Functions of the Operating Committee Sample Clauses

Functions of the Operating Committee. The Operating Committee shall be responsible for the overall strategic direction of the Program. Additionally, the Operating Committee shall: (a) Designate representatives from each party to jointly construct the Marketing Plan for each Program Year, which representatives shall include the Bank Relationship Manager and Retailer Relationship Manager. (b) Review and approve the Marketing Plan within thirty (30) days following the Effective Date for the first Program Half-Year and thirty (30) days before the beginning of each Program Half-Year for all subsequent Program Half-Years; (c) Review and approve amendments to the Marketing Plan made during the course of any Program Half-Year; (d) Review the marketing activities and marketing performance of the Program; (e) Subject to Section 7.3, approve changes to the Cardholder Terms as initially set forth in Schedule 7.3 hereto; (f) Approve all material modifications to the terms and conditions with respect to the Cardholder Rewards Program set forth on Schedule 6.5; (g) Review major trends and projections related to the Program in areas such as Credit Card Applications volume, approval rates, activation rates and credit penetration; (h) Monitor the terms, conditions and performance of competing co-branded and private label card programs; (i) Review the performance of the Service Level Standards set forth in Section 7.16 herein; (j) Monitor compliance of the Program with Applicable Law; (k) Resolve disputes that may arise between the parties; (l) Approve the use of any third-party (e.g., subcontractors or outsourced service providers), other than any affiliate of the parties, to perform any of the obligations of the parties under the Program after the Effective Date, unless such third party is used by Bank to perform Bank’s obligation in connection with the Majority of Comparable Programs. (m) Evaluate and approve changes to any of the following: (i) offering of new Credit Cards, form factors or approved ancillary products; (ii) material changes to the Operating Procedures; (iii) changes to the privacy provisions set forth in Section 15.6 herein and to the Privacy Policy set forth in Schedule 7.2(b) hereto; and changes or additions to the Service Level Standards applicable to the Program; (n) If Retailer so requests, review issues raised by Retailer (but excluding the chargeback of individual transactions) with respect to the process through which chargebacks are decisioned by Bank; (o) Determine whether (i) Bank ...
Sample 1Sample 2Sample 3See All (9)
AutoNDA by SimpleDocs
Functions of the Operating Committee. The Operating Committee shall control and manage the Operating Company and supervise the daily operating and managerial work of the Operating Company in relation to its ICP Service, including but not limited to: (a) to be entitled to approve and examine such information and materials as the investment plan, financial budget and final accounts of budget, profits distribution plan or losses recovery plan, the articles of association of the company, the financial statements, resolutions and minutes of the shareholders’ meeting and board meeting, operation agreement and obtain the copies of the aforementioned information or materials so as to ensure the contents contained in such information and materials (such as the amount of the operating costs) shall not exceed the budgets and final accounts of budgets confirmed or approved in writing by the WFOE in advance; (b) to supervise the provision, initiation and development of the ICP Service; (c) to determine the expenses payable to the Operating Company with respect to the provision of the ICP Service; (d) as per the instructions of the management of the WFOE, to examine and report the amount of the Service fees payable hereunder to the WFOE; (e) to conduct supervision and management over the employment of competent employees for development and operation of the ICP Service; (f) to supervise and implement this Contract; (g) to provide suggestions to the management of the WFOE and the Operating Company with respect to the major and strategic business and operating issues of the ICP Service; (h) to draft the marketing strategies of the ICP Service so as to supplement the marketing strategies of the information technology and related Service provided by the WFOE; (i) to supervise the financial settlement with respect to the amounts hereunder between the Operating Company and the WFOE; (j) to supervise the training of the personnel of the Operating Company in the aspect of the ICP Service; (k) to check the profit distribution under Article 2.4 and report it to the management of the WFOE for decision; and (l) other issues decided by the WFOE with respect to the matters of the Operating Company.
Sample 1
Functions of the Operating Committee. The functions of the Operating Committee shall be as follows:
Sample 1
Functions of the Operating Committee. Unless a proposed change to any component of the Program is required by Applicable Law (in which case Bank or Bon-Ton shall be allowed to execute such change unilaterally upon notice to the other party), the Operating Committee shall be responsible for managing the business and affairs of the Program, including, without limitation, the following: (1) Be responsible for the overall Program management and formation of the annual operating plan including review of the Cardholder rewards program; (2) Develop and approve the initial marketing plan and subsequent marketing plans including the use of Incentive Participation Payments; (3) Review the marketing/CRM activities and marketing performance for the Program; (4) Approve Program documentation, changes to Cardholder Agreement terms and conditions, solicitation materials and the actual card (plastics) design; (5) Approve all value enhancing Program modifications including new product introduction and in-market testing in order to ascertain market appeal and acceptance; (6) Monitor and discuss the Operating Instructions and operating performance of the Program; and (7) Discuss and review such other tasks as are assigned to it by this Agreement or jointly by the parties.
Sample 1
Functions of the Operating Committee. The functions of the Operating Committee shall be those set forth in Schedule 3.2(d).
Sample 1
Functions of the Operating Committee. The Operating Committee shall be accountable to and shall report to the Board and the Shareholders but otherwise shall carry out its functions in such manner as it thinks fit and may appoint sub-committees to carry out any of its functions on its behalf as it considers appropriate.
Sample 1
Functions of the Operating Committee. The Operating Committee shall perform all such functions as assigned and authorized by the Governing Board (see Article IX). Their functions shall include, but not be limited to: A. Prepare and submit to the Governing Board and the Member Districts a preliminary annual budget at least thirty (30) days prior to the annual budget hearing. B. Develop and submit to the Governing Board policies and regulations for the operation of SPEED. C. Enter into agreements with any agency or contractor when such agreement is deemed beneficial to the children served by SPEED. This shall be done in accordance with applicable law. D. Subject to ratification by the Governing Board, the Operating Committee may approve any and all expenditures. In the absence of a timely meeting of the Operating Committee, recurring bills may be paid by the administration subject to subsequent ratification of the Operating Committee.
Sample 1
AutoNDA by SimpleDocs
Functions of the Operating Committee. The Operating Committee shall: (i) oversee Program marketing activities, including review and approval of the Marketing Plan; 001549-0001-13793-Active.14250169.10 (ii) review collection strategies and collection metrics; (iii) monitor activities of competitive programs and identify implications of market trends; (iv) approve the use of any third Person, other than any Affiliate of the Bank, to perform any of the obligations to be performed by the Bank under the Program that will involve direct contact between such Person and any Cardholder, customer or employee of the Company or any of the Company's Affiliates or that is material to the operation of the Program; (v) approve the use of any offshore location (whether owned and operated by the Bank and its Affiliates or any third Person) for the performance of any the Bank's Program servicing functions; (vi) evaluate and review changes to the Risk Management Policies (which shall be submitted to the Operating Committee no later than thirty (30) days prior to the date of such proposed change together with the expected pro forma effects of such changes on key performance indicators such as open-to-buy, approval rates, authorization rates, Net Credit Sales, and voluntary and involuntary Account attrition (to the extent known and based upon historical analysis and forecasts)). (vii) evaluate and approve any of the following: (A) (i) changes to the Operating Procedures set forth in Schedule 4.1(a) and (ii) any changes to the Bank's standard operating procedures that either (A) are not similarly applicable to all other Credit Card programs and portfolios of the Bank and its Affiliates or (B) would create significant impact to the Company Channels or create significant expense to the Company; (B) offering of new Credit Cards or Approved Ancillary Products, or other payment products, as part of the Program; (C) changes to the Transition Plan; and (D) changes to the SLAs applicable to the Program; (viii) evaluate all changes in Account terms and approve any material changes in Account terms, it being understood and agreed that any changes to any of the terms set forth on Schedule 4.7, and any imposition of any additional fee or cost on Cardholders in respect of the Accounts not set forth in such Schedule shall be deemed material and shall require such approval; (ix) approve the design of Credit Card Documentation and any changes thereto; (x) review customer service, collections and other servicing performance and repo...
Sample 1

