Decision of Board Sample Clauses
The 'Decision of Board' clause defines the authority and process by which a company's board of directors makes formal decisions on matters within its purview. Typically, this clause outlines how decisions are reached—such as by majority vote during a duly convened meeting—and may specify the types of issues that require board approval, like major financial transactions or changes in company policy. Its core function is to ensure that significant company actions are subject to collective oversight and formal approval, thereby promoting accountability and clear governance within the organization.
Decision of Board. The decision of the majority shall be the decision of the Board. Where there is no majority decision, the decision of the Chair shall be the decision of the Board. The decision of the Arbitration Board shall be final, binding, and enforceable on the parties. The Board shall have the power to dispose of a discharge or discipline grievance by any arrangement which it deems just and equitable. However, the Board shall not have the power to change this agreement or to alter, modify, or amend any of its provisions.
Decision of Board. The decision of the Arbitration Board shall be final, binding and enforceable on the parties. The Board shall have the power to dispose of a discharge or discipline grievance by any arrangement, which it deems just and equitable. However, the Board shall not have the power to change this agreement or to alter, modify or amend any of its provisions or the provisions of the appendices.
Decision of Board. In any arbitration, the grievance submitted by the employee at Step 2 with any clarification which may be written at Step 3 and the Company’s reply to that clarified grievance or, in the case of a difference arising directly between the Union and the Company, the written representation made and the reply thereto shall be presented to the Board of Arbitration and their decision shall be confined to determining the issues therein set out.
Decision of Board. The decision of the Arbitrator shall be final, binding, and enforceable on the Parties. The Arbitrator shall have the power to dispose of a discharge or discipline grievance by any arrangement which he/she deems just and equitable. However, the Arbitrator shall not have the power to change this Agreement or to alter, modify or amend any of its provisions.
Decision of Board. The decision of the majority of the Arbitration Board shall be the decision of the Arbitration Board, but if there is no majority the decision of the Chairman will govern. Nothing in this Agreement shall prevent the single Arbitrator to hear and decide any matter which may be referred to Arbitration. If the Parties agree to the use of a single Arbitrator then the cost of such Arbitrator shall be shared equally by the Parties.
Decision of Board. Amending Time Limits . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Decision of Board. The decision of the Chairperson shall be the decision of the Board. The decision of the Arbitration Board shall be final, binding, and enforceable on the Parties. The Board shall have the power to dispose of a discharge or discipline grievance by any arrangement which it deems just and equitable. However, the Board shall not have the power to change this Agreement or to alter, modify, or amend any of its provisions.
Decision of Board. The decision of the majority shall be the decision of the Board. Where there is no majority decision, the decision of the Chairperson shall be the decision of the Board. The decision of the Arbitration Board shall be final, binding and enforceable on the parties. The Board shall have the power to dispose of a dismissal or discipline grievance by any arrangement which it deems just and equitable. However, the Board shall not have the power to change this agreement or to alter, modify or amend any of its provisions. Should the parties disagree as to the meaning of the Board's decision, either party may apply to the Chairperson of the Arbitration Board to reconvene the Board to clarify the decision which it shall make every effort to do within seven days.