Common use of Appointment and Duties of the Manager Clause in Contracts

Appointment and Duties of the Manager. (a) On and from the JV Formation Date, Nullagine will be the Manager unless it ceases to be Manager pursuant to clause 12.5. (b) The Manager will: (i) manage and conduct all Exploration with the skill, diligence and care normally exercised by qualified persons in the performance of comparable work and in accordance with accepted Exploration methods and practices; (ii) promptly carry out all instructions and directions of the Management Committee; (iii) conduct all Operations in a good workmanlike and efficient manner in accordance with sound mining and other applicable industry standards and practices in accordance with the terms and provisions of the leases, licences, permits, contracts and other agreements pertaining to the Joint Venture Property; and (iv) not be liable to the non-managing Joint Venture Parties for any act or omission resulting in damage or loss to the Joint Venture or the Joint Venture Parties except to the extent caused by, or attributable to, the Manager's wilful misconduct or gross negligence.