Charter Board Composition Clause Samples

The Charter Board Composition clause defines the structure and membership requirements of the governing board for an organization or entity. It typically outlines the number of board members, their qualifications, appointment procedures, and terms of service. For example, it may specify that the board must include representatives from certain stakeholder groups or require a minimum number of independent directors. This clause ensures balanced and effective governance by establishing clear rules for board formation and representation, thereby promoting accountability and diverse oversight.
Charter Board Composition. The composition of the Charter Board shall at all times be determined by and consistent with the Articles and Bylaws and all applicable law and policy. The Charter Board shall notify the Authorizer of any changes to its composition and provide an amended School Leadership Roster within five (5) business days of their taking effect.
Charter Board Composition. The composition of the School’s Governing Board shall at all times be determined by and consistent with the School’s articles of incorporation and bylaws, and all applicable laws, rules, regulations, and policies. The Charter Holder shall notify the Commission of any changes to the School’s Governing Board members or their contact information within 48 hours of the change.
Charter Board Composition. The composition of the Board shall at all times be determined by and consistent with the articles of incorporation and bylaws, and all applicable laws, rules,
Charter Board Composition. The composition of the Charter Holder’s board of directors shall at all times be determined by and consistent with the articles of incorporation and bylaws, and all applicable laws, rules, regulations, and policy. The Charter Holder shall notify the Authorizer of any changes to its composition and provide an amended contact information within five (5) business days of it taking effect.
Charter Board Composition. The composition of t he C h ar t e r Bo a r d s h al l at al l ▇▇▇ e s be determined by and consistent with the Articles and Bylaws and all applicable law and policy. The Charter Board shall notify the Authorizer of any changes to its composition and provide an amended School Leadership Roster within five (5) business days of their taking effect.

Related to Charter Board Composition

  • Board Composition and Board Designations The Company shall ensure that: (i) the qualifications of the persons serving as members of the Board of Directors and the overall composition of the Board comply with the S▇▇▇▇▇▇▇-▇▇▇▇▇ Act, with the Exchange Act and with the listing rules of the Exchange or any other national securities exchange, as the case may be, in the event the Company seeks to have its Public Securities listed on another exchange or quoted on an automated quotation system, and (ii) if applicable, at least one member of the Audit Committee of the Board of Directors qualifies as an “audit committee financial expert,” as such term is defined under Regulation S-K and the listing rules of the Exchange.