Common use of Formation and Operation of the Policy Board Clause in Contracts

Formation and Operation of the Policy Board. The parties shall establish a Policy Board which shall be responsible for developing management and administrative policies for the overall operation of any Practice Office. The Policy Board shall consist of six (6) members. Company shall designate, in its sole discretion, three (3) members of the Policy Board. VERO II shall designate, in VERO II's sole discretion, three (3) members of the Policy Board. Any matter decided by a majority of the members of the Policy Board shall constitute the decision of the Policy Board with respect to the matter.

Appears in 2 contracts

Samples: Service Agreement (Specialty Care Network Inc), Service Agreement (Specialty Care Network Inc)

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Formation and Operation of the Policy Board. The parties shall establish a Policy Board which shall be responsible for developing management and administrative policies for the overall operation of any Practice Office. The Policy Board shall consist of six (6) members. Company shall designate, in its sole discretion, three (3) members of the Policy Board. VERO Princeton II shall designate, in VERO Princeton II's sole discretion, three (3) members of the Policy Board. Any matter decided by a majority of the members of the Policy Board shall constitute the decision of the Policy Board with respect to the matter.

Appears in 2 contracts

Samples: Service Agreement (Specialty Care Network Inc), Service Agreement (Specialty Care Network Inc)

Formation and Operation of the Policy Board. The parties shall establish a Policy Board which shall be responsible for developing management and administrative policies for the overall operation of any Practice Office. The Policy Board shall consist of six (6) members. Company shall designate, in its sole discretion, three (3) members of the Policy Board. VERO II ROAII shall designate, in VERO IIROAII's sole discretion, three (3) members of the Policy Board. Any matter decided by a majority of the members of the Policy Board shall constitute the decision of the Policy Board with respect to the matter.

Appears in 2 contracts

Samples: Service Agreement (Specialty Care Network Inc), Service Agreement (Specialty Care Network Inc)

Formation and Operation of the Policy Board. The parties shall establish a Policy Board which shall be responsible for developing management and administrative policies for the overall operation of any Practice Office. The Policy Board shall consist of six (6) members. Company shall designate, in its sole discretion, three (3) members of the Policy Board. VERO II TOC shall designate, in VERO IITOC's sole discretion, three (3) members of the Policy Board. Any matter decided by a majority of the members of the Policy Board shall constitute the decision of the Policy Board with respect to the matter. Governance issues affecting the Policy Board shall be addressed in accordance with the rules set forth in Exhibit 4.1.

Appears in 2 contracts

Samples: Service Agreement (Specialty Care Network Inc), Service Agreement (Specialty Care Network Inc)

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Formation and Operation of the Policy Board. The parties shall establish a Policy Board which shall be responsible for developing management and for administrative policies for the overall operation of any Practice OfficePractice. The Policy Board shall consist of six five (65) members. Company Manager shall designate, in its sole discretion, three one (31) member of the Policy Board and Practice shall designate, in its sole discretion, four (4) members of the Policy Board. VERO II shall designateExcept as may otherwise be provided, in VERO II's sole discretion, three (3) members the act of the Policy Board. Any matter decided by a majority of the members of the Policy Board shall constitute be the decision act of the Policy Board with respect to the matterBoard.

Appears in 1 contract

Samples: Service Agreement (Medcath Inc)

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