Composition of the Supervisory Board. 1. The Company has a Supervisory Board comprising a maximum of ten members selected exclusively among shareholders who are neither General nor Managing Partners, as well as one or two members representing employees, appointed in accordance with the terms and conditions set out in article 12.6 below.
Composition of the Supervisory Board. 5.1.1 As of the date of this Agreement, the Supervisory Board will consist of three (3) up to five (5) members (the "Supervisory Board Members"). Supervisory Board Members shall qualify as 'independent' within the meaning of the Dutch Corporate Governance Code and article 2:270 BW.
Composition of the Supervisory Board. (a) The Downstream Co shall have a supervisory board (Conselho de Administração) (the “Supervisory Board”).
Composition of the Supervisory Board. 6.2.1 The Parties shall use, and the Company shall cause the Boards and all respective members thereof individually to use, their respective reasonable best efforts to ensure that until the later to occur of (A) the earliest of (i) such time after the Settlement Date as the Buyer and its Affiliates, in the aggregate, directly or indirectly own one hundred percent (100%) of the issued and outstanding Company Shares, (ii) the date on which the Buyer or any of its Affiliates commences a statutory squeeze-out procedure (uitkoopprocedure) in accordance with Section 2:92a or 2:201a of the DCC or the takeover buy-out procedure in accordance with Section 2:359c of the DCC, and (iii) the date on which the Share Transfer or the Asset Sale completes, and (B) the expiry of the Non-Financial Covenants Period (the latest such date, the "Completion Date"), the Company will have as per Settlement a Supervisory Board composed as follows, including through their respective resignations from any relevant board, their vote in favour of any (proposal for the) required amendment of the Company Articles or any other constitutional document, their (vote in favour of any) nomination or appointment of any Person to any relevant board, their (vote in favour of any) resignation of any Person from any relevant board and their nomination for the appointment of any Person to any relevant board:
Composition of the Supervisory Board. (a) The Sugar and Ethanol Co shall have a supervisory board (Conselho de Administração) (the “Supervisory Board”).
Composition of the Supervisory Board. During the Initial Period, the Supervisory Board shall consist of nine Directors. After the Initial Period, the Supervisory Board shall consist of such number of Directors being not less than seven Directors and not more than thirteen Directors, as the Supervisory Board from time to time determines, subject to approval by a resolution of the Company passed by the Members representing a simple majority of the total voting rights of the Members, who (being entitled to do so) vote in person or by proxy on the resolution at a general meeting.
Composition of the Supervisory Board. (a) The Supervisory Board shall be comprised of nine (9) members which may be legal Entities or private individuals, appointed for an undetermined term and composed of three (3) Class 1A members (the "Class 1A Members"), three (3) Class 1B members (the "Class 1B Members"), two (2) Class 1C members (the "Class 1C Members") and one (1) Class 1D member (the "Class 1D Member"), designated as follows in accordance with Section 4.2:
Composition of the Supervisory Board. 4.1 As of the First Trading Date, the Supervisory Board shall consist of three members appointed by the General Meeting. The table below sets out the names of the Supervisory Board members as of the First Trading Date, whether those members are independent or dependent pursuant to the Dutch Corporate Governance Code, the position they hold on the Supervisory Board and their respective terms. Name Age Position Member as of Independent or dependent Term Ms X. (Carolina) Wielinga 50 Supervisory Board member (chair) First Trading Date Independent 2021- 2025 Mr X. (Benno) van Dongen 56 Supervisory Board member First Trading Date Independent 2021- 2025 Mr X. (Xxxx) Xxxxxx 48 Supervisory Board member First Trading Date Dependent 2021- 2025
Composition of the Supervisory Board. The Company shall have a Supervisory Board composed of 12 (twelve) members each Supervisory Director having a term in office of 3 (three) years, re-election being permitted. Subject to the provisions of Sections 2.6 and 6 hereto, each of the TEF Group and the PT Group shall have the right to make binding nominations to appoint 6 (six) Supervisory Directors.
Composition of the Supervisory Board. Appointment of its members The Supervisory Board shall consist of nine (9) members who shall be appointed in accordance with the provisions of Article 9.2.3(a), save in case of Enforcement of the Pledges of the Share Accounts and application of Appendix B. The members of the Supervisory Board may be natural or legal entities and need not be Shareholders of the Company. The President can be appointed as a member of the Supervisory Board. Legal entities which are appointed to the Supervisory Board must appoint a permanent representative who shall be subject to the same terms and conditions and obligations as though he were a member of the Supervisory Board in his own right. Whenever a legal entity revokes the mandate of its permanent representative, it must simultaneously appoint a replacement. The same shall apply in case of the death or resignation of the permanent representative.
