Power of the Board. (a) The Plan is administered by the Board which has power to:
Power of the Board. The Arbitrator, Board of Arbitration shall not have any power to alter or change any of the provisions of this agreement or to substitute any new provisions for any existing provisions, nor to give any decision inconsistent with the terms and provisions of this agreement.
Power of the Board. 8.2.1 The Board is the highest authority of the Company and decides all important matters of the Company, including, but not limited to:
Power of the Board. No grievance shall be defeated by any formal or technical objection, subject to the provision of Article 11.04 The Board shall have the power to allow all necessary amendments to the grievance and the power to waive formal procedural irregularities in the processing of the grievance in order to determine the real matter on dispute and to reach a decision according to the principles of equity and natural justice.
Power of the Board. 第10条 董事会的权力
Power of the Board. Subject to the right and obligation of the Company to, and the right and obligation of the Operator or the Officers to cause, commit or permit the Company to, take actions in accordance with any Development Budget, Annual Budget or contract or obligation previously approved by the Required Consent, including, but not limited to the Transaction Agreements, the Company shall not, and neither of the Members acting individually, nor the Operator, the Officers nor any Director acting individually shall cause, commit or permit the Company to, do any of the following without the consent of the Board by Required Consent:
Power of the Board. (a)The Board of Directors shall be the highest authority of the Company;
Power of the Board. The decision of the arbitrator, or Board, as the case may be shall be final and binding upon the EMPLOYER and the UNION, provided however that the arbitrator shall not have the power to alter, add to, delete from, modify or amend the terms of the Agreement. [renumbered 2013]
Power of the Board. The Board shall be responsible to the Shareholders’ Meeting and shall have the following powers:
Power of the Board. The Board of Directors is the highest organ of power of the Joint Venture and is responsible for the discussion of all important matters related to the Joint Venture. The combination, termination, dissolution or liquidation of the Joint Venture, or the revision of the Articles of Association, or the increase or assignment of registered capital, shall only be decided by unanimous vote of approval by all Board members. Resolutions with respect to other matters may be adopted by a majority of the Board members taking part in the meeting (by the Board member himself or the entrusted representative). At least two-thirds of the total number of Board members shall constitute a quorum which shall be necessary for a meeting to be held. The procedure and methods regarding the meeting of the Board of Directors and its resolutions are written in detail in the Articles of Association.
