Examlex
The reengineering process makes it possible to determine how much each change contributed to the organization's improved position.
Staggered Terms
An arrangement where members of a governing body are elected at different times, so not all positions are up for election simultaneously.
Cumulative Voting
A voting system that allows shareholders to concentrate all their votes on a single candidate during a multiple-seat election, enhancing minority shareholders' representation.
Nonprofit Corporation
A legal entity organized for purposes other than making a profit, often focused on charitable, religious, educational, or public service objectives.
Purpose Clause
A segment within a legal document that specifies the intentions or objectives that the parties aim to achieve with the contract or agreement.
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