Crisis Response Plan Sample Clauses
A Crisis Response Plan clause outlines the procedures and responsibilities for addressing unexpected emergencies or critical incidents that may impact the parties or the performance of the agreement. Typically, this clause requires the parties to develop, maintain, and implement a detailed plan specifying steps to be taken in the event of a crisis, such as natural disasters, security breaches, or other significant disruptions. By establishing clear protocols and communication channels, the clause ensures that both parties are prepared to respond effectively, minimizing confusion and mitigating potential damages during unforeseen events.
Crisis Response Plan. The School will develop and implement a Crisis Response Plan for each facility and classroom. Safety and emergency procedures shall be posted in all School facilities.
Crisis Response Plan. The Board adopted a Crisis Response Plan on November 20, 2019 (“Crisis Response Plan”, attached hereto as Attachment 1)) to help protect LACERA assets in case of an Event1, including situations where certain key LACERA personnel are Unavailable2. Consultant will be a member of LACERA’s Crisis Response Group (as such term is defined in the Crisis Response Plan and be responsible for the following:
(a) Upon notification from a member of the Crisis Response Group that an Event has occurred, Consultant will notify the other members of the Crisis Response Group than an Event has occurred and will confer with LACERA’s CIO and consult on potential options and course of action to help protect LACERA’s assets (“Course of Action”).
(b) If LACERA’s CIO is Unavailable, Consultant will: (a) consult with other members of the Crisis Response Group and they will collectively prepare a Course of Action; and (b) work with the following members of the Crisis Response Group in the following order of precedence, to implement the Course of Action:
(i) DCIO3;
(ii) If the DCIO is Unavailable, then two PIOs;
(iii) If the DCIO and two PIOs are Unavailable, then one PIO and CEO;
(iv) If the DCIO, two PIOs and CEO is Unavailable, then the Chair of BOI and one PIO or CEO; or
(v) If all of the member of the Crisis Response Group listed in (i)-(iv) above are Unavailable, Consultant is authorized and directed to do the following in LACERA’s name and on its behalf without LACERA’s prior approval:
1) suspend the securities lending program and recall securities on loan; 1 Event is generally defined as a time when there is a need to act quickly to minimize a negative impact on the pension fund’s assets. An Event will be declared by the Crisis Response Group and/or LACERA’s Incident Response Team (as defined by LACERA’s Business Continuity Plan). If no LACERA member of these two groups is available to make a declaration, Consultant will declare the Event.
Crisis Response Plan. The Consortium requires the Operator to have a Crisis Response Plan. At minimum, Operators shall have a staff member(s) trained in Crisis Response to monitor staff well-being following a collision or workplace incident that may impact a staff member’s well-being or ability to perform the duties of their position.