Hospital Board of Trustees Sample Clauses

Hospital Board of Trustees. The Hospital shall provide to the Union two (2) copies of the Agenda and publicly available documentation to be considered at the monthly meetings of the Board of Trustees as soon as they become available to the public.
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Hospital Board of Trustees. As soon as practicable following the Closing, Purchaser will appoint and maintain an advisory Board of Trustees for each Hospital comprised of at least twelve (12) members, including the Hospital’s Chief Executive Officer. With respect to the remaining members, approximately 60% shall be physicians on the Hospital’s medical staff selected by Purchaser and not less than 40% shall be community representatives selected by Purchaser (the “Board of Trustees”). The Board of Trustees members will be appointed for terms of three (3) years on a staggered basis to provide continuity and the composition of the initial Board of Trustees shall be selected by Purchaser in consultation with MHP on or prior to the Closing Date. Initially, the Board of Trustees shall be comprised of the Hospital’s Chief Executive Officer, Chief of the Medical Staff, physicians on the Hospital’s medical staff and members of the community, including members of the existing board of the Hospital. The Board of Trustees shall owe a duty of undivided loyalty and good faith to the Hospital and must avoid conflicts of interest and self-dealing. Subject to applicable legal requirements, the Board of Trustees shall have the following responsibilities: (a) participating in the adoption of a vision, mission and values statement and advising the Chief Executive Officer of the Hospital on both short and long-range planning for the Hospital; (b) advising Purchaser on the performance of the Chief Executive Officer of the Hospital; (c) participating in discussions regarding discontinuing, or substantially reducing in size or scope, any essential service of the Hospital, with Purchaser retaining ultimate decision authority regarding such discontinuation or reduction; (d) providing oversight and input regarding medical staff membership and privileges and, when necessary, taking disciplinary action consistent with the Hospital and Medical Staff Bylaws (with the advice of counsel and with Purchaser reserving ultimate authority for hiring and firing employees); (e) assuring medical staff compliance with Joint Commission requirements (with the advice of counsel); (f) supporting physician recruitment efforts; and (g) fostering community relations and identifying service and educational opportunities. Notwithstanding the foregoing, the Board of Trustees will have no authority with respect to the daily operational matters or the financial matters of Purchaser, the Hospitals or the Healthcare Facilities.
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Hospital Board of Trustees. The Hospital shall provide to the Union two (2) copies of the Agenda and publicly available documentation to be considered at the monthly meetings of the Board of Trustees as soon as they become available to the public. Fiscal Advisory Committee A representative designated by the Union or such other number agreed to by the Fiscal Advisory Committee shall be given the opportunity to represent the Bargaining Unit at each of the Fiscal Advisory Committee meetings. There shall be no loss in regular pay for attending such meetings with the Hospital. The Union shall advise the Hospital of the name of its and date of appointment within thirty
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Hospital Board of Trustees. The Company will cause the Partnership to form one or more boards of trustees for the Hospitals (the "Board of Trustees") composed of the Hospitals' Chief Executive Officers and equal numbers of physicians on the Hospitals' medical staff and community representatives, all in accordance with Vanguard's policies and procedures and board of trustee bylaws. Subject to applicable laws, regulations and accreditation standards, the Board of Trustees will be responsible for medical staff credentialing, quality assurance and accreditation of the Hospitals. In its advisory capacity, the Board of Trustees shall also review and advise the Board of Directors on management's recommended capital budgets for the Hospitals. The Board of Trustees will be comprised of between five and 15 members appointed for terms of three years on a staggered basis to provide continuity of leadership. Baptist or the Foundation may nominate candidates for 50% of the seats of each Board of Trustees up for selection in each year.
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Hospital Board of Trustees. The Partnership shall establish a board of twelve (12) trustees (the "Board of Trustees"). At least seven (7) of the trustees will be residents of the Hospital service area so as to provide local guidance to the policy and direction of the Hospital. The University and UHS shall each appoint six (6) Trustees, provided that no more than four (4) trustees shall be employed by or affiliated with the University and no more than four (4) trustees shall be employed by or affiliated with UHS. No less than four (4) trustees shall be members of the community who are not employed by or affiliated with UHS or the University. The responsibilities of the Board of Trustees shall be (a) establishing and maintaining accreditation and meeting accreditating agency requirements relating to medical staff credentialing, quality assurance, and oversight of Hospital responsibilities, (b) amending the Hospitals medical staff bylaws, rules and regulations, (c) promoting community involvement and community service and (d) advising the Partnership Board regarding Hospital matters. The Bylaws of the Board of Trustees are attached hereto as Exhibit 8.
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Hospital Board of Trustees. Following the Closing Buyer will appoint a Board of Trustees for the Hospital composed of the Hospital's Chief Executive Officer and equal numbers of physicians on the Hospital's medical staff and community representatives, all in accordance with Buyer's standard policy. Subject to applicable Legal Requirements, the Board of Trustees will be responsible for medical staff credentialing, quality assurance and accreditation of the Hospital, in accordance with Buyer's model Board of Trustee Bylaws. The Board of Trustees will be comprised of between five and 15 members appointed for terms of three years on a staggered basis to provide continuity of leadership. Prior to Closing, the Parties shall agree on the Persons who will be named by Buyer as the initial Board of Trustees of the Hospital.
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Hospital Board of Trustees. Within thirty (30) days after -------------------------- the Closing Date, Buyer shall appoint an advisory board of trustees for the Hospital to be comprised of the Hospital's Chief Executive Officer, physicians on the Hospital's medical staff and community representatives in accordance with standard Health Management Associates ("HMA")
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Related to Hospital Board of Trustees

  • Board of Trustees 2.1.1 The Board of Trustees will be comprised of 9 voting members that include 5 employee representatives and 4 employer representatives. The Board of Trustees will include among its members two independent experts, one representing the employer representatives and one representing the employee representatives. The employee representatives will be responsible for the appointment and termination of the employee Trustees, and the employer representatives will be responsible for the appointment and termination of the employer Trustees.

