Consideration by the Board Sample Clauses

The "Consideration by the Board" clause defines the requirement for matters, proposals, or decisions to be formally reviewed and discussed by a company's board of directors. Typically, this clause outlines the process by which issues are brought before the board, such as through scheduled meetings or special sessions, and may specify the types of decisions that require board input, like approving major contracts or strategic initiatives. Its core practical function is to ensure that significant company actions receive appropriate oversight and collective judgment from the board, thereby promoting sound governance and accountability.
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Consideration by the Board. The Board of Directors shall set the matter for consideration at its next regularly scheduled meeting. Members of the Board shall not inquire into or otherwise discuss the allegations or the Corporate Governance Committee's ruling until the same have been presented to the Board. The respondent and a representative of the Corporate Governance Committee may, but are not required to, be present and may address the Board. No person who has previously participated in any aspect of the Corporate Governance Committee's review or deliberations (including the Investigation Subcommittee) shall participate in the deliberative appeal process.
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Consideration by the Board. If the College President chooses to seek discharge of the faculty member, he/she shall transmit the full report of the judicial committee and its action to the Board, but the President will not take action unless the faculty member shall have at least one (1) week notice before the Board meeting at which the Board will vote. The Board’s review shall be based on the report of the Judicial Committee. The faculty member shall have the right to address the Board directly in writing and/or orally in closed session with reasonable time limits, at the faculty member’s preference, regarding the administration’s recommendation, before the Board takes action, and shall be entitled to representation during such an address. The union shall also have the right to address the Board directly before a vote for discharge. Only after study of the judicial committee’s full report and recommendation and the College President’s recommendation shall the Board make its final decision through a vote. Any member of the Board who has, or may reasonably be perceived to have, a bias or conflict of interest with respect to the case shall be excused from participating in or voting on the matter. A copy of the decision will be delivered to the parties either by hand or by certified mail. In this decision, the Board will direct the President to initiate action consistent with its conclusions.
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Consideration by the Board. As the entering into of the Agreement on the Arrangement of Matters in relation to the Mecca Light Rail Project constitutes a connected transaction between the Company and CRCCG, ▇▇. ▇▇▇▇ ▇▇▇▇▇▇▇▇ and ▇▇. ▇▇▇▇ ▇▇▇▇▇▇▇, both connected Directors, did not exercise their voting rights nor exercise voting rights on behalf of other Directors on the relevant resolution. The remaining six non-connected Directors with voting rights have considered and unanimously approved the aforesaid resolution, and were of the view that the Agreement is on normal commercial terms and entered into after arm’s length negotiations between the parties; the terms of the Agreement are fair and reasonable and are in the interests of the Company and all the shareholders as a whole. All the independent non-executive Directors of the Company are of the view that the arrangement on matters in relation to the Mecca Light Rail Project allows the Company to cease bearing any risks arising from the Subsequent Implementation of the Project. The maximum losses to be incurred by the Company in respect of the Project have been fixed. In addition, the arrangements on allocation of the income from claims may help further cut the losses from the Project or even achieve a turnaround in respect of the Project. Therefore, the interests of the Company’s shareholders, especially the minority shareholders, could be protected. Given that the consideration of the transactions under the arrangement on matters in relation to the Mecca Light Rail Project is fair and reasonable, and the voting procedures for the relevant resolution were in compliance with the laws and regulations and other regulatory documents as well as the Articles of Association, all the independent non-executive Directors approved the implementation of the arrangement on matters in relation to the Mecca Light Rail Project. As CRCCG is a central enterprise in which SASAC performs its duties as a capital contributor, and an investment institution authorized by the State, the aforesaid arrangement on matters in relation to the Mecca Light Rail Project made by the Company will further facilitate the implementation of the Mecca Light Rail Project, ensure a smooth completion thereof and help properly deal with the claim issues relating to the Project. Upon the signing of the Agreement on the Arrangement of Matters in relation to the Mecca Light Rail Project, the Company will cease to bear any risks arising from the Subsequent Implementation of the...
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Consideration by the Board. If the College President chooses to seek dismissal of the faculty member, they shall transmit the full report of the Judicial Committee and its action to the Board. The Board’s review shall be based on the record of the judicial committee hearing, accompanied by opportunity for argument, oral or written or both, by the principals or their representatives. Only after study of the Judicial Committee’s full report and recommendation and the College President’s recommendation shall the Board make its final decision through a vote.
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Related to Consideration by the Board

  • Action by the Board (a) Meetings of the Board may be called by any Manager upon two (2) days prior written notice to each Manager. The presence of a majority of the Managers then in office shall constitute a quorum at any meeting of the Board. All actions of the Board shall require the affirmative vote of a majority of the Managers then in office. (b) Meetings of the Board may be conducted in person or by conference telephone facilities. Any action required or permitted to be taken at any meeting of the Board may be taken without a meeting if such number of Managers sufficient to approve such action pursuant to the terms of this Agreement consent thereto in writing. Notice of any meeting may be waived by any Manager.

  • Termination by the Corporation If the Executive’s employment is terminated by the Corporation upon the giving of written notice of such termination to the Executive at any time within the 6 month period following a Change of Control (other than for Just Cause, Disability or Death), then the Executive shall be entitled to the following: i. such payments on account of severance as provided for under Section 12(b) of this Agreement; and ii. notwithstanding anything to the contrary in Section 12 hereof or in this Agreement, all options granted by the Corporation to the Executive shall, following the giving of any notice by the Corporation under this Section 14(a), be deemed to vest immediately and shall be exercisable by the Executive for a period of 90 days following the giving of such notice by the Corporation hereunder.

  • Termination by the University i) The university may terminate this agreement under the following circumstances:

  • Termination by the HSP (a) The HSP may terminate this Agreement at any time, for any reason, upon giving 6 months’ Notice (or such shorter period as may be agreed by the HSP and the Funder) to the Funder provided that the Notice is accompanied by: satisfactory evidence that the HSP has taken all necessary actions to authorize the termination of this Agreement; and a Transition Plan, acceptable to the Funder, that indicates how the needs of the HSP’s clients will be met following the termination and how the transition of the clients to new service providers will be effected within the six-month Notice period. (b) In the event that the HSP fails to provide an acceptable Transition Plan, the Funder may reduce Funding payable to the HSP prior to termination of this Agreement to compensate the Funder for transition costs.