The Chairman is elected by the Board of Directors from among its members by an absolute majority of the votes cast. He is assisted by two vice-chairmen elected by the Board of Directors.
The members of the Board of Directors are appointed by order of the Minister for Employment. Each member, with the exception of qualified individuals, may be represented by a deputy appointed under the same conditions.
The Managing Director and the representative of the General Secretariat for Economic and Financial Affairs attend Board meetings in an advisory capacity.
The term of office for full and alternate members of the Board of Directors is three years, renewable. The term of office of members of the Board of Directors is free of charge, subject to reimbursement of travel and subsistence expenses and, where applicable, loss of salary, under the conditions laid down in the internal regulations referred to in article R. 5312-14.
Members who have died, resigned or lost the capacity in which they were appointed shall be replaced within three months. In this case, the term of office of the new members expires on the date on which that of their predecessor would normally have ended.
The Board of Directors is convened by its Chairman. It meets at least six times a year.
The Board of Directors shall adopt rules of procedure relating to its operation. These rules of procedure determine in particular the composition and powers of the Audit Committee provided for in Article L. 5312-5, which is attended by the representative of the Economic and Financial Control Board, and of the Evaluation Committee provided for in Article L. 5312-5, as well as the conditions under which these committees may call on…
The agenda for each meeting is drawn up by the Chairman, after consultation with the Vice-Chairmen, and on the proposal of the Director General. A meeting may be convened at the request of the Minister for Employment, the Managing Director or a majority of the members on a specific agenda.
The Board of Directors may only validly deliberate if at least ten of its members are present. If this number is not reached, the Board is reconvened within fifteen days. It may then validly deliberate regardless of the number of members present. Voting by proxy is permitted. A Board member may only hold one proxy; Decisions are taken by a majority of the members present or represented, with the exception…
The General Manager shall provide secretarial services for the Board of Directors. A copy of the minutes of each meeting of the Board of Directors, signed by the Chairman, is sent to the members of the Board of Directors and to the representative of the General Economic and Financial Control.
Our French business lawyers are here to help.
We offer a FREE evaluation of your case.
Call us at +33 (0) 1 84 88 31 00 or send us an email.
is a Registered Trademark of
PETROFF LAW FIRM (SELARL LEGASTRAT)
182, rue de Rivoli
75001, Paris France
RCS Paris n°814433470
Paris Bar Registration n° (Toque) C2396
is a Registered Trademark of
PETROFF LAW FIRM (SELARL LEGASTRAT)
182, rue de Rivoli
75001, Paris France
RCS Paris n°814433470
Paris Bar Registration n° (Toque) C2396
Resources
is a Registered Trademark of
PETROFF LAW FIRM (SELARL LEGASTRAT)
182, rue de Rivoli
75001, Paris France
RCS Paris n°814433470
Paris Bar Registration n° (Toque) C2396
Useful links
Our French business lawyers are here to help.
We offer a FREE evaluation of your case.
Call +33 (0) 1 84 88 31 00 or send us an email.
All information exchanged through this website will be communicated to lawyers registered with a French Bar and will remain confidential.
