with every represented party, institution etc., by act of the Director. Once appointed, the Board members shall serve in their personal capacities and shall not be bound by directives from their governments or organizations. 3. The Board shall meet at least once a year to carry out its functions, consisting of approving the general policy of the EPLO and the budget, and taking note of the audited financial statements; 4. When the quorum of the majority of the members with full vote is obtained, decisions of the Board shall be taken by a majority vote among the members with full vote present in the deliberations, unless otherwise provided for in this Agreement or the Rules. 5. The Board shall issue the Rules for the detailed objectives and governance of the Organization in accordance with and complimentary to this Agreement.

The Board of Directors. 1. The Board of Directors will be composed of the Director acting as President, the members of the Executive Committee and representatives of the participating countries, international organizations, or other institutions or programs with which the EPLO establishes co-operative relationships. The EPLO will also invite an Official/staff member of the European Commission to sit in the Board. Representatives of institutions or programs with which the EPLO establishes cooperative co-operative relationships, as well as members to this Agreement with no full vote in the Assembly, shall sit on the Board with a consultative vote, except in cases of activities in which they actively participate. Deviations from this rule may be detailed in the Rules of the Organization. The detailed composition of the Board of Directors, the voting rights of each member and the procedures to be followed will be detailed in the Rules of the Organization. 2. The Board members will be appointed after entry into force of this Agreement and thereafter whenever needed, following consultations with every represented party, institution etc., by act of the Director. Once appointed, the Board members shall serve in their personal capacities and shall not be bound by directives from their governments or organizations. 3. The Board shall meet at least once a year to carry out its functions, consisting of approving the general policy of the EPLO and the budget, and taking note of the audited financial statements; 4. ; When the quorum of the majority of the members with full vote is obtained, decisions of the Board shall be taken by a majority vote among the members with full vote present in the deliberations, unless otherwise provided for in this Agreement or the Rules. 5. The Board shall issue the Rules for the detailed objectives and governance of the Organization in accordance with and complimentary to this Agreement.