Xxxxxx and Duties of the Board of Directors Sample Clauses

Xxxxxx and Duties of the Board of Directors. The Board shall have the authority and responsibility to serve as the governing and administrative body for the District and shall have overall responsibility for creation and operation of the District and the Center. The Board shall oversee the siting or construction or renovation, staffing, equipping, administration, operation and financing of the Center. The Board shall exercise and accept the powers, duties, responsibilities and liabilities of the District. The Board shall adopt an annual operating budget and annual and multi-year capital budgets with the approval of the Financial Advisory Committee (defined below), and with advice and assistance from the Operations Committee (defined below) and the Executive Director (as described below). The proposed budget for the fiscal year commencing July 1 shall be completed and financial requirements to fund it submitted to the chief executive officers, board of assessors and treasurers of each Participating Community no later than February 1. This submission shall include the cost apportioned to each Participating Community to fund its allocable share of the budget, as described in Section 8 below. The budget shall include a line item for planned and unanticipated maintenance expenses, and a reserve fund, not to exceed ten (10%) percent of the annual non-personnel operating budget as further described in Section 7 below. The Board shall appoint an Executive Director. The Executive Director shall be an employee of the District and her/his salary and benefits shall be established by the Board. The Executive Director shall be responsible for the day-to-day operation and maintenance of the Center, subject to the specific authority retained herein by the Board and the general supervisory authority of the Board. The Board may delegate authority to the Executive Director, and a record of such delegation shall be maintained by the Executive Director citing the meeting date the delegation approved. The specific job qualifications, duties and responsibilities of the Executive Director shall be set by the Board with advice and recommendations from the Operations Committee and such other sources as the Board may consult. The Executive Director shall report to the Board. The Executive Director shall be responsible for the hiring, training, promotion, supervision, discipline, and discharge of staff, in consultation with and subject to the general supervisory authority of the Board, and in consultation with the Operations Co...

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Xxxxxx and Duties of the Board of Directors. 9.1.a.1. The Board of Directors shall be responsible for the operation of the Charter School on the terms specified within the agreement between the Charter School and the School District.

Related to Xxxxxx and Duties of the Board of Directors

Duties of the Committee The Committee will be responsible for developing recommendations based on consensus (agreement and/or abstinence constitutes consensus) for the CAAT retirees' group insurance plans. The duties of the Committee are to:
Board of Directors The Board of Directors of the Company is comprised of the persons set forth under the heading of the Pricing Prospectus and the Prospectus captioned “Management.” The qualifications of the persons serving as board members and the overall composition of the board comply with the Exchange Act, the Exchange Act Regulations, the Xxxxxxxx-Xxxxx Act of 2002 and the rules promulgated thereunder (the “Xxxxxxxx-Xxxxx Act”) applicable to the Company and the listing rules of the Exchange. At least one member of the Audit Committee of the Board of Directors of the Company qualifies as an “audit committee financial expert,” as such term is defined under Regulation S-K and the listing rules of the Exchange. In addition, at least a majority of the persons serving on the Board of Directors qualify as “independent,” as defined under the listing rules of the Exchange.
Determinations and Actions by the Board of Directors All actions, calculations and determinations (including all omissions with respect to the foregoing) which are done or made by the Board of Directors in good faith pursuant to this Agreement, shall not subject the Board of Directors to any liability to the holders of the Rights.
Chairman of the Board The Chairman of the Board, if any, shall perform such duties as shall be assigned, and shall exercise such powers as may be granted to him or her by the Manager or the Board.
Leave, Board of Directors A nurse who is elected to the Board of Directors of the Ontario Nurses' Association, other than to the office of President, shall be granted upon request such leave(s) of absence as she or he may require to fulfill the duties of the position. Reasonable notice - sufficient to adequately allow the Hospital to minimize disruption of its services shall be given to the Hospital for such leave of absence. Notwithstanding Article 10.04, there shall be no loss of seniority or service for a nurse during such leave of absence. Leave of absence under this provision shall be in addition to the Union leave provided in Article 11.02
The Board 6.1 The appointment, dismissal and conduct of the Board shall be regulated in accordance with this agreement and the Articles.
Expenses of the Board Each party shall pay:
Executive Committee (A) The Executive Committee shall be composed of not more than nine members who shall be selected by the Board of Directors from its own members and who shall hold office during the pleasure of the Board.
Senior Management and Board of Directors 1. A Member State shall not require that a juridical person of that Member State appoint to senior management positions, natural persons of any particular nationality.
RIGHTS OF THE BOARD A. The Board on its own behalf and on behalf of the electors of the district, hereby retains and reserves unto itself, without limitation, all powers, rights, authority, duties and responsibilities conferred upon and vested in it by the laws and the Constitution of the State of Michigan, and the United States, including, but without limiting the generality of the foregoing, the right;