Other Board Committees Sample Clauses

The 'Other Board Committees' clause authorizes the board of directors to establish additional committees beyond those specifically required by law or the company's governing documents. This clause typically outlines the board's power to delegate certain responsibilities or oversight functions to these committees, such as audit, compensation, or risk management, depending on the company's needs. Its core practical function is to provide flexibility in corporate governance, enabling the board to efficiently manage complex or specialized matters by assigning them to focused groups, thereby enhancing oversight and operational effectiveness.
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Other Board Committees. The Board may appoint such Board committees as it deems necessary from time to time to carry out its business affairs. In appointing such committees, the Board will specify their purpose, membership, voting, notice and meeting procedures and such other direction as the Board may deem appropriate. The Board may appoint one or more Members or other persons to participate in Board committees as full voting members or as non-voting advisory members.
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Other Board Committees. The Board may from time to time establish other committees of the Board, including, but not limited to: a Program Committee, a Communications and Public Relations Committee, and a Finance Committee. These Board committees shall be chaired by a Board member.
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Other Board Committees. The Board and all applicable committees of the Board shall take all necessary actions to (A) provide each of the Independent Designees, immediately upon their respective appointment to the Board, the opportunity to be appointed to at least one (1) standing committee of the Board other than the Operating Committee (which shall be subject to the provisions of Section 1(b)(i) above) and upon such Independent Designee’s consent to serve, immediately appoint such Independent Designee to such standing committee(s) of the Board and (B) provide the opportunity for at least one (1) of the Independent Designees to be appointed to each committee of the Board other than the Operating Committee (which shall be subject to the provisions of Section 1(b)(i) above) and upon any such Independent Designee’s consent to serve, immediately appoint any such Independent Designee to any such standing committee(s) of the Board.
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Other Board Committees. Effective upon their respective appointments to the Board, the Board will take such action necessary to appoint (i) ▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇ to the Compensation and Leadership Development Committee and the Finance Committee of the Board and (ii) ▇▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇ to the Audit Committee and the Nuclear, Operations and Environmental Oversight Committee of the Board. Additionally, if the Company pursues a Modified Standalone Plan following the Board’s vote on the Committee Recommendation(s), the Board will as promptly as practicable (in no event more than two (2) business days later) take such action necessary to appoint ▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇ as Co-Chair of the Finance Committee of the Board.
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Other Board Committees. The Board of Directors may from time to time, by resolution passed by a majority of the whole Board, designate one or more committees in addition to the Executive Committee, each committee to consist of two or more of the directors of the Corporation. Any such committee, to the extent provided in the resolution or in the By-Laws of the Corporation, shall have and may exercise the powers of the Board of Directors in the management of the business and affairs of the Corporation.
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Other Board Committees. Meetings of the Board; Quorum; Telephonic Meetings........... 12 4.6
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Other Board Committees. All other Board committees formed from time to time shall include the Series A Nominee and the Series B Nominee as members.
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Other Board Committees. The Board of Directors may appoint such other Board committees as it deems appropriate, each consisting of two or more directors. Any director may serve on any such committee. Any committee appointed under this Section 2 shall perform such duties and assume such responsibility as may from time to time be placed upon it by the Board of Directors.
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Other Board Committees 
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Related to Other Board Committees

  • Board Committees The Director hereby agrees to sit in the relevant committees of the Board and to perform all of the duties, services and responsibilities necessary thereunder.

  • Committees The Parties agree on establishing Committees in the following matters: (a) Trade in Goods; (b) Trade in Services; (c) Investment; (d) Sanitary and Phytosanitary Measures; (e) Technical Barriers to Trade; (f) Trade Facilitation; (g) Rules of Origin; and (h) Cooperation, including Intellectual Property. 2. The Free Trade Commission may create additional Committees, if needed. The Committees on Sanitary and Phytosanitary Measures, Technical Barriers to Trade and Rules of Origin shall coordinate their tasks with those of the Committee on Trade in Goods.

  • The Board (a) The Board may, subject to the provisions of paragraphs (a) and (b) of this Section 2.6 with respect to the number of and vacancies in the position of Director and the provisions of Section 3.3 hereof with respect to the election of Directors by Members, designate any person who shall agree to be bound by all of the terms of this Agreement as a Director. The names and mailing addresses of the Directors shall be set forth in the books and records of the Company. The number of Directors shall be fixed from time to time by a written instrument signed by, or by resolution approved at a duly constituted meeting by vote of, a majority of the Board, provided however that the number of Directors shall at all times be at least one and no more than ten as determined, from time to time, by the Directors pursuant to this Agreement. (b) Each Director shall serve as a Director for the duration of the term of the Company, unless his or her status as a Director shall be sooner terminated pursuant to Section 4.2 hereof. If any vacancy in the position of a Director occurs, the remaining Directors may appoint a person to serve in such capacity, provided that, at any time the Company is registered under the Company Act, such appointment is in accordance with the Company Act. The Directors may call a meeting of Members to fill any vacancy in the position of Director, and shall do so at any time the Company is registered under the Company Act and such meeting is required by the Company Act. (c) In the event that no Director remains to continue the business of the Company, the Investment Manager shall promptly call a meeting of the Members, to be held within 60 days after the date on which the last Director ceased to act in that capacity, for the purpose of determining whether to continue the business of the Company and, if the business shall be continued, of electing the required number of Directors to the Board. If the Members shall determine at such meeting not to continue the business of the Company or if the required number of Directors is not elected within 60 days after the date on which the last Director ceased to act in that capacity, then the Company shall be dissolved pursuant to Section 6.1 hereof and the assets of the Company shall be liquidated and distributed pursuant to Section 6.2 hereof.