Fortis Board definition

Fortis Board means the board of directors of Fortis.
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Fortis Board means the board of directors of Fortis. “Grant Date” means January 1st of the year in which the Committee authorizes an Award, or such later or earlier date as shall be designated by the Committee and set forth in the Applicable Agreement. 3
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Fortis Board means the board of directors of Fortis. “Good Reason” means the occurrence, after a Change of Control, of any of the following events without the Participant's written consent: (a) a reduction in the base salary of the Participant other than a general reduction that affects all similarly situated executives in substantially the same proportions; (b) a reduction in the Participant’s target short term incentive or long term incentive opportunity, other than a general reduction that affects all similarly situated executives in substantially the same manner; (c) any failure by the Company or a Subsidiary thereof, as applicable, to comply with any material terms of the Participant's employment as in effect immediately prior to such Change of Control, other than an inadvertent failure not occurring in bad faith and which is remedied by the Company or such Subsidiary promptly after receipt of written notice thereof given by the Participant;
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Examples of Fortis Board in a sentence

  • Proposed grants to the Corporation’s executive officers under the Fortis Stock Option Plan are submitted by the Corporation’s Board to the Human Resources Committee of the Fortis Board of Directors for approval.

  • Prior to the acquisition, an investigation report by an independent external legal firm was submitted to the former Fortis Board, indicating A NOTES TO THE INTERIM FINANCIAL REPORTFOR THE SECOND QUARTER AND FINANCIAL PERIOD ENDED 30 JUNE 2020systematic lapses and/or override of internal controls.

  • Accordingly, steps have been taken in relation to enhanced authority levels for payments/transfer of funds within Fortis Group, and review of borrowings above certain levels by the Fortis Board.

  • The Fortis Board has initiated an enquiry of the management of the certain entities in the Fortis Group that were impacted in respect of the matters investigated by the external legal firm.

  • Fortis Board continues to evaluate other areas to strengthen processes and build a robust governance framework.

  • The independent accounting firm submitted their report to the Fortis Board, and the Fortis Board deliberated the findings at its meeting held on 16 September 2020.

  • Prior to the acquisition, an investigation A NOTES TO THE INTERIM FINANCIAL REPORTFOR THE FOURTH QUARTER AND FINANCIAL YEAR ENDED 31 DECEMBER 2020report by an independent external legal firm was submitted to the former Fortis Board, indicating systematic lapses and/or override of internal controls.

  • Prior to the acquisition, an investigation report by an independent external legal firm was submitted to the former Fortis Board, indicating systematic lapses and/or override of internal controls.

  • In connection with the above, a resolution of the General Meeting of Fortis regarding the merger of the Companies will include also granting authorisation to Fortis Board of Executives to enter into an agreement on registration of the Merger Issue Shares in KDPW and on the share dematerialisation and to apply for admission and introduction of the Merger Issue Shares into the stock exchange trading.

  • These include review and revision of operational and financial authority levels, greater oversight by Fortis Board, review and improve financial reporting processes, more robust secretarial documentation in regard to compliance to regulatory requirements and improving systems design and control enhancement.

Related to Fortis Board

  • R.S. Board means the Board of Governors of the Federal Reserve System or any successor thereto.

  • Parent Board means the board of directors of Parent.

  • CPF Board means the Central Provident Fund Board, a body corporate established under the Central Provident Fund Act (Cap. 36);

  • Management Board means the management board of the Company.

  • MUSL Board means the governing body of the MUSL, which is comprised of the chief executive officer of each Party Lottery.

  • Company Board of Directors means the board of directors of the Company.

  • Local board means a school board, public utility, commission, transportation commission, public library board, board of park management, local board of health, board of commissioners of police, planning board, or any other board, commission, committee, body or local authority established or exercising any power or authority under any general or special Act with respect to any of the affairs or purposes, including school purposes, of the municipality or any part or parts thereof;

  • Board Chair means the chair of the Board;

  • Company Board means the Board of Directors of the Company.

  • Medical Board means the board of physicians as provided by this chapter.

  • Independent Board Committee means the independent board committee of the Company

  • School board means the governing board of directors of the local school district.

  • Retirement board or "board" means the retirement system's governing board provided for in 2-15-1010.

  • Full Board means the authorized number of voting members of the Board of Education.

  • Executive Directors means a person appointed as director directly accountable to the municipal manager.

  • New Directors means any director whose election by the Board or whose nomination for election by the Company's stockholders was approved by a vote of at least two-thirds of the directors then still in office who were Present Directors or New Directors.

  • Continuing Directors means, as of any date of determination, any member of the Board of Directors of the Company who (i) was a member of such Board of Directors on the date of this Indenture or (ii) was nominated for election or elected to such Board of Directors with the approval of a majority of the Continuing Directors who were members of such Board at the time of such nomination or election.

  • College board means the state board for community and

  • Bank Board means the Board of Directors of the Bank.

  • Member board means a state agency in a member state that acts in the sovereign interests of the state by protecting the public through licensure, regulation, and education of physicians as directed by the state government.

  • Supervisory Board means the Supervisory Board of the Company.

  • The Board of Directors or "Board" means all those persons appointed to perform the duties of directors of the society;

  • Non-Executive Directors means the Directors who are not in whole time employment of the Company.

  • Boards means the Virginia Board of Medicine and the Virginia Board of Nursing.

  • Independent Directors means the members of the Board of Directors who are not officers or employees of the Manager.

  • Nomination Committee means the nomination committee of the Board established in accordance with Article 114;