First Board definition
Examples of First Board in a sentence
The minutes of the First Board Meeting shall be drawn up within 3 (three) days after the First Board Meeting substantially in the form set out in Annex 3 in accordance with section 4 of Article 68 of the JSC Law.
The Parties shall cause the chairman of the Board to prepare the agenda for the First Board Meeting, substantially in the form set out in Annex 1, and to notify in writing all members of the Board of the intended First Board Meeting.
The First Board shall be made up of the current President, Vice President, Secretary and Treasurer of the South Dakota Association of Towns and Townships; thereafter the President shall appoint at least three (3) individuals to serve as the remainder of the first Board until the first regular election.
The results of the appraisal and of the Inventory as well as the drafts of the Unwind Balance Sheet and the transfer acts shall be submitted by the General Director to the chairman of the Board within 15 (fifteen) days after the date of the First Board Meeting.
For the first fiscal year, the annual budget shall be as approved by the First Board.
All records shall be maintained in accordance with procedures and requirements established by the Quad Cities First Board.
On the date of this Agreement, RP Financial, lc has provided to the Mutual First Board a written fairness opinion to the effect that the Exchange Ratio is fair to the stockholders of Mutual First from a financial point of view.
Developer shall have the right to propose a slate of candidates for the First Board.
At the Effective Time, Mutual First agrees to cause four directors of ▇▇▇▇▇▇, ▇▇▇▇▇ ▇▇▇▇▇, ▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ and ▇▇▇ ▇▇▇▇▇▇, to be elected to the Mutual First Board and Mutual First Bank's Board of Directors for such terms as shall be agreed upon between the parties, subject to compliance with applicable law.
Directors, except for members of the First Board, shall hold office for the term of two (2) years and until his or her successor shall be elected and qualified.