Exploration Manager Sample Clauses

Exploration Manager. 6.1 XRI will engage EPL as the exploration manager of the Property (the “Exploration Manager”) during the Option Period, to manage the Property and conduct exploration and development work on behalf of the Operator, including without limitation, permitting, Indigenous consultation, reclamation and all other aspects of property administration. For such purposes, EPL may engage TerraLogic Exploration Inc., or any other contractor accepted by XRI, at fair market rates, as the primary contractor in respect of such operations. As the Exploration Manager, EPL will comply with the obligations set out in Sections 5.2 and 5.3 as if it were the Operator. EPL will ensure that all work conducted and Exploration Expenditures incurred with respect to the Property are in accordance with the work program, timing and budget as approved by the Technical Committee. 6.2 As the Exploration Manager, EPL will be entitled to receive a field exploration supervision fee of 5% of all Exploration Expenditures for which EPL has served as Exploration Manager. 6.3 XRI will either pay directly the Exploration Expenditures, or reimburse EPL for the cost of Exploration Expenditures that are in accordance with the work programs approved by the Technical Committee. All Exploration Expenditures incurred directly by XRI, or incurred by EPL and reimbursed by XRI will count towards the Exploration Expenditures required for the exercise of the Option. If the amount of Exploration Expenditures exceed 10% or more of the budgeted amount in the work program approved by the Technical Committee, EPL will obtain the prior consent of XRI before incurring such Exploration Expenditures. 6.4 In the event that EPL does not carry out all or any part of the work on the Property requested by XRI or otherwise does not fulfill its responsibilities under Section 6.1, XRI may, in its sole discretion, engage another third party to carry out the work on the Property and/or fulfill such responsibilities, or XRI may do so itself, and EPL will not serve as the Exploration Manager for any such work and/or responsibilities.
Sample 1
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Exploration Manager. (1) The Exploration Manager shall, without detracting from the generality thereof, have the following duties and responsibilities: (a) Be responsible for the day to day management and control of the exploration program. (b) Conduct the exploration program in a good, safe and workmanlike manner. (c) Ensure the exploration program is conducted in terms of the requirements and provisions of: (i) The approved exploration program and budget; (ii) The instructions of the Management Committee; (iii) The instructions of the Exploration Committee; (iv) The terms and conditions of the prospecting permit; and (v) Applicable laws and the EMPR. (d) Manage the exploration program tender process (e) Direct and monitor the activities of the external consultants / contractors employed to perform the exploration activities. (f) Prepare the annual exploration program and budget and present it to the Exploration Committee for approval. (g) The Exploration Manager shall present a summary of the exploration activities to the Exploration Committee at every Exploration Committee meeting.
Sample 1

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