Board members are generally appointed for one year. An excess of this one-year term of office may also be agreed. The term of office generally terminates with the date of holding of the shareholders’ meeting, which approved the financial statements for the last full financial year of the exercise of Executive Function. Board members are also free to withdraw from its role as manager.Cf. Kidyba (2010): Kodeks spółek handlowych: TOM I: Komentarz do art. 1-300, § 202 Nr. 5; Rodzynkiewicz: Kodeks spółek handlowych: Komentarz, S. 364-367.
