Examples of Charter Member in a sentence
Charter Members are expected, but shall have no obligation, to build or develop a commercial product or service supporting the Specifications and to implement defined technologies and solutions developed by the Company in the commercial products or services manufactured or developed by the Charter Member related to the Specifications.
Any Charter Member or Core Member in good standing may join any Working Group; provided however, that the Board of Directors may, from time to time, develop and publish objective minimum standards for membership in Working Groups as part of the Operations Guideline Document.
Each Charter Member shall have the right to change its designated Representative at any time, with or without cause, by delivery of written notice to the Company as provided by this Agreement, and such new Representative shall immediately replace such Charter Member’s member on the Board of Directors, and the Company shall reflect such change in the records of the Company and in such Member’s Contact Information Form.
Subject to the approval of the Working Group chairperson and the Board of Directors, a Charter Member or a Core Member may propose candidates for membership in the Working Group.
Except as otherwise specifically provided herein, each Charter Member shall have the right to designate a Representative, as set forth on such Member’s Contact Information Form or such other form as may be designated by the Company, to be a member of the Board of Directors and be entitled to Vote on any action or matter, and to participate in any meeting of the Board of Directors and in the management of the Company.