Selection of recipient Sample Clauses

Selection of recipient. The President or the Secretary (on the basis of recommendations received from the board estab- lished under subsection (h)) shall periodically provide the award to companies and other enti- ties that in the judgment of the President or the Secretary substantially encourage entrepreneur- ial efforts in the food and agriculture sector for advancing United States agricultural exports.
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Selection of recipient. The Board of Award will select the recipient from among those candidates whose nominations meet the requirements above. Nationality or Society membership shall not be considered when evaluating qualifications of candidates. A candidate must be living at the time of designation as recipient of the Award. A posthumous award shall be bestowed only if the candidate signified acceptance before death. The Board of Award may vote to forego the Award in any year when, upon consideration by the Board, no nominee meets the requirements of the Award. The selection may take place at a meeting of the Board of Award if at least five members are present, provided that each Sponsor is represented by at least two members. A letter ballot should be conducted if preceding quorum is not convened. Each member of the Board of Award has one vote. The Secretary shall tally votes during a board meeting. The Chairman should tally all votes by letter ballot. The recipient will be the candidate who receives a majority of the votes of the Board quorum or a majority of the votes of all Board members if a letter ballot is required. If two or more Board members vote their dissent or disapproval for a candidate, that candidate may not be the recipient of the Award. A dissent vote must be stated to be unequivocal disapproval of a candidate. Preference of one candidate over another is not a dissent vote unless the vote is so cast. The selection and notification of the recipient shall be timely and forthwith. The Chairman of the Award committee shall inform the recipient of selection for the Award. If the recipient declines the Award, another ballot shall be conducted.
Selection of recipient. If a quorum is not present at a Board Meeting, a letter ballot will be conducted. To facilitate a letter ballot, those members who are present at a Board meeting shall designate not more than four nominees to be included on a letter ballot. Letter ballots shall be mailed by the Chairman to all Board Members, who will then designate in order their choices. If no candidate receives a majority vote on the first ballot, the Chairman shall mail another ballot which contains the names of only the two candidates who received the highest score. Scores shall be tallied by assigning a value of 4 for a first‐place vote, 3 for a second‐place vote, 2 for a third‐place vote, and 1 for a fourth‐place vote. The recipient will be the candidate who receives a majority vote. Letter ballots must be received from all Board Members. Ballots are to be returned o later than three weeks after mailing. A Board of Award Member who will not be present at the Board Meeting may at the member’s option, designate to the Chairman, in advance of the meeting, a ranking of all candidates for the Award. This ranking will be used, only when a quorum is not present, for selecting the candidates to be included in a letter ballot.

Related to Selection of recipient

  • Selection of Mediator A single mediator that is acceptable to both parties shall be used to mediate the dispute. The mediator will be knowledgeable in the subject matter of this Contract, if possible.

  • Notification of Recall Notification of recall from layoff shall be sent by certified mail, return receipt requested, deliverable to addressee only, to the employee's last known address. The notice shall give the employee a minimum of ten (10) calendar days within which to respond after the notice of recall has been mailed. Employees who decline recall or who, in the absence of extenuating circumstances, fail to respond within the time set for return to work, shall be presumed to have resigned and their name shall be removed from the seniority and preferred eligibility list.

  • Selection of Brokers The Sub-adviser is authorized to select the brokers or dealers that will execute the purchases and sales of portfolio securities and other property for a Fund in a manner that implements the policy with respect to brokerage set forth in the Prospectus and Statement of Additional Information for the Fund or as the Board of Directors or the Investment Manager may direct from time to time and in conformity with federal securities laws. In executing Fund transactions and selecting brokers or dealers, the Sub-adviser will use its best efforts to seek on behalf of the Fund the best overall terms available. In assessing the best overall terms available for any transaction, the Sub-adviser shall consider all factors that it deems relevant, including the breadth of the market in the security, the price of the security, the financial condition and execution capability of the broker or dealer, and the reasonableness of the commission, if any, both for the specific transaction and on a continuing basis. In evaluating the best overall terms available, and in selecting the broker-dealer to execute a particular transaction, the Sub-adviser may also consider the brokerage and research services provided (as those terms are defined in Section 28(e) of the Securities Exchange Act of 1934). Consistent with any guidelines established by the Board of Directors and communicated to the Sub-adviser, the Sub-adviser is authorized to pay to a broker or dealer who provides such brokerage and research services a commission for executing a portfolio transaction for a Fund that is in excess of the amount of commission another broker or dealer would have charged for effecting that transaction if, but only if, the Sub-adviser determines in good faith that such commission was reasonable in relation to the value of the brokerage and research services provided by such broker or dealer viewed in terms of that particular transaction or terms of the overall responsibilities of the Sub-adviser to the Fund. In addition, the Sub-adviser is authorized to allocate purchase and sale orders for securities to brokers or dealers (including brokers and dealers that are affiliated with the Investment Manager, Sub-adviser or the Company's principal underwriter) to take into account the sale of shares of the Company if the Sub-adviser believes that the quality of the transaction and the commission are comparable to what they would be with other qualified firms. In no instance, however, will Fund assets be purchased from or sold to the Investment Manager, Sub-adviser, the Company's principal underwriter, or any affiliated person of either the Company, the Investment 4 Manager, Sub-adviser or the principal underwriter, acting as principal in the transaction, except to the extent permitted by the Securities and Exchange Commission ("SEC") and the 1940 Act.

