Community Board Sample Clauses

The Community Board clause establishes a designated group or committee responsible for overseeing certain aspects of a community, organization, or project. Typically, this board may be tasked with making decisions, resolving disputes, or managing resources within the community, and its members are often selected or elected according to specific criteria outlined in the agreement. The core function of this clause is to provide a structured mechanism for governance and decision-making, ensuring that community interests are represented and managed effectively.
Community Board. As of the Closing and thereafter, Purchasers agree to establish and maintain advisory boards of trustees ("Community Boards") for each Baptist Hospital, with each Baptist Hospital's Community Board comprised of 5 to 15 members, consisting of the CEO of the Baptist Hospital and, with respect to the remaining members, 50% of whom shall be physicians on the Medical Staff of the Baptist Hospital and 50% of whom shall be community representatives. To the extent permitted by applicable law, each Baptist Hospital's Community Board shall be responsible for quality management, medical staff credentialing and accreditation matters at the Baptist Hospital, and shall have such other responsibilities and authorities as delegated to it by Purchaser's Board of Directors.
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Community Board. 51 12.5 Management by Purchaser's Board of Directors.....................51 12.6 Regional Boards..................................................52 12.6.1. Regional Board..........................................52 12.6.2. Regional Medical Board..................................52 12.7
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Community Board. The term "Community Board" shall mean the Board of Education of a community district.
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Community Board. At the Effective Time and for a period of one year thereafter, NB&T shall establish and maintain a Bank Community Board to be comprised of all of the directors of CNC Bank at the Effective Time who are also directors of CNC Bank at the effective date of this Agreement. The Bank Community Board shall meet quarterly, and members of the Bank Community Board shall be entitled to receive a fee of $1,000 per meeting attended by such director. NB&T shall also establish an annual incentive payment based upon core deposit growth in the current market area of CNC Bank, the terms of which will be determined in the discretion of the NB&T Board before the Effective Time.
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Community Board. The community board serves as the primary link between ACDI/VOCA and working groups, as well as the broader community. The council is given training in successful teamwork, project proposals and ICAP requirements (such as matching contributions and record keeping.) This strategy was refined and mainstreamed into ACDI/VOCA’s program implementation strategy through the formation of Community Support Teams (CSTs), teams of local community development facilitators and technical experts that would travel to communities to mobilize and support community councils and projects. The CSTs were the primary interface with the community.
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Community Board. Each current member of the Board of Directors of TriSummit shall, following the Effective Time, be entitled to serve on the HomeTrust Tri-Cities Tennessee Community Board (the “HomeTrust Community Board”), and the current President and Chief Executive Officer of TriSummit will, as soon as practicable following the Effective Time, become the Vice Chairman of the HomeTrust Community Board, if he elects to serve thereon. HomeTrust Community Board service is for a period of one (1) year and may be extended at the pleasure of the Board of Directors of HomeTrust Bank. Regular meetings of the HomeTrust Community Board are held quarterly in Johnson City, Tennessee, and each HomeTrust Community Board director receives a fee of $200 for each meeting attended in person.
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Community Board. The Director acknowledges and agrees to serve as a member of the Community Board upon the consummation of the Mergers. This board will serve at the discretion of the Company. The members of the Community Board shall be paid a fee of $200 per meeting of the Community Board and this fee may be modified from time to time in the discretion of the Company. To join the Community Board, the Director hereby agrees to relinquish and resign from his director position with FMB upon consummation of the Mergers.
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Related to Community Board

  • Advisory Board (a) The Managing Member may establish an Advisory Board comprised of members of the Managing Member’s expert network and external advisors. The Advisory Board will be available to provide guidance to the Managing Member on the strategy and progress of the Company. Additionally, the Advisory Board may: (i) be consulted with by the Managing Member in connection with the acquisition and disposal of a Series Asset, (ii) conduct an annual review of the Company’s acquisition policy, (iii) provide guidance with respect to, material conflicts arising or that are reasonably likely to arise with the Managing Member, on the one hand, and the Company, a Series or the Economic Members, on the other hand, or the Company or a Series, on the one hand, and another Series, on the other hand, (iv) approve any material transaction between the Company or a Series and the Managing Member or any of its Affiliates, another Series or an Economic Member (other than the purchase of interests in such Series), (v) provide guidance with respect to the appropriate levels of annual fleet level insurance costs and maintenance costs specific to each individual Series Asset, and review fees, expenses, assets, revenues and availability of funds for distribution with respect to each Series on an annual basis and (vi) approve any service providers appointed by the Managing Member in respect of the Series Assets. (b) If the Advisory Board determines that any member of the Advisory Board’s interests conflict to a material extent with the interests of a Series or the Company as a whole, such member of the Advisory Board shall be excluded from participating in any discussion of the matters to which that conflict relates and shall not participate in the provision of guidance to the Managing Member in respect of such matters, unless a majority of the other members of the Advisory Board determines otherwise. (c) The members of the Advisory Board shall not be entitled to compensation by the Company or any Series in connection with their role as members of the Advisory Board (including compensation for attendance at meetings of the Advisory Board), provided, however, the Company or any applicable Series shall reimburse a member of the Advisory Board for any out of pocket expenses or Operating Expenses actually incurred by it or any of its Affiliates on behalf of the Company or a Series when acting upon the Managing Member’s instructions or pursuant to a written agreement between the Company or a Series and such member of the Advisory Board or its Affiliates. (d) The members of the Advisory Board shall not be deemed managers or other persons with duties to the Company or any Series (under Sections 18-1101 or 18-1104 of the Delaware Act or under any other applicable law or in equity) and shall have no fiduciary duty to the Company or any Series. The Managing Member shall be entitled to rely upon, and shall be fully protected in relying upon, reports and information of the Advisory Board to the extent the Managing Member reasonably believes that such matters are within the professional or expert competence of the members of the Advisory Board, and shall be protected under Section 18-406 of the Delaware Act in relying thereon.

  • Parent Board of Directors The Board of Directors of Parent will take all actions necessary such that two members of Company's Board of Directors reasonably acceptable to Parent, at least one of whom is an independent director of the Company's Board of Directors, shall be appointed to Parent's Board of Directors as of the Effective Time with a term expiring at the next annual meeting of Parent's stockholders.

  • School Board Any reference to School Board or District in this Agreement shall mean the District and/or its designated officials.

  • Governing Board The School shall be governed by a board (the “Charter Board”) in a manner that is consistent with the terms of this Certificate so long as such provisions are in accordance with state, federal, and local law. The Charter Board shall have final authority and responsibility for the academic, financial, and organizational performance of the School. The Charter Board shall also have authority for and be responsible for policy and operational decisions of the School, although nothing herein shall prevent the Charter Board from delegating decision-making authority for policy and operational decisions to officers, employees and agents of the School, as well as third party management providers.

  • CENTRAL LABOUR RELATIONS COMMITTEE C4.1 OPSBA, the Crown and OSSTF agree to establish a joint Central Labour Relations Committee to promote and facilitate communication between rounds of bargaining on issues of joint interest.