Common use of EMERGENCY COMMITTEE Clause in Contracts

EMERGENCY COMMITTEE. 69.1 There is hereby established an Emergency Committee (“EC”) comprising the CEO of SARU, the CEO of SAREO and the CEO of My Players and one more representative of each of the aforementioned parties. 69.2 The EC is established to decide on Urgent Matters (as defined below) regulated by or within the scope of the SARICA. 69.3 ‘Urgent Matters’ in this context shall mean any matter which is referred to the EC by a member of SAREO or SARPA and which may objectively threaten the financial state and sustainability, operational effectiveness, or competitiveness of a member of SAREO or which may have a severe detrimental effect on a member of SARPA. 69.4 The EC shall determine its own meeting and decision-making procedures and shall make decisions by way of a unanimous vote of the Members of the EC. 69.5 The members of the EC shall appoint a chairperson amongst its members. If the chairperson is absent from a meeting, then a replacement chairperson shall be nominated from the remaining members of the EC present at the meeting. 69.6 Should one of the members of the EC be unable to attend a meeting of the EC, such member may nominate a representative to attend and vote at a meeting of the EC on his/her behalf. 69.7 The EC may invite and co-opt invitees who are able, in the view of the EC, to contribute by way of expertise or experience. 69.8 The members of the EC will commit to: 69.8.1 Attending all EC meetings (whether in person or virtual) or nominate a proxy or representative when unable to attend; 69.8.2 Acting objectively and free of bias or prejudice at all times; 69.8.3 Consider and decide on Urgent Matters as soon as possible, independently and in the interest of XXXX, the members of SARPA and the members of SAREO at all times and with due consideration to all relevant information, representations from affected parties, the objectives of the SARICA and the best interests of South African rugby; 69.8.4 Not alter the terms of the SARICA unless absolutely necessary in the circumstances and considering the factors mentioned in paragraph

EMERGENCY COMMITTEE. 69.1 There is hereby established an Emergency Committee (“EC”) comprising the CEO of SARU, the CEO of SAREO and the CEO of My Players and one more representative of each of the aforementioned parties. 69.2 The EC is established to decide on Urgent Matters (as defined below) regulated by or within the scope of the SARICA. 69.3 ‘Urgent Matters’ in this context shall mean any matter which is referred to the EC by a member of SAREO or SARPA and which may objectively threaten the financial state and sustainability, operational effectiveness, or competitiveness of a member of SAREO or which may have a severe detrimental effect on a member of SARPA. 69.4 The EC shall determine its own meeting and decision-making procedures and shall make decisions by way of a unanimous vote of the Members of the EC. 69.5 The members of the EC shall appoint a chairperson amongst its members. If the chairperson is absent from a meeting, then a replacement chairperson shall be nominated from the remaining members of the EC present at the meeting. 69.6 Should one of the members of the EC be unable to attend a meeting of the EC, such member may nominate a representative to attend and vote at a meeting of the EC on his/her behalf. 69.7 The EC may invite and co-opt invitees who are able, in the view of the EC, to contribute by way of expertise or experience. 69.8 The members of the EC will commit to: 69.8.1 Attending all EC meetings (whether in person or virtual) or nominate a proxy or representative when unable to attend; 69.8.2 Acting objectively and free of bias or prejudice at all times; 69.8.3 Consider and decide on Urgent Matters as soon as possible, independently and in the interest of XXXXSARU, the members of SARPA and the members of SAREO at all times and with due consideration to all relevant information, representations from affected parties, the objectives of the SARICA and the best interests of South African rugby; 69.8.4 Not alter the terms of the SARICA unless absolutely necessary in the circumstances and considering the factors mentioned in paragraph