Chairperson of the Board of members

Article 57. Chairperson of the Board of members

bookkeeping-vinasc31. The Board of members shall elect a member as the Chairperson. The Chairperson of the Board of members may concurrently hold the position of the company’s Director/General Director.

2. The Chairperson of the Board of members has the following rights and obligations:

a) Prepare the agenda and operation plan of the Board of members;

b) Prepare the agenda, contents, documents of meetings of the Board of members or for absentee voting;

c) Convene and chair meetings of the Board of members or organize the absentee voting;

d) Carry out or organize supervision of implementation of Resolutions of the Board of members;

dd) Sign Resolutions of the Board of members on behalf of the Board of members;

e) Other rights and obligations prescribed by this Law and the company’s charter.

3. The term of office of a the Chairperson of the Board of members shall not exceed 05 years. The Chairperson of the Board of members may be re-elected without term limit.

4. If the Chairperson of the Board of members is absent or incapable of performing his/her rights and obligations, he/she may authorize another member in writing to perform rights and obligations of the Chairperson of the Board of members in accordance with the company’s charter. If no member is authorized, one of the members of the Board of members shall convene a meeting to elect one of the members to temporarily perform rights and obligations of the Chairperson of the Board of members under the majority rule.

Article 58. Meetings of the Board of members

bookkeeping-vinasc11. The Board of members shall be convened at the request of the Chairperson of the Board of members or a member or group of member prescribed in Clause 8 and Clause 9 Article 50 of this Article. Every meeting of the Board of members must be held at the company’s headquarter, unless otherwise prescribed by the company’s charter.

The Chairperson of the Board of members shall prepare the agenda, documents, and convene meetings of the Board of members. Members may propose additional contents to the agenda in writing. The proposal must contain:

b) The full name, permanent residence, nationality, ID/passport number of if the member is an individual; name, establishment decision number or company ID number, headquarter address if the member is an organization; full name, signature of the member or the member’s authorized representative;

b) Proportion of stake, number and date of issue of the certificate of capital contribution;

c) Additional contents;

d) Reasons.

The Chairperson of the Board of members must accept the proposal and change the agenda if such proposal is valid and sent to the company’s headquarter at least 01 working day before the meeting date; if a proposal is put forward right before the meeting, it shall be accepted if the majority of the attending members approve.