The Trustee Board. (a) The management of the Compensation Funds shall vest in the Trustee. (b) The Trustee Board shall consist of a minimum of three Directors and a maximum of five Directors as determined by the Directors. (c) Initially there shall be five Directors. JHISE must appoint three of those initial Directors and the NSW Government must appoint two of those initial Directors. 1 See letter agreements dated 3 August 2007 and 13 May 2008 specifying agreed interest rates for particular periods.
Appears in 2 contracts
The Trustee Board. (a) The management of the Compensation Funds shall vest in the Trustee.
(b) The Trustee Board shall consist of a minimum of three Directors and a maximum of five Directors as determined by the Directors.
(c) Initially there shall be five Directors. JHISE JHINV must appoint three of those initial Directors and the NSW Government must appoint two of those initial Directors.
1 See letter agreements dated 3 August 2007 and 13 May 2008 specifying agreed interest rates for particular periods.
Appears in 1 contract
Samples: Final Funding Agreement (Hardie James Industries Nv)
The Trustee Board. (a) The management of the Compensation Funds shall vest in the Trustee.
(b) The Trustee Board shall consist of a minimum of three Directors and a maximum of five Directors as determined by the Directors.
(c) Initially there shall be five Directors. JHISE JHI must appoint three of those initial Directors and the NSW Government must appoint two of those initial Directors.
1 See letter agreements dated 3 August 2007 and 13 May 2008 specifying agreed interest rates for particular periods.
Appears in 1 contract
Samples: Final Funding Agreement
