Managing Director Sample Clauses

The 'Managing Director' clause defines the role, authority, and responsibilities of the individual appointed as the managing director within a company or organization. Typically, this clause outlines the scope of the managing director's powers, such as decision-making authority, operational oversight, and reporting obligations to the board of directors. It may also specify appointment procedures, term length, and grounds for removal. The core function of this clause is to clearly delineate the leadership structure and ensure that there is a designated individual accountable for the day-to-day management of the company, thereby promoting effective governance and operational clarity.
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Managing Director. 1. The Managing Director shall be appointed by the Board of Governors from among candidates having the nationality of an ESM Member, relevant international experience and a high level of competence in economic and financial matters. Whilst holding office, the Managing Director may not be a Governor or Director or an alternate of either. 2. The term of office of the Managing Director shall be five years. He or she may be re-appointed once. The Managing Director shall, however, cease to hold office when the Board of Governors so decides. 3. The Managing Director shall chair the meetings of the Board of Directors and shall participate in the meetings of the Board of Governors. 4. The Managing Director shall be chief of the staff of the ESM. He or she shall be responsible for organising, appointing and dismissing staff in accordance with staff rules to be adopted by the Board of Directors. 5. The Managing Director shall be the legal representative of the ESM and shall conduct, under the direction of the Board of Directors, the current business of the ESM.
Managing Director. The Board may from time to time appoint a managing director who shall be a director. If appointed, he shall have such powers and duties as the Board may specify.
Managing Director. Primary Contact Email 8 Primary Contact Phone Primary Contact Fax 1 0 Primary Contact Mobile
Managing Director. At their first meeting, the initial Directors shall designate one of their number to serve as the Managing Director of the Trust, with such administrative duties as the Directors may determine (the “Managing Director”). The Directors may change the designation of the individual to serve as Managing Director from time to time as circumstances warrant. The Managing Director or, in the Managing Director’s absence, another Director selected by the Directors shall preside at meetings of the Directors. The Managing Director, or the Director presiding over such meeting, shall be responsible for taking meeting minutes at each meeting of the Directors and for performing such other administrative duties and services as shall be assigned to or required of the Managing Director by the Directors. The Managing Director shall maintain a list of current Directors, including their addresses and contact information.
Managing Director. The Board may from time to time appoint a managing director who shall be a resident Canadian and director. If appointed, he shall be the chief executive officer and, subject to the authority of the Board, shall have general supervision of the business and affairs of the Corporation; and he shall, subject to the provisions of the Act, have such other powers and duties as the Board may specify. During the absence or disability of the president, or if no president has been appointed, the managing director shall also have the powers and duties of that office.
Managing Director. “Committed to facilitate and promote global maritime trade through the provision of Quality Port Services that meet our customers' requirements and satisfaction”. PART 1 - TENDERING PROCEDURES
Managing Director. Operations Department;
Managing Director. (1) As a rule, the Managing Director shall be appointed by the KSETA Executive Board for two years. Reappointment shall be possible. In case he/she resigns from his/her office prematurely, the KSETA Executive Board shall appoint a successor for the remaining time of the election period. (2) The Managing Director shall support the Coordinator of ▇▇▇▇▇ in fulfilling his/her tasks and shall manage the active business of KSETA in his/her own responsibility.
Managing Director. 4.2.1 Consortium will employ (or contract with) a person to serve as the Managing Director. Consortium will pay all compensation, benefits, taxes, costs, and expenses arising out of or resulting from Consortium’s employment of, or contracting with, the Managing Director, including, without limitation, vacation, sick leave, holidays, social security, unemployment benefits, contributions to any applicable employee retirement programs, workers’ compensation insurance, medical insurance, dental insurance, and life and disability insurance (all if and to the extent applicable). 4.2.2 The Managing Director will report to the Board and be subject to the general direction and control of the Board. Subject to the terms and conditions contained in this Agreement, the Managing Director will perform those Managing Director job duties and responsibilities identified in the attached Schedule 4.2.2 (the “Services”). The Managing Director will (a) consult with and advise the Board on all matters concerning the Services reasonably requested by the Board, (b) communicate all matters and information concerning the Services to the Board and perform the Services under the general direction of the Board, (c) devote such time and attention to performance of the Services as is necessary or appropriate, and (d) perform the Services to the best of the Managing Director’s ability in accordance with this Agreement and the Managing Director’s letter of employment or contract with Consortium. 4.2.3 Subject to the terms and conditions contained in this Agreement, Consortium is responsible for all personnel or contract matters concerning the Managing Director, including, without limitation, compensation, benefits, standards of service, discipline, performance of duties, working hours, and termination. The Managing Director will not be entitled to any wages and/or benefits which accrue to employees of any Party, including, without limitation, unemployment benefits, contributions to the Public Employees Retirement System, workers’ compensation insurance, medical insurance, dental insurance, and life and disability insurance. Consortium employees (including, without limitation, the Managing Director) are not employees of the Parties.