Management Body Sample Clauses
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Management Body. The Company shall establish a management body in charge of the operations of the Company. The Company shall have a general manager and several deputy general managers. The Company shall have a person in charge of finance and accounting, a chief actuary and a compliance officer. The general manager shall be nominated by the chairman of the board and appointed by the board of directors. The chairman of the board shall not serve as the general manager. Deputy general managers and other senior management (except secretary to the board) shall be nominated by the general manager and appointed by the board of directors.
Management Body. The joint body within the meaning of the Legislation that fulfils the WEEE Take-back obligation imposed by the Legislation on behalf of the Co-contractor. Through 31 December 2022, Recupel Audio-Video npo, LightRec npo, MeLaRec npo, Recupel ICT npo, Recupel E.T. & GARDEN npo, Recupel SDA npo and B-W-REC npo – depending on the case – qualified as Management Bodies. As of 1 January 2023, Recupel npo qualifies as Management Body (hereafter referred to as "Recupel" in this Entry Agreement). The action whereby the appliance imported into or produced in Belgium, whether or not new, is for the first time (i) sold, rented, leased or made available to a third party in Belgium or (ii) is intended for own use (as further explained on the Website specified by Recupel). This action can be taken by ▇.▇. ▇ producer, importer, distributor, wholesaler, retailer, online seller (including sale via online platform).
Management Body. Article 10 The management body for this phase shall implement the director accountability system under the leadership of the board of directors. The management body will have one executive director to be recommended by Party B and one business director to be recommended by Party A, both of which shall be determined and engaged by the board upon consideration. The directors shall serve a term of four years and may be reelected if they are found qualified after review and assessment.
Article 11 The executive director shall be responsible for implementing all resolutions of the board of directors, shall be subject to the review by the board in terms of the annual operating indicators and their operation and management work, shall organize and direct the daily business management of the Center, and shall have responsibility over the administration and human resources, accounting and marketing organization matters of the Center. The business director shall be responsible for medical treatment technology and research work. The management body may have divisional supervisors who shall be in charge of the work of relevant divisions, shall carry out matters delegated by the directors and shall report to the directors.
Article 12 If either of the executive or business director abuses his/her office for personal gain or is in gross breach of his/her duties, he/she may be removed at any time by the board of directors under a board resolution.
Article 13 The Center will reasonably decide the headcount and staffing according to the needs of the current phrase of business of the Center. The medical and technical staff will be recommended by both Parties. The Center will adopt a system of all-personnel employment and employees will be engaged upon satisfactory review and assessment by the board.
Management Body. The Center will establish a management body which shall be responsible for the Center’s daily management work. The management body will have one director to be recommended by Party A and one vice director to be recommended by Party B, and both will serve a term of four years upon consideration, approval and appointment by the board.
Management Body. 10.1 The Company shall establish an operation and management body to be responsible for its daily operation and management. Such operation and management body shall be headed by the general manager of the Company (the “General Manager”), and be constituted by such General Manager and other managers as may be appointed by the General Manager with Board of Directors’ approval.
10.2 The term of office of the General Manager shall be one (1) year and is renewable if he or she is continuously employed.
10.3 The duties of the General Manager are stated in the Articles, including, but not limited to, carrying out all resolutions of the Board of Directors and organizing and conducting the daily operations and management of the Company pursuant to the Articles. With the Board of Directors’ approval, the General Manager may designate department managers as needed to handle matters assigned by the General Manager and report to the General Manager.
10.4 The Company shall also have a deputy general manager of the Company (the “Deputy General Manager”). The term of office of the Deputy General Manager shall be one (1) year and is renewable if he or she is continuously employed. The Deputy General Manager shall assist the General Manager in carrying out his functions and duties.
10.5 Both the General Manager and the Deputy General Manager will be nominated by Party A and then employed by the Board of Directors of the Company. The terms and conditions of the employment of the General Manager and the Deputy General Manager shall be determined and approved by the Board of Directors of the Company. The Parties shall cause their directors on the Board of Directors of the Company to vote for such employment. The General Manager and the Deputy General Manager can be replaced and dismissed by the Board of Directors in accordance with the Articles.
10.6 Except as specified in this Agreement, the Articles or as required pursuant to PRC laws and regulations, any reasonably incurred costs by the operation and management body of the Company for its daily operation and management shall be reimbursed by the Company.
