Formation and Operation of the Joint Planning Board Sample Clauses

Formation and Operation of the Joint Planning Board. (a) The parties hereto shall establish the Joint Planning Board which shall be responsible for developing long-term strategic planning objectives and management policies for the overall operation of the Practice and shall facilitate communication and interaction between Administrator and the Practice. The Joint Planning Board shall consist of no less than three (3) or more than six (6) members. Administrator shall designate, in its sole discretion, two (2) members of the Joint Planning Board, who shall serve at the pleasure of Administrator and who may be removed or replaced by Administrator at any time. The Group shall designate, in its sole discretion, no less than one (1) or more than four (4) members of the Joint Planning Board, who shall serve at the pleasure of the Group and who may be removed and replaced by the Group at any time. Each member appointed by Administrator shall be entitled to one (1) vote per member, and each member appointed by the Group shall be entitled to that number of votes equal to the quotient determined by dividing (x) two (2) votes by (y) the number of members designated by the Group to the Joint Planning Board. The act of the members holding a majority of the voting power of the Joint Planning Board shall be the act of the Joint Planning Board.
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Formation and Operation of the Joint Planning Board. (a) The parties hereto shall establish a Joint Planning Board which shall be responsible for developing long-term strategic planning objectives and management policies for the overall operation of the Practice and shall facilitate communication and interaction between Pentegra and the Practice. The Joint Planning Board shall consist of three (3) members. Pentegra shall designate, in its sole discretion, one (1) member of the Joint Planning Board. The Practice shall designate, in its sole discretion, two (2) members of the Joint Planning Board. The act of a majority of the members of the Joint Planning Board shall be the act of the Joint Planning Board.
Sample 1
Formation and Operation of the Joint Planning Board. (a) The parties hereto shall establish a Joint Planning Board which shall be responsible for developing long term strategic planning objectives and management policies for the overall operation of the Clinic and shall facilitate communication and interaction between Administrator and the Clinic. The Joint Planning Board shall consist of two (2) members. ClinicAdministrator shall designate, in its sole discretion, one (1) member of the Joint Planning Board which member shall be an employee of PTI or the Administrator. The Clinic shall designate, in its sole discretion, one (1) member of the Joint Planning Board which member shall be a Clinic Physician of the Clinic. Either party may change its designated Joint Planning Board member at any time, with thirty (30) days advanced written notice to the other party. The act of a majority of the members of the Joint Planning Board shall be the act of the Joint Planning Board.
Sample 1
Formation and Operation of the Joint Planning Board. (a) The parties hereto shall establish the Joint Planning Board which shall be responsible for developing long-term strategic planning objectives and management policies for the overall operation of the Practice and shall facilitate communication and interaction between Administrator and the Practice. The Joint Planning Board shall consist of no less than three (3) or more than six (6) members. Administrator shall designate, in its sole discretion, two (2) members of the Joint Planning Board, who shall serve at the pleasure of Administrator and who may be removed or replaced by Administrator at any time. The Group shall designate, in its sole discretion, no less than one (1) or more than four (4) members of the Joint Planning Board, who shall serve at the pleasure of the Group and who may be removed and replaced by the Group at any time. Each member appointed by Administrator shall be entitled to one (1) vote per member, and each member appointed by the Group shall be entitled to that number of votes equal
Sample 1

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