Appointment of Management Committee Sample Clauses

Appointment of Management Committee. The Management Committee will consist of at least six staff members, two members from each Joint Venturer, who are appointed by that Joint Venturer’s Chief Administrative Officer. Staff with additional administrative or technical expertise may be appointed by the CAOs as needed to supplement the Committee’s capacity.
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Appointment of Management Committee. Petroleum Operations in the Contract Area shall be conducted under the control and supervision of a Management Committee composed of four (4) members, two (2), including the chairman, to be appointed by First Party, and two (2) to be appointed by Second Party. The Management Committee shall be formed not later than one (1) month after the Effective Date. Each Party shall notify the other of the members of the Management Committee it appoints.
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Appointment of Management Committee. 13 5.2 CHAIRMAN AND SECRETARY OF THE MANAGEMENT COMMITTEE... 14 5.3 DECISIONS 14 5.4 MEETINGS 15 5.5 PROCEDURES 16 ARTICLE 6 OPERATOR 16 6.1 OPERATOR................................................................................. 16 6.2 OPERATOR'S OBLIGATIONS AND DUTIES 17 ARTICLE 7 WORK PROGRAM AND BUDGETS................................................. 18 7.1 WORK PROGRAM........................................................................ 18 7.2 RELEVANT DATA 19 ARTICLE 8 CONTRACTORS, LOCAL WORK AND PERSONNEL.......................... 19 8.1 CONTRACTORS 19 8.2 PRIORITY TO LOCAL WORK 19 8.3 HIRING AND TRAINING OF LIBYAN AND TUNISIAN PERSONNEL 20 8.4 LABOR AND SOCIAL SECURITY 20 ARTICLE 9 SAFETY, POLLUTION AND EMERGENCY 20 ARTICLE 10 COMMENCEMENT OF PETROLEUM OPERATIONS 21 ARTICLE 11 LIMITS ON EXPENDITURES BY OPERATOR 21 ARTICLE 12 SECOND PARTY'S MINIMUM EXPLORATION COMMITMENT 21 12.1 MINIMUM EXPLORATION COMMITMENT 21 12.2 EXPLORATION PERIOD 22 12.3 PENALTIES IN CASE OF NON-FULFILMENT OF MINIMUM EXPLORATION PROGRAM 22
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Appointment of Management Committee. A. NUMBER, APPOINTMENT AND QUALIFICATIONS. The Company shall initially have five (5) Committee Members. For so long as the following are Members, Outback shall name two (2) Committee Members, FPSH LP shall name one (1) Committee Member, AWA INC shall name one (1) Committee Member, and the fifth Committee Member (the "Wise Man") shall be named by unanimous consent of the other four (4)
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Appointment of Management Committee. Section 5.2 of the Agreement shall be deleted in its entirety and replaced with the following:
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Appointment of Management Committee. The Management Committee shall be comprised of the four individuals listed as a Manager on Schedule B attached hereto (each, a “Manager”), each of whom shall have the right to remove himself as a Manager and designate an individual as a successor Manager; provided, however, that upon the death of any Manager, the estate of such deceased Manager shall have the right to designate a successor Manager; and, provided further, that upon (i) the disability of any Manager or (ii) the failure of any Manager, or such Manager’s estate, to designate a successor Manager within one hundred eighty (180) days of such Manager’s removal of himself as Manager or such Manager’s death, as the case may be, then the individual named as an Alternate Manager next to such Manager’s name on Schedule B attached hereto shall be designated as a successor Manager, or if no such individual is listed as an Alternate Manager, or if the individual listed as Alternate Manager is deceased, disabled or otherwise unable to serve as a Manager, then a successor Manager shall be appointed by a majority approval of the remaining members of the Management Committee.
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Appointment of Management Committee. The Members hereby delegate management of the business and operations of the Company, as to matters set forth herein and in Section 3.2, c., (1), to a Management Committee. The Management Committee shall be initially composed of four members, two members each to be appointed by Sport-Xxxxx and Explorer Gear. In the event that Explorer Gear does not close on a Sport-Xxxxx/Explorer Gear Acquisition within 120 days from the Effective Date, the Members agree that the Management Committee shall be composed of five members, three to be appointed by Sport-Xxxxx and two by Explorer Gear. The members of the Management Committee shall serve until replaced by the Member which appointed them. Management Committee members may be removed by the affirmative vote of the Management Committee. Matters to be decided by the Management Committee shall be approved by an affirmative vote of a majority of the members of the Committee. The initial members of the Management Committee shall be Xxxxxx X. Xxxxxx, Xxxxxx X. Xxxxxx, Xxxxx Xxxxxxxxxxx and Xxxxxx Xxx. The Management Committee shall meet no less than on a quarterly basis, pursuant to reasonable notice to all members. Members of the Management Committee may participate in such meetings by telephone. A majority of members (i.e., 3 members) of the Committee present shall constitute a quorum. Unless otherwise provided by law, any action required to be taken or which may be taken at a meeting of the Management Committee may be taken without a meeting if one or more written consents, setting forth the action authorized, shall be signed by each of the members of the Management Committee entitled to vote with respect to the subject matter of thereof and delivered to the Company. Such written consents shall have the same effect as a meeting vote and may be described as such in any document.
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Appointment of Management Committee 
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Related to Appointment of Management Committee

