Common use of Executive Committee Clause in Contracts

Executive Committee. The Board may establish an executive committee consisting of a smaller number of Directors. The Board may delegate to the executive committee such authority as the Board might otherwise exercise, subject to limitations placed on the Board’s authority to delegate certain essential functions, as described in the Operating Rules and Regulations. The Board may not delegate to the Executive Committee or any other committee its authority under Section 2.5.11 to adopt and amend the Operating Rules and Regulations.

Executive Committee. The Board may establish an executive committee consisting of a smaller number of Directors. The Board may delegate to the executive committee Executive Committee such authority as the Board might otherwise exercise, subject to limitations placed on the Board’s authority to delegate certain essential functions, as described in the Operating Rules and Regulations. The Board may not delegate to the Executive Committee or any other committee its authority under Section 2.5.11 2.5.12 to adopt and amend the Operating Rules and Regulations.

Executive Committee. The Board may shall establish an executive committee consisting of a smaller number of Directors. The Board may delegate to the executive committee Executive Committee's such authority as the Board might otherwise exercise, subject to limitations placed on except that the Board’s Board may not delegate authority to delegate regarding certain essential functions, including but not limited to, approving the fiscal year budget or hiring or firing the Executive Director, and other functions as described provided in the Operating Rules Policies and RegulationsProcedures. The Board may not delegate to the Executive Committee or any other committee its authority under Section 2.5.11 3.2.12 to adopt and amend the Operating Rules Policies and RegulationsProcedures.

Executive Committee. The Board may shall establish an executive committee Executive Committee consisting of a smaller number of Directors. The Board may delegate to the executive committee Executive Committee such authority as the Board might otherwise exercise, subject to limitations placed on the Board’s authority to delegate certain essential functionsEssential Functions, as described in Section 4.5 and the Operating Rules and Regulations. The Board may not delegate to the Executive Committee or any other committee its authority under Section 2.5.11 2.5.12 to adopt and amend the Operating Rules and RegulationsRegulations or its Essential Functions listed in Section 4.5. After the Executive Committee meets or otherwise takes action, it shall, as soon as practicable, make a report of its activities at a meeting of the Board.

Executive Committee. The Board may establish an executive committee consisting of a smaller number of Directors. The Board may delegate to the executive committee such authority as the Board might otherwise exercise, subject to limitations placed on the Board’s authority to delegate certain essential functions, as described in the Operating Rules and Regulations. The Board may not delegate to the Executive Committee or any other committee its authority under Section 2.5.11 to adopt and amend the Operating Rules and Regulations.

Executive Committee. The Board of Directors may establish by its Operating Rules and Regulations an executive committee consisting of a smaller number of DirectorsBoard members. The Board may delegate to the executive committee such authority as the Board might otherwise exercise, exercise subject to limitations placed on constraints agreed upon by the Board’s authority to delegate certain essential functions, as described Board in the Operating Rules and Regulations. The Board may not delegate to the Executive Committee or any other committee its authority under Section 2.5.11 to adopt and amend the Operating Rules and Regulations.

Executive Committee. The Board may shall establish an executive Executive committee Committee consisting of a smaller number of Directors. The Board may delegate to the executive committee Executive Committee such authority as the Board might otherwise exercise, subject to limitations placed on the Board’s authority to delegate certain essential functions, as described in the Operating Rules and Regulations. The Board may not delegate to the Executive Committee or any other committee its authority under Section 2.5.11 2.5.12 to adopt and amend the Operating Rules and Regulations.

Executive Committee. The Board may shall establish an executive committee Executive Committee consisting of a smaller number of Directors. The Board may delegate to the executive committee Executive Committee such authority as the Board might otherwise exercise, subject to limitations placed on the Board’s authority to delegate certain essential functions, as described in the Operating Rules and Regulations. The Board may not delegate to the Executive Committee or any other committee its authority under Section 2.5.11 2.5.12 to adopt and amend the Operating Rules and Regulations.