Board Determination definition

Board Determination shall have the meaning set forth in Section 3(b) of the Employment Agreement.

Board Determination means a determination by the Board (which is evidenced by one or more written resolutions to such effect) (i) to terminate the Executive's employment during the Employment Period based upon the Board's dissatisfaction with the manner in which the Executive has performed his obligations and duties under Section 2(a) and (ii) that Cause does not exist as a basis for such termination. For purposes of this Agreement, "without Cause" shall mean a termination by the Company of the Executive's employment during the Employment Period pursuant to a Board Determination or for any other reason other than a termination based upon Cause, death or Disability.

Board Determination means a determination by the Board (which is evidenced by one or more written resolutions to such effect) (i) to terminate the Executive's employment during the Employment Period based upon the Board's dissatisfaction with the manner in which the Executive has performed his obligations and duties under Section 3 and (ii) that Cause does not exist as a basis for such termination.

Examples of Board Determination in a sentence

• Applications that receive an affirmative Board Determination, but for which closing on the bonds does not occur prior to the Certificate of Reservation expiration date, and which subsequently have that docket number withdrawn from the TBRB, may have their Determination Notice reinstated.

• To Be Completed by the Retirement Board Determination of Eligibility for Return of Accumulated Total DeductionsMembers are eligible for a refund of accumulated total deductions under the following conditions.

• Provide a copy of any finding by the resident school board or a statement by an administrator of the resident school district explaining the reason for the finding.Provide an explanation, in Section III, of the circumstances leading to this request.Date of Resident School Board Determination Mo./Day/Yr.

• For purposes of this Agreement, a "Board Determination" shall mean a determination by the Board (which is evidenced by one or more written resolutions to such effect) (i) to terminate the Executive's employment during the Employment Period based upon the Board's dissatisfaction with the manner in which the Executive has performed his obligations and duties under Section 2(a) and (ii) that Cause does not exist as a basis for such termination.

• For purposes of this Agreement, "without Cause" shall mean a termination by the Company of the Executive's employment during the Employment Period pursuant to a Board Determination or for any other reason other than a termination based upon Cause, death or Disability.

More Definitions of Board Determination

Board Determination means a determination by the Board (which is evidenced by one or more written resolutions to such effect) (i) to terminate the Executive’s employment during the Employment Period based upon the Board’s dissatisfaction with the manner in which the Executive has performed his obligations and duties under Section 2(a) and (ii) that Good Cause does not exist as a basis for such termination. Notwithstanding the foregoing, no act or omission shall constitute or be the basis for a termination based upon a Board Determination unless the Board provides the Executive (a) written notice of its intention to terminate Executive’s employment pursuant to a Board Determination, and (b) an opportunity, within 30 days following the Executive’s receipt of such notice, to meet in person with the Board to explain or defend his performance to the Board.

Board Determination has the meaning set forth in Section 7.2(c).

Board Determination shall have the meaning set forth in Section 3.2(c) hereof.

Board Determination. The Board will have the power to conclusively determine if an Event of Default has occurred, including whether there has been a material breach of this agreement. The Board will be entitled to take advice from appropriately qualified professionals in reaching its determination.

Board Determination or similar expressions mean the Majority Vote of the Board, acting in its sole and absolute discretion, except as otherwise required by Law or any of the Company’s Organizational Documents.

Board Determination or similar expressions mean the Requisite Manager Vote, with each Manager acting in such Manager’s sole and absolute discretion, except as otherwise required by Law or any of the Company’s Organizational Documents.

Board Determination means a unanimous determination by the Board (excluding the Executive) (which is evidenced by one or more written resolutions of the Board to such effect), (i) to terminate the Executive’s employment during the Employment Period based upon the Board’s dissatisfaction with the manner in which the Executive has performed his obligations and duties under Section 2(a) and (ii) that Cause does not exist as a basis for such termination. Notwithstanding the foregoing, no act or omission shall constitute or be the basis for a termination based upon a Board Determination unless the Board provides the Executive (a) written notice of its intention to terminate Executive’s employment pursuant to a Board Determination, and (b) an opportunity, within 30 days following the Executive’s receipt of such notice, to meet in person with the Board to explain or defend his performance to the Board.