Board Performance Clause Samples

Board Performance. The Board undertakes a formal annual assessment of its effectiveness as a whole, and that of each of its board committees and individual directors.

Board Performance. The Committee shall conduct an annual evaluation of the Board to determine whether it is functioning effectively and meeting its objectives and goals. The Committee shall solicit comments from all directors, the Company’s senior executives and any other persons it deems appropriate and shall report its conclusions and recommendations for maximizing the Board’s effectiveness to the Board.

Board Performance. 5.1 The Board represents and guarantees that it possesses the legal authority to enter into this Agreement and in consideration of the commitments set forth in ABA, Section 4, Agency Performance, agrees to: 5.1.1 Conduct its activities and meetings under this Agreement, in compliance with the provisions of the Texas Open Meetings Act, Texas Government Code, Chapter 551, and the Texas Public Information Act, Texas Government Code, Chapter 552. 5.1.2 Design service delivery systems for the provision of services in accordance with the program-specific requirements set forth in any grant entered into with the Agency. Such systems shall be developed in compliance with the terms of any such grant and all applicable federal and state laws, regulations, and Agency rules. 5.1.3 Implement and oversee an integrated workforce system and services in compliance with: 5.1.3.1 the legal authorities cited in ABA, Section 1, Legal Authorities; 5.1.3.2 the provisions under any grant awarded by the Agency, or used as required match, including development and implementation of a comprehensive risk-based monitoring system, a performance accountability monitoring system, and an outcome-based evaluation system; 5.1.3.3 the approved Integrated Board Plan and modifications or amendments; and 5.1.3.4 Agency policies and procedures applicable to Board program activities set forth in Agency rules and Workforce Development (WD) Letters. 5.1.4 Develop and implement policies, procedures and standards for reporting financial, programmatic, and customer information in the required timeframes and using the systems and formats specified by the Agency. 5.1.5 Ensure that priority of service as described in 40 TAC § 801.31 is provided to: 5.1 5.1 Eligible veterans as defined in 40 TAC § 801.23(2); and

Board Performance. There should be a formal annual assessment of the effectiveness of the Board as a whole and its board committees and the contribution by each Director to the effectiveness of the Board In order to fulfil their responsibilities, directors should be provided with complete, adequate and timely information prior to board meetings and on an ongoing basis so as to enable them to make informed decisions to discharge their duties and responsibilities.

Board Performance. Formal annual assessment of the effectiveness of the Board as a whole and its committee and the contribution by each Director to the effectiveness of the Board ACCESS TO INFORMATION Principle 6: Directors to be provided with complete, adequate and timely Information prior to meetings and on an ongoing basis

Board Performance. The Boards have implemented formal processes for assessing the effectiveness of the Boards and the Board Committees, the contribution by each individual Director to the effectiveness of the respective Boards. For FY2018, an independent external third-party consultant was appointed to facilitate the process of conducting a Board evaluation survey. The survey is designed to provide an evaluation of current effectiveness of the Boards and to support the Chairman and the Boards to proactively consider what can enhance the readiness of the Boards to address emerging strategic priorities for FHT. As part of the survey, questionnaires were sent by the external consultant to the Directors to obtain feedback, and interviews were conducted to clarify the responses where required. The areas covered in the questionnaires included: (1) Board performance in shaping and adapting FHT’s strategy; (2) Board oversight on FHT’s performance and risk and crisis management; (3) Board composition and structure; (4) Board culture and dynamics, including the Board’s partnership with Management; (5) Board’s role in respect of succession planning for the Board and Management; and (6) the effectiveness of the Board Committees. In addition to the survey, the contributions and performance of each Director would be assessed by the NR Committees as part of their periodic reviews of the composition of the Boards and the various Board Committees. In the process, the findings and recommendations of the consultant which include feedback from Directors would be considered, and the necessary follow up actions would be taken with a view to improving the overall effectiveness of the Boards in fulfilling their role and meeting their responsibilities to the Stapled Securityholders. Based on the NR Committees’ review, the Boards and the various Board Committees operate effectively and each Director is contributing to the overall effectiveness of the Boards.

Board Performance. Board performance will be monitored and reviewed by the Shareholders in accordance with their respective procedures.