Initial Board definition

Initial Board means the board of a newly reorganized district that is selected pursuant to section 275.25 or 275.41 and functions until the organizational meeting following the second regular school election held after the effective date of the reorganization.

Initial Board means the Board of Directors of the Company immediately following the consummation of the transactions contemplated by the Merger Agreement.

Initial Board has the meaning set forth in Section 6.1.

Examples of Initial Board in a sentence

• The Initial board will be people who can get things done and can raise money.

• Initial board appointments shall be made so that terms are staggered, with six members to serve an initial term of two years and five members to serve an initial term of three years, determined after appointment by lottery.

• Initial board committees likely would include governance, technical operations, and finance for starters with formal committees around new member recruitment, workforce development, and perhaps others to come later.

• In economic terms, the presence of perfect information and imperfect competition (which procurement regulation seeks to remedy) means that acceptance of the lowest price may lead to the purchase of the lowest quality products.

• Initial board seats need to be appointed by Cities and District, since there won’t be an election between the time the RFA is approved by voters and when it starts to meet.

More Definitions of Initial Board

Initial Board means the directors who are members of the Board effective as of the Closing.

Initial Board has the meaning set forth in Section 6.1 hereof.

Initial Board has the meaning set forth in Section 2.01(a).

Initial Board shall have the meaning set forth in Article IV.Q.3 hereof.

Initial Board means the Board of Directors of Pubco immediately following the consummation of the Transactions.

Initial Board has the meaning specified in the Sponsor Agreement.

Initial Board means those individuals appointed by Declarant as Directors pursuant to the power granted to Declarant in Section 9.04 of these Articles.