Examples of Nominating Body in a sentence
The Representative Director Nominating Body shall recommend a number of directors that equals 20% of the total number of directors serving on the Board (the “Representative Director(s)”), provided that if 20% of the directors then serving on the Board is not a whole number, such number of Representative Directors shall be rounded up to the next whole number.
The sole stockholder shall be bound to nominate and elect the Representative Director nominees recommended by the Representative Director Nominating Body, provided that the Representative Director nominees are not opposed by a petition candidate as set forth in Section3.2 below.
Directors not recommended by the Representative Director Nominating Body shall be nominated and elected by the sole stockholder at the annual meeting of the stockholders.
The Adjudicator Nominating Body shall be The Royal Institute of Chartered Surveyors.
Petitions must be filed with the Secretary no later than 5:00 p.m. (Chicago time) on the 10th business day following the issuance of the circular to the Exchange Members identifying the Representative Director nominees selected by the Representative Director Nominating Body (the “Petition Deadline”).