  • Selection of Administrator The Parties have jointly selected CPT Group, Inc. to serve as the Administrator and verified that, as a condition of appointment, CPT Group, Inc. agrees to be bound by this Agreement and to perform, as a fiduciary, all duties specified in this Agreement in exchange for payment of Administration Expenses. The Parties and their Counsel represent that they have no interest or relationship, financial or otherwise, with the Administrator other than a professional relationship arising out of prior experiences administering settlements.

  • Selection of Representatives a) Each central party and the Crown shall select its own representatives to the Committee.

  • Selection of Option (a) The Employer will advise the employee of his or her years of continuous employment no later than three (3) months following the official date of signing of the collective agreement.

  • Termination of a Subcustodian The Custodian may, at any time in its discretion upon notification to the appropriate Fund(s), terminate any Subcustodian of such Fund(s) in accordance with the termination provisions under the applicable subcustodian agreement, and upon the receipt of Special Instructions, the Custodian will terminate any Subcustodian in accordance with the termination provisions under the applicable subcustodian agreement.

  • Termination of Recall Rights The layoff shall be a termination of employment and recall rights shall lapse if the layoff lasts for more than twenty-four (24) consecutive months without recall.

  • Selection of Underwriter If the Holders so elect, the offering of such Registrable Securities pursuant to such Demand Registration shall be in the form of an underwritten offering. The investment banker or investment bankers and manager or managers that will administer such underwritten offering will be selected by the mutual agreement of the Company and the Holders of a majority in number of the Registrable Securities included in such offering (provided that such agreement shall not be unreasonably withheld by the Company or such Holders).

  • Selection of Reviewing Party; Change in Control If there has not been a Change in Control, any Reviewing Party shall be selected by the Board of Directors, and if there has been such a Change in Control (other than a Change in Control which has been approved by a majority of the Company's Board of Directors who were directors immediately prior to such Change in Control), any Reviewing Party with respect to all matters thereafter arising concerning the rights of Indemnitee to indemnification of Expenses under this Agreement or any other agreement or under the Company's Certificate of Incorporation or Bylaws as now or hereafter in effect, or under any other applicable law, if desired by Indemnitee, shall be Independent Legal Counsel selected by Indemnitee and approved by the Company (which approval shall not be unreasonably withheld). Such counsel, among other things, shall render its written opinion to the Company and Indemnitee as to whether and to what extent Indemnitee would be entitled to be indemnified hereunder under applicable law and the Company agrees to abide by such opinion. The Company agrees to pay the reasonable fees of the Independent Legal Counsel referred to above and to indemnify fully such counsel against any and all expenses (including attorneys' fees), claims, liabilities and damages arising out of or relating to this Agreement or its engagement pursuant hereto. Notwithstanding any other provision of this Agreement, the Company shall not be required to pay Expenses of more than one Independent Legal Counsel in connection with all matters concerning a single Indemnitee, and such Independent Legal Counsel shall be the Independent Legal Counsel for any or all other Indemnitees unless (i) the employment of separate counsel by one or more Indemnitees has been previously authorized by the Company in writing, or (ii) an Indemnitee shall have provided to the Company a written statement that such Indemnitee has reasonably concluded that there may be a conflict of interest between such Indemnitee and the other Indemnitees with respect to the matters arising under this Agreement.

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