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 term 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. A majority of the members shall constitute a quorum for Board meetings.
Appears in 2 contracts
Sources: Agreement on the Establishment of the International Vaccine Institute, Agreement on the Establishment of the International Vaccine Institute