  • Management Committee 6.1 There shall be constituted a committee to be called the Management Committee with functions as stated herein below. 6.2 Government shall nominate two (2) members representing Government in the Management Committee, whereas each Company constituting the Contractor shall nominate one (1) member each to represent Company in the Management Committee provided that in case the Contractor constitutes only one Company, that Company shall have two (2) members. The Parties shall nominate the members to the Management Committee within thirty (30) days of the Effective Date. 6.3 Each Party may nominate alternate members with full authority to act in the absence and on behalf of the members nominated under Article 6.2 and may, at any time, nominate another member or alternate member to replace any member nominated earlier by notice to other members of the Management Committee. 6.4 One representative of the Government shall be designated as the Chairman of the Management Committee and the second representative of the Government shall be designated as the Deputy Chairman. The member of the Operator, or the member designated by the Operator where Operator has two (2) members in the Management Committee shall be designated as the Secretary of the Committee. 6.5 Operator on behalf of the Contractor with the approval of Operating Committee, if constituted under the Article 7.4, or in case of a single Party constituting the Contractor, then that Party shall submit following matters to the Management Committee for review and it shall have advisory functions: (a) the annual Work Programmes and Budgets in respect of Exploration Operations and any revisions or modifications thereto; (b) annual work progress and costs incurred thereon; (c) proposals for surrender or relinquishment of any part of the Contract Area by the Contractor; (d) proposals for an Appraisal Programme or revisions or additions thereto and the declaration of a Discovery as a Commercial Discovery; (e) any other matter required by the terms of this Contract to be submitted to it for review or advice; and (f) any other matter which the Contractor decides to submit for review or advice including matters concerning inter-Party relationships. 6.6 The following matters shall be submitted by Operator on behalf of the Contractor with the approval of Operating Committee, if constituted under the Article 7.4, or in case of single Party constituting the Contractor, then by that Party to the Management Committee for approval: (a) Annual Work Programmes and Budgets in respect of Development Operations and Production Operations and any modifications or revisions thereto; (b) proposals for the approval of development plans as may be required under this Contract, or modifications or revisions to a Development Plan; (c) determination of a Development Area; (d) appointment of auditors along with scope of audit, approval and adoption of audited report submitted under Article 25.4.3; (e) collaboration with licensees or contractors of other areas; (f) claims or settlement of claims for or on behalf of or against the Contractor in excess of limits fixed by the Management Committee from time to time; (g) proposal about abandonment plan/Site Restoration as required to be submitted under Article 14.10; (h) any other matter required by the terms of this Contract to be submitted for the approval of the Management Committee; (i) any other matter which the Contractor decides to submit to it; and (j) any matter, which Government refers to the Management Committee for its consideration and reasoned opinion. 6.7 Unless agreed otherwise by all the members of the Management Committee, the Management Committee shall meet at least once every six (6) months during the Exploration Period and thereafter at least once every three (3) months or more frequently at the request of any member. The Secretary, with the approval of the Chairman, shall convene each meeting by notifying the members twenty eight (28) days prior to such a meeting (or a shorter period of notice if the members unanimously so agree) of the time and place of such meeting and the purpose thereof and shall include in such notice a provisional agenda for such meeting. The Chairman shall be responsible for processing the final agenda for such meeting and the agenda shall include all items of business requested by the members to be included, provided such requests are received by the Secretary at least ten (10) days prior to the date fixed for the meeting. The Secretary shall forward the agenda to the members at least seven (7) Business Days prior to the date fixed for the meeting. Matters not included in the agenda may be taken up at the meeting by any member with the unanimous consent of all the members whether present or not present at the meeting. 6.8 The Chairman or the Deputy Chairman, as may be the case, shall preside over the meetings of the Management Committee and, in their absence, any other member representing Government and present shall preside over the meetings. 6.9 Secretary to the Management Committee shall be responsible, inter alia, for preparation of the minutes of every meeting in the English language and provision to every member of the Management Committee with two (2) copies of the minutes approved by the Chairman within three (3) Business Days of the meeting. Unless agreed otherwise by all the members of the Management Committee, the minutes of a meeting shall be finalised by the Management Committee within three (3)

  • Union/Management Committee There shall be a union/management committee comprised of four (4) employee representatives appointed by the Union and four (4) employer representatives. The Committee's purpose is to provide and promote effective and meaningful communication of information and ideas and to make joint recommendations on matters of concern. Matters that are properly the subject of an individual grievance will not be discussed at this committee. The Committee will meet quarterly, unless agreed otherwise, at a time and place mutually agreed to provided there is business for their joint consideration. The parties will exchange agenda items at least one (1) week prior to the meeting. The parties further agree the Committee may meet at any time its members mutually agree a meeting should be held. The duties of the Chairperson will be shared by the parties. Copies of the minutes shall be provided to Committee members. The employer agrees to pay for time spent during regular working hours for representatives of the union attending such meetings. The parties may utilize video or teleconferencing services for the purposes of committee members attending committee meetings, where appropriate and available. Neither party can unreasonably deny an initiative to utilize video or teleconferencing services.

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