Supervisory Board Member definition

Supervisory Board Member means a member of the Supervisory Board.

Supervisory Board Member has the meaning given in Clause 5.1.1;

Supervisory Board Member means a member of the Supervisory Board;

Examples of Supervisory Board Member in a sentence

• The details of the appointment policy of candidates for the Audit & Supervisory Board Members, the procedures for determining proposals on appointment of the Audit & Supervisory Board Members, the necessity of appointing a substitute for any Audit & Supervisory Board Member, etc.

• Nasze Sklepy Sp. z o.o.Adam Krzysztof Abramowicz – Supervisory Board Member, Rui Amaral – Member of the Supervisory Board,Katarzyna Kopaczewska – Member of the Supervisory Board.

• He serves as Outside Audit & Supervisory Board Member of the Company since June 2016.

• When an Audit & Supervisory Board Member make a request for prepayment or reimbursement of expenses for the execution of their duties, they promptly apply unless it is deemed that the expenses or obligations related to the request are not necessary for the execution of his / her duties.

• The Company considers that he has properly performed his duties in auditing business management and hence, appointed him as an Audit & Supervisory Board Member.

• The Company has adopted the Audit & Supervisory Board Member system and has the Audit & Supervisory Board with two full-time and two part-time Audit & Supervisory Board Members.

• The Board of Directors nominates candidates for Audit & Supervisory Board Members aiming at a good balanced appointment of an Audit & Supervisory Board Member with diverse knowledge, experience and skills.

• To prepare for the payment of retirement benefits to directors and Audit & Supervisory Board Member, a reserve is provided at the amount deemed to have accrued at the end of the fiscal year (the estimated amount payable on the balance sheet date based on the bylaws) out of the estimated amount payable as retirement benefits to directors and Audit & Supervisory Board Member.

• Based on audit policies, each Audit & Supervisory Board Member audits the execution of duties by Directors and hears reports from members of the executive management team on their execution of duties, thereby performing appropriate audits.

• Additionally, as for Audit & Supervisory Board Member candidates, prior to deliberation of the Board of Directors, consent of the Audit & Supervisory Board shall be acquired.

More Definitions of Supervisory Board Member

Supervisory Board Member means any member of the Supervisory Board.

Supervisory Board Member has the meaning set forth in Section 5.1.

Supervisory Board Member means each and every member of the Supervisory Board, unless it follows from the context of the term that it does not apply to the Chairperson of the Supervisory Board;