The Board of Directors definition
Examples of The Board of Directors in a sentence
Purchase of gifts, meals, entertainment, awards, or other personal expenses for 19 CONTRACTOR’s staff, volunteers, or members of the Board of Directors or governing body.
This Agreement shall specify that it is effective irrespective of all subsequent resignations 30 or terminations of CONTRACTOR members of the Board of Directors or its designee or authorized 31 agent, employees, consultants, subcontractors, volunteers and interns.
In addition, if the Organization requests (pursuant to Paragraph E above) that the asset allocation strategy for the Fund be changed and the Foundation makes such a change, the Foundation may charge against the assets in the Fund an additional fee, as determined from time to time by the Board of Directors, designed to cover the costs of such a change in asset allocation.
The Fund shall be invested by the Foundation according to the Investment Guidelines established by the Board of Directors of the Foundation, which may be modified from time to time by the Board of Directors if it determines it is prudent to do so, considering the investment standards set forth in the Georgia Uniform Prudent Management of Institutional Funds Act, or any corresponding future Georgia law, and any other applicable legal standards.
In addition, in the unlikely event that, in the judgment of the Board of Directors of the Foundation, the passage of time or a dramatic change in circumstances causes a restriction or condition on distributions from the Fund to become unnecessary, incapable of fulfillment, or inconsistent with the charitable needs of the community served, the Foundation may modify such restriction or condition to assure that the Fund continues to serve charitable purposes.