Statutory Auditor. The Company will have one statutory auditor (kansayaku) (the “Statutory Auditor”), who will be designated by VIA. The Statutory Auditor may be removed at any time by VIA. lithe Statutory Auditor ceases acting as Statutory Auditor for any reason, the Representative Director may designate a replacement who is approved in writing by VIA. Each Shareholder shall take all necessary or desirable actions within its control to ensure the appointment of such replacement.
Statutory Auditor. The Corporation shall have a principal Statutory Auditor and a corresponding alternate who shall have the functions set forth in the Commercial Code. Both shall serve terms of three (3) years in their offices and their appointment or removal corresponds to the Shareholders’ Meeting. If not replaced upon expiration of the aforementioned term, the officers governed by this Article shall continue to perform their duties with all powers inherent to their office until the appointment of their respective replacements. The principal Statutory Auditor and his alternate who shall exercise their functions during the first statutory period are designated in Chapter XI of this Charter and By-laws.
Statutory Auditor. The Company shall have one statutory auditor who shall be elected at a general meeting of shareholders and the parties agree to cause vote their shares so as to elect such statutory auditor nominated by the Major Shareholders.
Statutory Auditor. In addition to the independent certified public accountant to be employed pursuant to Section 7.2 hereof, the Company shall have one (1) statutory auditor to be nominated by Teijin and to be elected by resolution of the General Shareholders' Meeting.
Statutory Auditor. The Parties shall cause the JVC to have one statutory auditor elected at a general meeting of shareholders of the JVC. VaxGen or the other Parties shall be entitled to nominate the statutory auditor upon mutual agreement among the Parties.
Statutory Auditor. 5.11.1. The Company, at all times, shall appoint and retain such reputed firm as may be acceptable to the Principal Investor Majority as the independent, external, statutory auditors of the Company (“Auditor”) in accordance with Applicable Law.
Statutory Auditor. The KK shall have the three required statutory auditors (kansayaku) one of whom shall be nominated by TCI upon consultation with and subject to the prior approval of AJI, such approval not to be unreasonably withheld or delayed. At least one statutory auditor must serve on a full-time basis, and at least one must be an individual who has not served as a director or been employed as a director or been employed as a manager or in another position by the KK, AJ, or TCI or an Affiliate of either during the past five (5) years. The Parties agree to exercise their representative voting rights as shareholders of the KK so as to ensure that the person nominated by TCI as statutory auditor in accordance with the foregoing is -------- |*| Indicates that certain information in this exhibit has been omitted and filed separately with the Securities and Exchange Commission. Confidential treatment has been requested with respect to the omitted portions.
Statutory Auditor. The JV Company shall have one (1) statutory auditor to be appointed by the Board (acting unanimously). The statutory auditor shall be non-standing and shall not be entitled to any remuneration.
Statutory Auditor. Subject to Article 11, the Company shall appoint one of the reputable Big Four Accountancy Firms, as the statutory auditors of the Company from the beginning of the Financial Year and shall continue their appointment at least till the next annual general meeting of the Company.
Statutory Auditor. Article 5 of the JVA is amended to provide that Xxxxxx XX ----------------- shall have one (1) statutory auditor as mutually agreed by Primus and TCI in writing and appointed by TCI in compliance with such agreement.
