Common use of Function of the Operating Committee Clause in Contracts

Function of the Operating Committee. The Operating Committee shall be responsible for oversight of operational matters with respect to the Alliance and shall develop an Alliance Handbook (“Handbook”) containing governing practices, procedures, policies, methodologies and other governing document for the Alliance and shall submit the same to the Executive Committee for approval. These practices shall be consistent with applicable NERC Reliability Standards where applicable. The Operating Committee shall also be responsible for ensuring the performance of all tasks and functions associated with compliance with the NERC Reliability Standards requirements. In order to fulfill the assigned responsibilities, the Operating Committee chairman shall have the authority to establish such subcommittees, working groups and task forces as he or she deems necessary. The Executive Committee may delegate authority to the Operating Committee to amend certain portions of the Handbook; decisions on such amendments shall be by the same voting requirements of the Executive Committee. All other decisions of the Operating Committee shall be by a majority vote of those members present. In the event of a tie-vote during Operating Committee meetings and a necessity to proceed with a timely decision due to safety, operational, compliance or economic considerations, the chairman of the Operating Committee shall communicate to the Executive Committee the details around any vote that requires a tie-breaking vote. Subsequently, the Executive Committee shall convene and cast the tie-breaking vote.