Examples of Members of the Executive Board in a sentence
As all members of the Executive Board shall be identified as Risk Takers (see chapter 4.1), the regulations and Remuneration systems for Risk Takers set out in this Policy also apply to Members of the Executive Board as long as not stated otherwise.
Members of the Executive Board are appointed by the Supervisory Board.
Members of the Executive Board may be dismissed by the Supervisory Board of the Meeting of Shareholders.
Members of the Executive Board may allocate corporate management tasks among themselves, with the approval of the Supervisory Board.
The Supervisory Board ( Aufsichtsrat) of the Company is responsible to fulfill regulatory requirements, which include the design and implementation of compliant Remuneration systems for Members of the Executive Board.
Members of the Executive Board and the Supervisory Board, as well as any person convened to attend the meetings of these bodies, are bound by complete discretion with respect to confidential information and provided as such by the Chairman of the Executive Board or as the case may be, the Supervisory Board.
Members of the Executive Board and the Supervisory Board are liable towards the Company or third parties, in accordance with their respective attributions, for breaches of statutory provisions governing limited liability companies, breaches of these articles of association and faults committed in the exercise of their duties, subject to the conditions and the sanctions provided by the legislation in force.
Members of the Executive Board must be natural persons, failing which the appointment shall be null and void.