  • The Board of Trustees of the Fund shall promptly notify the Insurer in writing of its determination of the existence of an irreconcilable material conflict and its implications.

  • Board of Directors of the Company (a) As of the Effective Date, the number of directors constituting the entire Board of Directors of the Company is seven, but the Board of Directors may increase its size to eight (8). Apollo (or any representative thereof designated by Apollo) shall be entitled, but not required, to nominate up to three (3) members to the Board of Directors (collectively, the "APOLLO NOMINEES") and the Company shall be entitled, but not required, to nominate the remaining members to the Board of Directors. One Apollo Nominee shall be classified as a Class I Director of the Company, one Apollo Nominee shall be classified as a Class II Director of the Company, and one Apollo Nominee shall be classified as a Class III Director of the Company.

  • Plenary authority of the Board of Trustees The Sub-Adviser and Adviser both acknowledge that the Fund is a mutual fund that operates as a series of the Trust under the authority of the Board of Trustees.

  • Management Committee The Members shall act collectively through meetings as a "committee of the whole," which is hereby named the "Management Committee." The Management Committee shall conduct its affairs in accordance with the following provisions and the other provisions of this Agreement:

  • Parent Board of Directors The Board of Directors of Parent will take all actions necessary such that two members of Company's Board of Directors reasonably acceptable to Parent, at least one of whom is an independent director of the Company's Board of Directors, shall be appointed to Parent's Board of Directors as of the Effective Time with a term expiring at the next annual meeting of Parent's stockholders.

  • Directors of the Company Promptly upon the acceptance ------------------------ for payment of and payment for any Shares by Merger Subsidiary pursuant to the Offer (and, to the extent the Minimum Tender Condition is waived pursuant to Section 1.01(e), the exercise of the Option as contemplated by Section 1.01(e)), Merger Subsidiary shall be entitled to designate such number of directors, rounded up to the next whole number, on the Board of Directors of the Company as will give Merger Subsidiary, subject to compliance with Section 14(f) of the Exchange Act, representation on the Board of Directors of the Company equal to the product of (a) the number of directors on the Board of Directors of the Company and (b) the percentage that such number of votes represented by Shares so purchased and Shares otherwise held by Parent and its affiliates, if any, bears to the number of votes represented by Shares outstanding, and the Company shall at such time, subject to applicable law, cause Merger Subsidiary's designees to be so elected by its existing Board of Directors. Subject to applicable law, the Company shall take all action requested by Parent necessary to effect any such election, including mailing to its stockholders the information statement (the "Information Statement") containing the information required by Section 14(f) of the Exchange Act and Rule 14(f)-1 promulgated thereunder, and the Company shall make such mailing with the mailing of the Schedule 14D-9 (provided that Parent and Merger Subsidiary shall have provided to the Company on a timely basis all information required to be included in the Information Statement with respect to Merger Subsidiary's designees). In connection with the foregoing, the Company will, subject to applicable law, promptly either increase the size of the Board of Directors of the Company and/or obtain the resignation of such number of its current directors as is necessary to enable Merger Subsidiary's designees to be elected or appointed to the Company's Board of Directors as provided above; provided, however, that prior to the Effective Time (as defined in Section 2.03) the Board of Directors of the Company shall always have at least two (2) members who are neither officers, directors, stockholders or designees of Merger Subsidiary or any of its affiliates ("Merger Subsidiary Insiders") and each committee of the Board of Directors of the Company shall have at least one (1) member who is not a Merger Subsidiary Insider. If the number of directors who are not Merger Subsidiary Insiders is reduced below two (2) for any reason prior to the Effective Time, then the remaining director who is not a Merger Subsidiary Insider shall be entitled to designate a person to fill such vacancy who is not a Merger Subsidiary Insider and who shall be a director not deemed to be a Merger Subsidiary Insider for all purposes of this Agreement. Following the election of Merger Subsidiary's designees to the Company's Board of Directors pursuant to this Section 1.03 and prior to the Effective Time (i) any amendment or termination of this Agreement by the Company, (ii) any extension or waiver by the Company of the time for the performance of any of the obligations or other acts of Parent or Merger Subsidiary under this Agreement or (iii) any waiver of the Company's rights hereunder shall, in any such case, require the concurrence of a majority of the directors of the Company then in office who are not Merger Subsidiary Insiders.

  • Management by Board of Managers (a) Subject to such matters which are expressly reserved hereunder or under the Act to the Member for decision, the business and affairs of the Company shall be managed by a board of managers (the “Board”), which shall be responsible for policy setting, approving the overall direction of the Company and making all decisions affecting the business and affairs of the Company. The Board shall consist of one (1) to five (5) individuals (the “Managers” and each a “Manager”), the exact number of Managers to be determined from time to time by resolution of the Member. The initial Board shall consist of three (3) members, who shall be Xxxxxxx X. Xxxxxx, Xxxxxxx X.

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