Board Action Required Clause Samples

The 'Board Action Required' clause establishes that certain decisions or actions within an organization cannot be taken without the formal approval of the board of directors. Typically, this clause outlines specific matters—such as major financial transactions, mergers, or changes to company policy—that require a board vote or resolution before proceeding. By mandating board involvement in key decisions, the clause ensures oversight, accountability, and that significant actions reflect the collective judgment of the organization's leadership.
Board Action Required. A. The Board may grant employees of this bargaining unit who have met certain criteria and procedures, as outlined in this Article, a leave of absence without pay. Each request for an unpaid leave of absence will be considered by the Superintendent or his designee on the individual merits of the request. All applications for a leave shall be submitted in accordance with the provisions of this Article. The particular circumstance surrounding each leave will be reviewed by the Superintendent or his designee with the understanding that the decision will be final and not subject to the grievance procedure, nor shall any decision in any way establish a precedent.
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Board Action Required. The Board may grant teachers who have met certain criteria and procedures, as outlined in this Article, a leave of absence without pay. Each request for an unpaid leave of absence will be considered on its individual merits. The applications shall be submitted in accordance with the provisions of this Article. The particular circumstances surrounding each leave will be reviewed by the Board with the understanding that its decision will in no way establish a precedent. The decision of the Board as to whether such leave shall be granted is final.
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Board Action Required. Specific Board action is required to approve any salary increase. A salary increase shall not be considered by itself as either entering into a new agreement or extending the term of this Agreement. Any changes in salary made during the term of this Agreement shall be made by a written amendment to this Agreement.
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Related to Board Action Required

  • Affirmative Action Requirements The State intends to carry out its responsibility for requiring affirmative action by its contractors.

  • Information required Such records must contain the name; Social Security number; last known address, telephone number, and email address of each such worker; each worker's correct classification(s) of work actually performed; hourly rates of wages paid (including rates of contributions or costs anticipated for bona fide fringe benefits or cash equivalents thereof of the types described in 40 U.S.C. 3141(2)(B) of the ▇▇▇▇▇-▇▇▇▇▇ Act); daily and weekly number of hours actually worked in total and on each covered contract; deductions made; and actual wages paid.

  • Notice of Registration Required The Engineer’s use of the Flying ‘T’ under this article shall be followed by the capital letter R enclosed within a circle (®) that gives notice that the Flying ‘T’ is registered in the United States Patent and Trademark Office (USPTO).

  • Director Notification Requirement If you are a director, associate director or shadow director of a Singapore company, you are subject to certain notification requirements under the Singapore Companies Act. Among these requirements, you must notify the Singapore subsidiary in writing within two business days of any of the following events: (i) you receive or dispose of an interest (e.g., RSUs or shares of Common Stock) in the Company or any subsidiary of the Company, (ii) any change in a previously-disclosed interest (e.g., forfeiture of RSUs and the sale of shares of Common Stock), or (iii) becoming a director, associate director or a shadow director if you hold such an interest at that time.

  • Notification Requirement Through and up to the conclusion of the Non-Competition Period, Executive shall give notice to the Company of each new business activity he plans to undertake, at least seven (7) days prior to beginning any such activity. Such notice shall state the name and address of the Person for whom such activity is undertaken and the nature of Executive’s business relationship(s) and position(s) with such Person.