Board Supervision Sample Clauses

Board Supervision. All of the functions undertaken by the Investment Manager hereunder shall at all times be subject to the direction of the Board of Directors, its executive committee, or any committee or officers of the Company acting under the authority of the Board of Directors. AMERICAN CENTURY STRATEGIC ASSET ALLOCATIONS, INC.

Board Supervision. All of the functions undertaken by the Adviser hereunder shall at all times be subject to the direction of the Board of Trustees of the Trust, or any committee or officers of the Trust acting under the authority of the Board of Trustees.

Board Supervision. The activities of the Consultant to be performed under this Agreement shall be subject to the supervision of the Board to the extent required by applicable law or regulation and subject to reasonable written policies not inconsistent with the terms of this Agreement adopted by the Board and delivered to the Consultant from time to time. Where not required by applicable law or regulation, the Consultant shall not require the prior approval of the Board to perform its duties under this Agreement.

Board Supervision. The Manager shall be subject to the general supervision and specific directions of the Board of Directors of the Company or their designees.

Board Supervision. (1) Within one hundred twenty (120) days of the date of this Agreement, the Board shall strengthen its supervision presently being provided to the Bank by, at a minimum: (a) assessing the strengths and weaknesses of each member of the Board and the Board as a whole; (b) making additions to or deletions from the membership of the Board if any weaknesses identified in subparagraph (1)(a) of this Article cannot be timely and effectively addressed through the education program described in paragraph (3) of this Article; and (c) correcting or eliminating any other deficiencies in the supervision or organizational structure of the Bank. The Board shall document in writing its actions to comply with the requirements of paragraph (1) of this Article. (2) Within thirty (30) days of the date of this Agreement, and on an ongoing basis thereafter, the Board shall ensure that management keeps the Board appropriately, adequately, and timely informed on the Bank’s operations to enable the Board members to fulfill their fiduciary responsibilities, their responsibilities under this Agreement, and other responsibilities under law. (3) Within one hundred twenty (120) days of the date of this Agreement, the Board shall develop, adopt, implement, and thereafter adhere to, a written education program designed to strengthen weaknesses identified in the assessment required by subparagraph (1)(a) of this Article and to ensure the Board members have the knowledge and skills to fulfill their fiduciary responsibilities, their responsibilities under this Agreement, and other responsibilities under law. (4) The Board shall reassess its supervision of the Bank at least annually, or more frequently if necessary or if required by the Assistant Deputy Comptroller in writing. This reassessment shall, at a minimum, comply with the requirements of paragraph (1) of this Article. The Board shall document in writing all reassessments.

Board Supervision. The Manager, in its capacity as manager of the assets and the day-to-day operations of the Company, at all times will be subject to the supervision and direction of the Company’s Board of Directors and will have only such functions and authority as the Board of Directors may delegate to it, including the functions and authority identified herein and delegated to the Manager hereby.

Board Supervision. 8 Section 2.5