3. Resolution Concerning the Appointment of a Member of the Jewish Agency Board of Governors to Serve as a Director on an IEF Company
The By-laws of the Jewish Agency [Section VIII, clause F3(a)] do not allow, inter alia, members and associate members of the Executive of JAFI and members of the Board of Governors of JAFI to be appointed as directors of Jewish Agency companies, including IEF companies, unless the Board of Governors, upon the written request of the Chairman of the Assets and Liabilities Committee, with the approval of the Chairman of the JAFI Executive and Vice Chairman of the JAFI Executive, allows such an appointment as an exception, provided that it be satisfied that special circumstances exist; and
The Chairman of the Assets and Liabilities Committee, having received the approval of the Chairman of the JAFI Executive and Vice-Chairman of the JAFI Executive, hereby requests the Board of Governors to allow the appointment of Mr. Lior Shilat, a member of the Board of Governors, to the Board of Directors of the IEF company: The Levinsky College of Education in Tel Aviv Ltd. (CC); and
As Mr. Lior Shilat has special knowledge and experience which can help and contribute to the activity of the company to which it is proposed to appoint him as a director, the Board of Governors is satisfied that special circumstances exist for this appointment.
Therefore be it resolved:
To allow the appointment of Mr. Lior Shilat as a member of the Board of Directors of the IEF company: The Levinsky College of Education in Tel Aviv Ltd. (CC).
All other rules regarding the appointment of directors to IEF companies will apply to this appointment.