Duties of the Board. The Board and the Members shall cause the Company to do or cause to be done all things necessary to preserve and keep in full force and effect its existence, rights (charter and statutory) and franchises. The Board also shall cause the Company to:
Duties of the Board. Management of the Severance Pay Scheme pertains to the Board. The Board shall ensure that activities are properly organized. The Board shall establish plans and budgets for the activities of the Scheme. The Board shall keep itself informed of developments in the economy of the Scheme and shall ensure that its activities and accounts are subject to adequate controls. The Board shall exercise supervision to ensure that management of the Scheme’s assets takes place in accordance with the Articles and Board resolutions. The Board determines how the Articles are to be interpreted and may adopt decisions on matters of principle. The Board shall process and decide upon complaints. The Board may appoint a special appellate body to handle complaints. The Board shall prepare and propose amendments of the Articles, based on the Severance Pay Agreement in force from time to time. Furthermore, the Board shall exercise the authority pertaining to it through statutes or articles or that naturally pertains to the Board.
Duties of the Board. The duties of the Board shall be:
Duties of the Board. Management of the Severance Pay Scheme pertains to the Board. The Board shall ensure that activities are properly organised. The Board shall establish plans and budgets for activities linked to the Scheme. The Board shall keep itself informed of developments in the Scheme's financial status and shall ensure that its activities and accounts are subject to adequate controls. The Board shall exercise supervision to ensure that management of the Scheme’s assets takes place in accordance with the Articles of Association and Board resolutions. The Board determines how the Articles of Association are to be interpreted and may adopt resolutions on matters of principle. The Board shall process and decide upon appeals. The Board may appoint a special appellate body to handle appeals. The Board shall prepare and propose amendments to the Articles of Association, based on the Severance Pay Agreement in force at the time in question. Furthermore, the Board shall exercise its authority by means of statutes or articles or other means that naturally pertain to the Board.
Duties of the Board. The Board shall formulate a plan to carry out its purposes pursuant to Article 2.
Duties of the Board. 1) The Board agrees to begin the process by identifying a strategic team (Superintendent, Business Administrator, Board President, or other designated key members) to address the details and the parameters of the strategic plan process.
Duties of the Board. Subject to Section 8.19, each Director shall owe the same fiduciary duty to the Company and its Members that such Director would owe to a corporation and its stockholders as a member of the board of directors thereof under the laws of the State of Delaware No Director shall hold a position as an officer or director of any organization listed on Schedule C hereto that requires such Director to owe fiduciary duties to any organization listed on Schedule C hereto without the consent of a majority of the Class A Units and the Class A-1 Units, voting as separate classes.
Duties of the Board. The Board shall manage, or cause to be managed, the affairs of the Company in a prudent manner and shall devote such time to Company affairs as shall be necessary for the conduct of such affairs. Without limiting the generality of the foregoing, the Board's duties shall include the following:
Duties of the Board. Except as otherwise expressly provided, the overall management and control of the affairs of the Tengtu United shall be vested in the Board which shall have control over the day to day business of the Tengtu United, including the power to assign duties, approve budgets, sign contracts, pay accounts and assume direction of business operations subject to the specific control of the Tengtu Uniteds.
Duties of the Board. The duties and powers of the Board include but are not limited to:
