Examples of Audit and Finance Committee in a sentence
If the Chapter has chosen to establish an Executive Committee, the Executive Committee shall also serve as an Audit and Finance Committee.
With recommendation of the Audit and Finance Committee, the Chapter Board of Directors in advance of the next fiscal year shall adopt an annual operating budget covering all Chapter activities.
The Audit and Finance Committee of the Board of Directors, or any successor audit committee, shall select certified public accountants to audit the books of account and other appropriate corporate records of the Company annually and at such other times as the Board shall determine by resolution.
The Company will employ a sophisticated system of physical security measures to protect its employees, operations and assets.
The Audit and Finance Committee will maintain, through regularly scheduled meetings, communications between the directors and independent accountants and will provide assistance to the Board in fulfilling its fiduciary and statutory responsibilities related to corporate accounting, integrity of financial controls, and reporting practices.
The Chief Executive Officer shall be an ex officio non-voting member of the Board and of all committees except the Audit and Finance Committee and the Nominations Committee.
Accordingly, Employee acknowledges, consents and agrees that, in addition to any other rights or remedies that the Company may have at law or in equity, the Company shall be entitled to seek a temporary restraining order or a preliminary or permanent injunction, or both, without bond or other security, restraining Employee from breaching Employee’s post-termination obligations under the Employment Agreement or Employee’s obligations hereunder.
Not less than quarterly the Investment Officers will submit to the Audit and Finance Committee and the Board a written report of the status of the current investment portfolio.
The further duties of the Audit and Finance Committee shall be established from time to time by the Board.
The Audit and Finance Committee of the Board of Directors will consist of three or more directors, none of whom shall be an officer or employee of the Corporation.