Examples of Holding Board in a sentence
The Company or other payor is authorized to withhold from any benefit provided or payment due hereunder, the amount of withholding taxes due any federal, state or local authority in respect of such benefit or payment and to take such other action as may be necessary in the opinion of the Holding Board to satisfy all obligations for the payment of such withholding taxes.
Each year, the Holding Board shall review the Executive’s base salary for increase.
The Executive shall be eligible for other or additional long-term incentives in the discretion of the Holding Board (or a committee of the Holding Board).
The ESG Committee, which reports directly to the Eczacıbaşı Holding Board of Directors, ensures the effectiveness of ESG policies, strategies, governing bodies, and tools applicable throughout the Group, evaluates strategic priorities, and makes recommendations on social, economic and environmental issues.
Each year during the Term, the Holding Board will conduct a review of Executive’s Base Salary and, in its sole discretion, may increase Executive’s Base Salary.
The Holding Board shall review the Base Salary no less frequently than annually during the Term of Employment; provided, however, that the Base Salary shall not be decreased during the Term of Employment below the amount set forth above without the Executive’s consent (including, without limitation, for the purpose of determining benefits due under Section 9).
The Executive’s target bonus for achieving target EBITDA, as approved by the Holding Board, will be 45% of Base Salary and the Executive will receive a minimum bonus for achieving minimum EBITDA, as approved by the Holding Board.
Holding Board Workshops on Community and Industry NeedsThe Board recognizes the importance of these efforts and plans to place greater focus on this goal in 2015-16.6c.
Holding Board workshops on community and industry needs.The Board will particularly focus on this goal in 2015-16, as well as Goal 6b, especially in the area of outreach to the community.10d.
During the Employment Period, the Executive shall serve as President and Chief Executive Officer of the Company and Chairman of the Holding Board.