Common use of AGREEMENT OFFICIALS AND DELEGATIONS OF AUTHORITY Clause in Contracts

AGREEMENT OFFICIALS AND DELEGATIONS OF AUTHORITY. 6.1 The Parties are authorized to retain a Secretariat to administer the Agreement and to appoint an Executive Director and such other Agreement officials as they may deem necessary and appropriate. Subject to the direction of the Parties, the Secretariat and Executive Director shall have general responsibility for supervising and monitoring day-to-day activities under the First Revised Page No. 12 Agreement, including maintaining all records of the Agreement and administering all documentation and reporting requirements applicable to or under the Agreement. 6.2 The Secretariat shall make reports to the Parties as required or directed from time to time, and shall take any other actions as directed by the Parties to further the purposes of the Agreement. 6.3 Meetings of the Parties will be held as needed, either in person, by teleconference, video conference, or other electronic means, and will be called by the Executive Director (or the chairman of a committee or subcommittee hereunder in the case of a committee meeting) upon at least ten calendar days' electronic notice of the time and place, to be followed as soon as possible by an agenda. An emergency meeting may be called upon at least five calendar days’ electronic notice, unless all Parties (or all Parties that are members of a committee hereunder for which an emergency meeting is called) receive without objection a shorter notice for the particular emergency meeting called. 6.4 Upon action taken by the Parties in accordance with this Agreement, the Executive Director and the counsel to the Agreement are each authorized to execute and file on the Parties' behalf minutes of meetings and other documents as required by law. Second Revised Page No. 13 6.5 The Parties will establish such standing, advisory and ad hoc committees as they deem desirable for the furtherance of the purpose of the Agreement. Such committees may establish procedures and guidelines for their activities, as consistent with the overall direction of the Parties.