Common use of Creation and Purpose Clause in Contracts

Creation and Purpose. The Parties shall create a Management Committee, to include two executive level principals from each of the Parties, within 30 days of the beginning of the Initial Period. The first purpose of the Management Committee is to review and approve, disapprove or modify recommendations from the Technical Working Group (TWG) constituted pursuant to section 3.2 of this Agreement. The Management Committee will convene as necessary upon the request of any member of the Management Committee. The second purpose is to negotiate a resolution in the event that the TWG cannot reach consensus on a recommendation concerning monitoring requirements, resource or other research needs, technical aspects of study design, interpretation of results, or appropriate management response actions.

Appears in 5 contracts

Samples: Environmental Monitoring and Management Agreement, Environmental Monitoring and Management Agreement, Management Agreement

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