Release of Corporate Directors Sample Clauses

Release of Corporate Directors. Any corporate director who shows to the Department’s satisfaction that he or she has paid to the Corporation the full amount of Washington B&O tax due on his or her director fees will be relieved of any further B&O tax liability in connection with the same director fees. This Agreement does not limit the Department’s ability to collect B&O taxes from any corporate director to the extent he or she cannot show to the Department’s satisfaction that the full amount of taxes were remitted to the Corporation or the Department. The Corporation will notify its corporate directors of their potential liability for B&O taxes on their director fees, when the full amount of such taxes are not collected by the Corporation and remitted to the Department on behalf of such directors.
Sample 1
AutoNDA by SimpleDocs

Related to Release of Corporate Directors

  • Director of Human Resources The person designated by the County Administrator to serve as the Assistant County Administrator-Director of Human Resources.

  • Chairman and Secretary The Local Union shall select the Union representatives and the Chapter shall select the management representatives.

  • Transfer to Directors and Senior Officers (1) You may transfer escrow securities within escrow to existing or, upon their appointment, incoming directors or senior officers of the Issuer or any of its material operating subsidiaries, if the Issuer’s board of directors has approved the transfer.

  • Independent Non-Executive Directors Xx. Xxxxxx Xxx Xxxx, Mr. Xxx Xxxxxxx and

  • Director Director/Secretary The Corporate Seal of the Secretary of State for Education, hereunto affixed is authenticated by: ..........................................

  • President Unless the Trustees otherwise provide, the President shall preside at all meetings of the shareholders and of the Trustees. Unless the Trustees otherwise provide, the President shall be the chief executive officer.

  • Executive Directors (a) The Executive Directors shall be responsible for the conduct of the general operations of the Bank, and for this purpose, shall exercise all the powers delegated to them by the Board of Governors.

  • CHAIRMAN AND VICE-CHAIRMAN OF THE GOVERNORS 83. The Governors shall each school year, at their first meeting in that year, elect a chairman and a vice-chairman from among their number. A Governor who is employed by the Academy Trust shall not be eligible for election as chairman or vice-chairman.

  • Senior Management and Board of Directors 1. A Member State shall not require that a juridical person of that Member State appoint to senior management positions, natural persons of any particular nationality.

  • Chairman of the Board The Chairman of the Board, if any, shall perform such duties as shall be assigned, and shall exercise such powers as may be granted to him or her by the Manager or the Board.

Time is Money Join Law Insider Premium to draft better contracts faster.