Governance Matrix definition

Governance Matrix means the Governance Matrix attached to these Bylaws as Exhibit A and incorporated herein by reference, which sets forth certain reserved rights and powers of the System Corporation, the Parent Corporation, and their affiliates, and which may be amended from time to time as set forth in the Governance Matrix. The Corporation shall be considered a “Subsidiary” for purposes of the Governance Matrix.
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Governance Matrix means the matrix set out in Schedule 2;
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Examples of Governance Matrix in a sentence

  • Notwithstanding any other provision of these Bylaws, the Parent Corporation may remove any Director without cause at any time in accordance with the requirements of the Governance Matrix.

  • In the event of a conflict or inconsistency between these Bylaws and the Governance Matrix, the Governance Matrix shall prevail.

  • As required by the Governance Matrix, the Chief Executive Officer shall be appointed by the Chief Operating Officer of the System Corporation, after consultation with the Board, and shall serve subject to the terms of any contract of employment.

  • In the event of any conflict between the Governance Matrix and any other provision of this Agreement, such other provision shall take priority.

  • The Parent Corporation and the System Corporation shall each have the specific reserved rights and powers set forth in the Governance Matrix, as well as those set forth in these Bylaws (collectively, the “Reserved Rights and Powers”).

  • Amendments to these Bylaws or to the Articles of Incorporation shall be effective only when approved by the Board, the Parent Corporation, and any other person or entity required in accordance with the Governance Matrix.

  • Subject to the Governance Matrix and the rights, if any, of an officer under any contract of employment, (i) any officer, except the Chief Executive Officer and the Chief Financial Officer, may be removed, with or without cause, by the Board or by an officer on whom such power of removal may be conferred by the Board, and (ii) the Chief Executive Officer and the Chief Financial Officer may be removed, with or without cause, by the Chief Operating Officer of the System Corporation.

  • Thereafter, in accordance with the Governance Matrix and this Section 2, the Board of Directors shall identify persons acceptable to the Board for appointment as Directors and recommend them to the Parent Corporation for approval.

Related to Governance Matrix

  • Governance Term Sheet means the Governance Term Sheet attached as Exhibit F to the Restructuring Support Agreement.

  • Governance Agreement means the governance agreement dated November 5, 2015 between Hydro One Limited and the Province.

  • Governance Committee means the Governance Committee of the Board.

  • Governance “Governing” and “Governed” have meanings correlative thereto.

  • Matrix (1 2 8 9) means a substantially continuous phase that fills the space between particles, whiskers or fibres.