MSC Board definition
Examples of MSC Board in a sentence
Company shall establish an operating committee for the Project (the “Operating Committee”), which shall operate under the supervision of the MSC Board.
The fees and expenses of the independent appraiser shall be borne by MSC, unless the final appraised value, as determined by the independent appraiser, is less than 110% of the valuation determined by the MSC Board, in which case the fees and expenses of the independent appraiser shall be borne by the Participant.
The MSC Board may, to the extent permitted by law, delegate any of its authority hereunder to its Compensation Committee or such other persons as it deems appropriate; provided that all calculations and proposed payment amounts shall be submitted to the MSC Board for consideration and approval.
MSC is in need of management services under the guidance of the MSC Executive Committee, the Executive Directors of the Members (as that term is defined herein), and the MSC Board to assist MSC with achieving MSC Objective 1 which is to: Develop a stronger partnership with the Minnesota Department of Education (MDE) in providing services to school districts and charter schools across the State of Minnesota.
If the MSC Board fails to remove any and all restrictions applicable to such Transferred employee pursuant to this Section 8.3.5, MSC/SFI shall pay to the respective Transferred Employee an amount in cash equal to the fair market value of the stock of MSC as designated for the closing price on June 29, 2001, multiplied by the number of shares each holder of the Restricted Stock Award would have received had the restrictions been removed.