PROCEDURES OF THE BOARD. (1) The Board shall elect one member except the Director as Chairperson. The normal term of the Chairperson shall be three years. The Board may re-elect its Chairperson for a second term. (2) The Board shall also elect a Vice-Chairperson, a Secretary and a Treasurer. The normal terms of these officers shall be three years. They are eligible for re-election. (3) The Board shall meet at least once annually. (4) The Board shall adopt its own rules of procedure. (5) The majority of the members shall constitute a quorum for Board meetings. (6) Staggered terms may be applied to the members who hold Board officer positions to exceed their normal terms as officers under a circumstance where more than two officers are exiting the Board in the same year. The Board may determine the staggered terms before or on the expiration of the normal terms of the officers. Notwithstanding Paragraph 2 of Article IX, the officers’ terms as members of the Board may be extended to the expiration of the staggered terms. However, the staggered terms shall not exceed three years.
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Sources: Agreement on the Establishment of the International Vaccine Institute, Agreement on the Establishment of the International Vaccine Institute, Agreement on the Establishment of the International Vaccine Institute
PROCEDURES OF THE BOARD. (
1) . The Board shall elect one member except the Director as Chairperson. The normal term of the Chairperson shall be three years. The Board may re-elect its Chairperson for a second term.
(2) . The Board shall also elect a Vice-Chairperson, a Secretary and a Treasurer. The normal terms of these officers shall be three years. They are eligible for re-election.
(3) . The Board shall meet at least once annually.
(4) . The Board shall adopt its own rules of procedure.
(5) . The majority of the members shall constitute a quorum for Board meetings.
(6) . Staggered terms may be te▇▇▇ ▇▇▇ ▇e applied to the members who hold Board officer positions to exceed their normal terms as officers under a circumstance where more than two officers are exiting the Board in the same year. The Board may determine the staggered terms before or on the expiration of the normal terms of the officers. Notwithstanding Paragraph 2 of Article IX, the officers’ terms as members of the Board may be extended to the expiration of the staggered terms. However, the staggered terms shall not exceed three years.
Appears in 1 contract
Sources: Agreement on the Establishment of the International Vaccine Institute