Composition and Qualifications Clause Samples

Composition and Qualifications of the Evaluation Team 1 OECD-DAC evaluation principles define accuracy “reviews and evaluations should identify and convey valid and reliable information and reflect inputs from a variety of stakeholders” and credibility “credibility depends on the process being systematic, transparent and inclusive, as well as on the skill and experience of the reviewers or evaluators and those managing the process”.

Composition and Qualifications. Issued by: ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇, Manager, Regulatory Policy Effective: January 31, 2010

Composition and Qualifications. The Committee shall consist of at least three Board members none of whom is an “interested person,” as that term is defined in Section 2(a)(19) of the Investment Company Act of 1940, as amended (the “Independent Board Members”), each of whom shall be financially literate and able to read and understand fundamental financial statements, including the Fund’s balance sheet, income statement and cash flow statement, and at least one of whom shall have accounting or related financial management expertise as determined by the Fund’s Board in its business judgment. Each member of the Committee must also meet the New York Stock Exchange’s independence requirements for audit committee members of listed companies and the independence requirements applicable to investment companies set forth in Rule 10A-3 under the Securities Exchange Act of 1934, as amended (the “1934 Act”). If one or more members of the Committee qualify as an “audit committee financial expert” (“ACFE”), within the meaning of the rules adopted and implemented under Section 407 of the ▇▇▇▇▇▇▇▇-▇▇▇▇▇ Act of 2002, at least one such member shall be designated as the Committee’s ACFE. The Committee shall elect a chairperson, who shall preside over Committee meetings (the “Chairperson”). The Chairperson shall serve as such until his successor is selected by the Committee. The designation of a person as an ACFE shall not impose any greater responsibility or liability on that person than the responsibility and liability imposed on such person as a member of the Committee, nor does it decrease the duties and obligations of other Committee members or the Board.

Composition and Qualifications. Term and Election 5.1.3 Resignation and Removal of Members Committee Representatives 5.1.4 Vacancies 5.1.5 Meetings 6.2 Strategic Planning Committee 6.3 Human Resources Committee 6.4 Oversight Committee

Composition and Qualifications. The Committee shall be comprised of five members of the Board, which shall initially include ▇▇▇▇▇ ▇▇▇▇▇▇▇, ▇▇▇ ▇▇▇▇▇▇ and three other directors selected by the Board.

Composition and Qualifications. The Committee shall be comprised of three or more members of the Board. Each member of the Committee shall satisfy any then applicable independence and other requirements, standards and qualifications as may from time to time be required by the Securities and Exchange Commission, the NASDAQ Listing Rules and Regulatory Requirements and any other applicable regulatory bodies. The members of the Committee shall be appointed by the Board, to serve at the pleasure of the Board and until their successors shall be duly appointed and qualified, or until their earlier death, resignation, retirement, disqualification or removal from office. The members of the Committee may be removed, with or without cause, by a majority vote of the Board.

Composition and Qualifications