Examples of JV Board in a sentence
The chairman of the JV Board and the financial controller of the JV Company shall be appointed by Rich Express.
The chairman of the JV Board shall be entitled to a casting vote.
Board composition: The JV Board will consist of no more than three (3) directors.
The JV Board shall consist of seven (7) directors, four (4) of whom will be nominated by GP Electronics, and the remaining three (3) will be nominated by STH.
The quorum for a meeting of the JV Board shall be two directors present in person or by their alternates for the time being, one of which shall be the director(s) appointed by Rich Express and one of which shall be the director(s) appointed by Zhongke International Capital.
The chairman of the JV Board shall be elected by rotation and shall not have a casting vote.
In addition, (x) to the extent that Consultant is requested to, and agrees to, serve on the JV Board, Consultant shall be covered by the applicable directors and officers liability insurance policy maintained by the Company, subject to, and in accordance with, the terms and conditions of such policy and (y) Global Eagle Ltd.
At least once in every three consecutive years after the Closing Date the JV Board shall be entitled to appoint a reputable Investment Bank to review the JV Group and the JV Business and report to the JV Board on potential future strategic options for the JV Group and the JV Business including any potential Exit.
Technical Solutions DB Contractor’s JV Board of Directors will review non-compliance items, validations, and test results as part of its monthly board meetings.
Reserved Matters and JV Shareholder Reserved Matters, the JV Board shall decide on all matters by a majority vote.