Examples of Silver Member in a sentence
Membership Class Annual Membership Fees Platinum Member $25,000 Gold Member $10,000 Silver Member $5,000 Auditor Member $2,500 Individual Participant (Governing Board approval required) $0 Associate Member (pre-approved non-profits, academic institutions, open source projects, and government entities) (Governing Board approval required) $0 Linux Foundation (LF) Membership Information.
There shall be four (4) classes of membership (“Membership Categories”) in the Foundation: (1) Platinum Member, (2) Gold Member, (3) Silver Member, and (4) Individual Member.
For a private company however the signatures of two members are sufficient → The Articles of Association duly stamped and witnessed as in case of the Memorandum → Written consent of the proposed directors to act as directors and an undertaking to purchase qualification shares.
Written notice shall be provided to the Silver Member in advance of any appointment or removal of a Titanium Family Designee.
During the Silver Period, any Director may be removed, with or without cause, at any time, by the Silver Member, by written notice to any such Director and the Board of Directors.
Appropriate representatives of the Silver Member and the Titanium Family Group Designee shall endeavor to engage in regular open dialogue to further the interests of the Company.
The Titanium Family Designee may not deliver an Exchange Notice following its delivery of an Exchange Notice for a Total Titanium Exchange or the delivery by the Silver Member of a Call Exchange Notice.
If such Directors are unable to reach a mutually acceptable resolution within fifteen (15) Days of the occurrence of such disagreement or foregoing conditions being invoked, then the parties shall submit such dispute, and the Titanium Family Designee or Silver Parent or the Silver Member may cause such dispute to be submitted, to binding arbitration in accordance with the provisions of, and procedures set forth in, Section 6.22.
The vacancy in the Board of Directors caused by any such removal shall be filled as provided in Section 6.6. Absent written consent of the Silver Member to the contrary, all Titanium Directors shall be deemed to have resigned as provided in Section 6.5 effective immediately upon the commencement of the Silver Period.
Silver Parent, Silver OP and the Silver Member (and any of their respective Affiliates) shall be entitled to rely on any action or decision of the Titanium Family Designee.