Common use of E&F Corrections Clause in Contracts

E&F Corrections. FDX will notify all Members of E&F Corrections at least 14 calendar days before the date upon which the Board of Directors is scheduled to vote to approve incorporating E&F Corrections into a Final Specification; provided, however, the Board of Directors may shorten such 14 calendar day period for urgent matters when approved by four-fifths of the Board of Directors. E&F Corrections will be deemed made to the Final Specification when approved by two-thirds of the Board of Directors. FDX may provide a Log of E&F Corrections (or Errata and Forms Corrections Log) available for all Members to review. The posting of an E&F Correction to the Errata and Forms Corrections Log shall be deemed the first day of effective notice provided to all Members of such E&F Correction. The Board of Directors may delegate its authority to one or more task forces, working groups, committees or other bodies to establish procedures and processes for the determination, collection, circulation and approval of E&F Corrections to be presented to the FDX Board of Directors for final approval.

Appears in 3 contracts

Samples: Membership Agreement, Membership Agreement, Property Rights Agreement

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E&F Corrections. FDX will notify all Members of E&F Corrections at least 14 calendar days before the date upon which the Board of Directors is scheduled to vote to approve incorporating E&F Corrections into a Final Specification; provided, however, the Board of Directors may shorten such 14 calendar day period for urgent matters when approved by four-four- fifths of the Board of Directors. E&F Corrections will be deemed made to the Final Specification when approved by two-thirds of the Board of Directors. FDX may provide a Log of E&F Corrections (or Errata and Forms Corrections Log) available for all Members to review. The posting of an E&F Correction to the Errata and Forms Corrections Log shall be deemed the first day of effective notice provided to all Members of such E&F Correction. The Board of Directors may delegate its authority to one or more task forces, working groups, committees or other bodies to establish procedures and processes for the determination, collection, circulation and approval of E&F Corrections to be presented to the FDX Board of Directors for final approval.

Appears in 2 contracts

Samples: FDX Non Member Attendance Agreement, FDX Non Member Attendance Agreement

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