Common use of Board Training Clause in Contracts

Board Training. In addition to the training described in Section III.C.1, within 90 days after the Effective Date, each member of the Board of Directors of ResMed, Inc. (Board) shall receive training regarding the corporate governance responsibilities of board members, and the responsibilities of board members with respect to review and oversight of the Compliance Program. Specifically, the training shall address the unique responsibilities of health care Board members, including the risks, oversight areas, and strategic approaches to conducting oversight of a health care entity. This training may be conducted by an outside compliance expert hired by the Board and should include a discussion of the OIG’s guidance on Board member responsibilities.‌ New members of the Board shall receive the Board training described above within 30 days after becoming a member or within 90 days after the Effective Date, whichever is later.

Board Training. In addition to the training described in Section III.C.1, within 90 120 days after the Effective Date, each member of the Board of Directors of ResMedMerit Medical Systems, Inc. (Board) October 8, 2020 shall receive training regarding the corporate governance responsibilities of board members, and the responsibilities of board members with respect to review and oversight of the Compliance Program. Specifically, the training shall address the unique responsibilities of health care Board board members, including the risks, oversight areas, and strategic approaches to conducting oversight of a health care entity. This training may be conducted by an outside compliance expert hired by the Board of Directors and should include a discussion of the OIG’s guidance on Board board member responsibilities.‌ responsibilities. New members of the Board of Directors shall receive the Board training Training described above within 30 days after becoming a member or within 90 120 days after the Effective Date, whichever is later.

Board Training. In addition to the training described in Section III.C.1, within 90 days after the Effective Date, each member of the Compliance and Clinical Oversight Board of Directors of ResMed, Inc. (Board) shall receive training regarding the corporate governance responsibilities of board members, members and the responsibilities of board members with respect to review and oversight of the Compliance Programcompliance program. Specifically, the training shall address the unique responsibilities of health care Board members, including the risks, oversight areas, and strategic approaches to conducting oversight of a health care entity. This training may be conducted by an outside compliance expert hired by the Compliance and Clinical Oversight Board and should include a discussion of the OIG’s guidance on Board member responsibilities.‌ New members of the Compliance and Clinical Oversight Board shall receive the Compliance and Clinical Oversight Board training described above within 30 days after becoming a member or within 90 days after the Effective Date, whichever is later.

Board Training. In addition to the training described in Section III.C.1, within 90 days after the Effective Date, each member of the Board of Directors of ResMedor Board CIA Committee, Inc. (Board) shall receive training regarding the corporate governance responsibilities of board members, and the responsibilities of board members with respect to review and oversight of the Compliance Program. Specifically, the training shall address the unique responsibilities of health care Board board members, including the risks, oversight areas, and strategic approaches to conducting oversight of a health care entity. This training may be conducted by an outside compliance expert hired by the Board or Board CIA Committee, and should include a discussion of the OIG’s guidance on Board board member responsibilities.‌ responsibilities. New members of the Board or Board CIA Committee shall receive the Board training described above within 30 days after becoming a member or within 90 days after the Effective Date, whichever is later.