Formation and Operation of the Oversight Committee Sample Clauses

Formation and Operation of the Oversight Committee. The parties shall establish an Oversight Committee which shall be responsible for developing management and administrative policies for the overall operation of each Clinic. The Oversight Committee shall consist of five (5) members. Response shall designate, and shall have the right to remove and replace, in its sole discretion, two (2) members of the Oversight Committee. Oncology shall designate, and shall have the right to remove and replace, in its sole discretion, three (3) members of the Oversight Committee. The Oversight Committee shall have the authority to adopt bylaws (which shall include the fixing of a quorum for the conduct of business by the Oversight Committee), establish regular meeting times and places, call special meetings for any purpose and elect a chairman and a secretary who shall preside over and record, respectively, the proceedings at any meeting of the Oversight Committee. Except as otherwise provided herein, the affirmative vote of a majority of the members of the Oversight Committee shall be required for approval of any action taken thereby.
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