Board of Trustees Established Sample Clauses

Board of Trustees Established. Subject to Section 5.1, the Board shall consist of 16 Trustees appointed as follows:
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Board of Trustees Established. The District herein created shall be governed by a board of Trustees (“Board”). The Board shall consist of seven (7) voting representatives: two (2) from the Village of New Glarus, two (2) from the Town of New Glarus, and one (1) each from the Towns of York, Primrose and Perry. Each Board representative shall serve a three-year term. The representatives on the Board from the Village of New Glarus shall be appointed by the Village Board President, subject to confirmation by the Village Board. The representatives of the participating Towns shall be appointed by the respective Town Chairs, subject to confirmation by the respective Town Boards. The term of each member shall expire on June 30 of the last year of their term. Persons appointed to fill a vacancy shall serve out the term of their predecessor. In all instances, each member appointed to the Board shall serve until a successor is appointed and qualifies. Each Trustee shall be a resident of the municipality for which they are appointed.
Board of Trustees Established. The Board shall consist of eight Trustees appointed as follows:

Related to Board of Trustees Established

  • Board of Directors The Board of Directors of the Company is comprised of the persons set forth under the heading of the Pricing Prospectus and the Prospectus captioned “Management.” The qualifications of the persons serving as board members and the overall composition of the board comply with the Exchange Act, the Exchange Act Regulations, the Xxxxxxxx-Xxxxx Act of 2002 and the rules promulgated thereunder (the “Xxxxxxxx-Xxxxx Act”) applicable to the Company and the listing rules of the Exchange. At least one member of the Audit Committee of the Board of Directors of the Company qualifies as an “audit committee financial expert,” as such term is defined under Regulation S-K and the listing rules of the Exchange. In addition, at least a majority of the persons serving on the Board of Directors qualify as “independent,” as defined under the listing rules of the Exchange.

  • Governing Board The School shall be governed by a board (the “Charter Board”) in a manner that is consistent with the terms of this Certificate so long as such provisions are in accordance with state, federal, and local law. The Charter Board shall have final authority and responsibility for the academic, financial, and organizational performance of the School. The Charter Board shall also have authority for and be responsible for policy and operational decisions of the School, although nothing herein shall prevent the Charter Board from delegating decision-making authority for policy and operational decisions to officers, employees and agents of the School, as well as third party management providers.

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