Term limits allow a company to adjust the board as time goes on to match the needs of the corporation. Typically term limits are 2-3 years.
Why do boards use term limits?
Trish Cotter
Was this article helpful?
Please sign in to leave a comment.
This website and all posts and content are intended for educational purposes only and for no
other purposes including without limitation commercial purposes. Any other use must give proper
attribution to the Martin Trust Center and is subject to certain legal rights contained in our
license and terms of use. See full legal disclaimer
HERE
.
The content in this knowledgebase is subject to a non-exclusive license with share-alike
restrictions and the terms of use of this site – which is available for your review
HERE
.
Have more questions?
Submit a request
Share it, if you like it.
Comments
0 comments