Common use of Terms of Directors Clause in Contracts

Terms of Directors. The term of MISA Board of Director members is three years. Nominations shall be staggered so that 1/3 of the Directors are nominated annually. The Directors under this Agreement shall be the current Board of Directors as of July 1, 2005 with their original appointment date signed by COAFES[1]. A member who has served two consecutive full three-year terms shall not be eligible for re-appointment to a consecutive third term. An individual who has been a Director may serve on the Board again after a minimum of a three year hiatus. If a director resigns or is removed, his or her successor shall be nominated to complete the unexpired term subject to the terms of Article V.C.

Appears in 1 contract

Sources: By Laws

Terms of Directors. The term of MISA Board of Director members is three years. Nominations shall be staggered so that 1/3 of the Directors are nominated annually. The Directors under this Agreement shall be the current Board of Directors as of July May 1, 2005 2011 with their original appointment date signed by COAFES[1]CFANS. A member who has served two consecutive full three-year terms shall not be eligible for re-appointment to a consecutive third term. An individual who has been a Director may serve on the Board again after a minimum of a three year hiatus. If a director resigns or is removed, his or her successor shall be nominated to complete the unexpired term subject to the terms of Article V.C.

Appears in 1 contract

Sources: By Laws

Terms of Directors. The term of MISA Board of Director members is three years. Nominations shall be staggered so that 1/3 of the Directors are nominated annually. The Initial Directors under this Agreement shall be the current Board of Directors as of July January 1, 2005 2001 with their original appointment date signed by COAFES[1]COAFES. A member who has served two consecutive full three-year terms shall not be eligible for re-appointment to a consecutive third term. An individual who has been a Director may serve on the Board again after a minimum of a three year hiatus. If a director resigns or is removed, his or her successor shall be nominated to complete the unexpired term subject to the terms of Article V.C.

Appears in 1 contract

Sources: By Laws