share qualification

Greek translation: προσόν κατοχής μετοχών

11:00 Jul 7, 2007

English to Greek translations [PRO]
Law/Patents - Law (general) / Ιδρυση εταιρίας στην Αγγλία

English term or phrase: share qualification

You may cease to hold office as a director:
•at any time that you resign by written notice. It is desirable that you give the Chairman reasonable
forewarning of your intention to resign or to not seek re-election where that is possible so that
BHP Billiton can plan for succession of skills and experience on the boards; and
•in accordance with the law or the constitutions of BHP Billiton. Currently rules 75 (ceasing to hold a
share qualification), 82 (reaching the age of 70, subject to special election requirements), 83 (if you retire
by rotation and are not re-elected), 88 (appointments to fill a casual vacancy) or 89 (general vacation of
office provisions) deal with this issue, but the shareholders may change these at any time.
This letter refers only to your appointment as a non-executive director. The boards may from time to time
request you to participate in one or more board committees, subject to your agreement.
Role
I refer you to the Board Governance Document (Annexure [ ] to the attachment) which discusses the role
of the Board and outlines the processes it has developed in carrying out its role.
As a non-executive director of BHP Billiton, you will be expected to participate as a member of the
boards in:
•constructively challenging and helping to develop proposals on strategy of the Group;
•setting values and standards for the Group and establishing systems for their communication

Pennya KudoZ activity Questions: 155 (none open) (5 without valid answers) (1 closed without grading) Answers: 2
Local time: 09:49

Greek translation:προσόν κατοχής μετοχών

Explanation:
The conduct of the business of the company is the responsibility of the directors. There is no statutory requirement that a director must be a shareholder of the company, but the bylaws frequently require a director to hold a specified number of shares, termed a share qualification.

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Selected response from:

Nick Lingris
United Kingdom
Local time: 07:49

Grading comment

Νίκο, σ' ευχαριστώ θερμά. (Είναι από τις περιπτώσεις που ενώ μπορείς να πιάσεις το νόημα, δεν μπορείς να το αποδώσεις. Να είσαι καλά.
4 KudoZ points were awarded for this answer

Summary of answers provided

4 +4

προσόν κατοχής μετοχών

Nick Lingris

Answers

43 mins confidence:

peer agreement (net): +4

προσόν κατοχής μετοχών

Nick Lingris
United Kingdom
Local time: 07:49
Native speaker of:

Greek
PRO pts in category: 444

Grading comment

Νίκο, σ' ευχαριστώ θερμά. (Είναι από τις περιπτώσεις που ενώ μπορείς να πιάσεις το νόημα, δεν μπορείς να το αποδώσεις. Να είσαι καλά.

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