New Board Policies Clause Samples

The "New Board Policies" clause establishes the authority and process for a company's board of directors to create, modify, or implement new policies governing the organization. Typically, this clause outlines the scope of the board's policy-making power, the procedures for adopting new policies, and any requirements for notifying stakeholders or obtaining approvals. For example, it may specify that new policies must be communicated to all employees or that certain types of policies require a supermajority vote. The core function of this clause is to ensure that the board can respond to changing circumstances by updating governance rules, thereby maintaining effective oversight and organizational adaptability.
New Board Policies. It is understood and agreed that any new policies and/or regulations relating to salaries, hours and conditions of employment are subject to good faith negotiations between the Board and the Association. It is understood and agreed by the Association that, in the interest of meeting unforeseen situations and still maintaining the continuity of the operations of the College, it may be necessary for the Board to implement such new policies and/or regulations prior to an opportunity to negotiate with the Association with respect to such matters. Such implementation is mutually understood to be only for the period of such emergency, and in such event, it is agreed that the parties hereto shall, as soon as is practicable, but within thirty (30) calendar days thereafter, enter into negotiations concerning such changes.
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New Board Policies. The District shall consider input from the Association and other stakeholders in the adoption and revision of board policies as part of its routine procedures at open public board meetings for the adoption and revision of policies.
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Related to New Board Policies

  • BOARD POLICIES The Borrower shall not modify the terms of any policy or resolutions of its board of directors if such modification could reasonably be expected to have or result in a Material Adverse Effect.

  • Board Policy This Agreement constitutes officially adopted Board policy for the term of said Agreement, and the Board and the Association shall carry out the commitments contained herein and give them full force and effect.

  • Corporate Governance Matters The Parent Board shall take all necessary corporate action, to the extent within its power and authority, so that, as of the Effective Time, the directors constituting the Parent Board shall be as set forth in Schedule 2.15.

  • Employment Policies The employment relationship between the parties shall also be governed by the general employment policies and practices of the Company, including those relating to protection of confidential information and assignment of inventions, except that when the terms of this Agreement differ from or are in conflict with the Company’s general employment policies or practices, this Agreement shall control.

  • Corporate Governance The Organisation must ensure services are delivered in a manner consistent with the NSW Health Corporate Governance and Accountability Compendium.