Charter Members definition
Examples of Charter Members in a sentence
Charter Members are authorized to designate a representative to be a member of a Working Group.
Charter Members are expected, but shall have no obligation, to build or develop a commercial product or service supporting the Specifications and to implement defined technologies and solutions developed by the Company in the commercial products or services manufactured or developed by the Charter Member related to the Specifications.
Charter Members shall have such other rights as the Board of Directors may from time to time approve.
This Agreement shall be in full force and effect and legally binding upon the signatory MEMBERS as of the date of its passage by the corporate authorities of the Charter Members and the approval by the Board of Directors of the IPBC.
The Chairman shall serve for a term of one year and the office of Chairman shall rotate annually among the Charter Members.
Charter Members will have access to Draft Specifications under development and are authorized to provide comments and input to specifications under development.
The membership of QCHIP shall consist of those Charter Members which are parties to this Agreement plus any other governmental entity admitted to membership as a MEMBER from time-to-time, less any MEMBER which withdraws or is expelled from QCHIP in accordance with the provisions of this Agreement.
The Board of Directors shall (i) approve or disapprove the formation of each Working Group, (ii) approve or disapprove the purposes or objectives of such Working Group and (iii) appoint the initial and any replacement chairperson of such Working Group from among the Charter Members or Core Members, which chairperson shall serve for a term of one (1) year after which time the Board of Directors must either replace or reappoint said chairperson.
Charter Members are authorized to designate a representative to be a member of the Board of Directors of the Company, as described below.
Charter Members will have access to all releases of Final Specifications in accordance with the terms of the Intellectual Property Rights Policy without additional fee.