Related to Functions of the Operating Committee

  • Operating Committee the Consortium’s managing body, composed of representatives of the Manager and the Contractors, pursuant to Annex XI.

  • Training Committee The parties to this Agreement may form a Training Committee. The Training Committee will be constituted by equal numbers of Employer nominees and ETU employee representatives and have a charter which clearly states its role and responsibilities. It shall monitor the clauses of this Agreement which relate to training and ensure all employees have equal access to training.

  • The Joint Committee (a) shall be composed of representatives of the Governments of the Parties; and (b) may establish and delegate its responsibilities to Sub-Committees.

  • Management Committee 6.1 There shall be constituted a committee to be called the Management Committee with functions as stated herein below. 6.2 Government shall nominate two (2) members representing Government in the Management Committee, whereas each Company constituting the Contractor shall nominate one (1) member each to represent Company in the Management Committee provided that in case the Contractor constitutes only one Company, that Company shall have two (2) members. The Parties shall nominate the members to the Management Committee within thirty (30) days of the Effective Date. 6.3 Each Party may nominate alternate members with full authority to act in the absence and on behalf of the members nominated under Article 6.2 and may, at any time, nominate another member or alternate member to replace any member nominated earlier by notice to other members of the Management Committee. 6.4 One representative of the Government shall be designated as the Chairman of the Management Committee and the second representative of the Government shall be designated as the Deputy Chairman. The member of the Operator, or the member designated by the Operator where Operator has two (2) members in the Management Committee shall be designated as the Secretary of the Committee. 6.5 Operator on behalf of the Contractor with the approval of Operating Committee, if constituted under the Article 7.4, or in case of a single Party constituting the Contractor, then that Party shall submit following matters to the Management Committee for review and it shall have advisory functions: (a) the annual Work Programmes and Budgets in respect of Exploration Operations and any revisions or modifications thereto; (b) annual work progress and costs incurred thereon; (c) proposals for surrender or relinquishment of any part of the Contract Area by the Contractor; (d) proposals for an Appraisal Programme or revisions or additions thereto and the declaration of a Discovery as a Commercial Discovery; (e) any other matter required by the terms of this Contract to be submitted to it for review or advice; and (f) any other matter which the Contractor decides to submit for review or advice including matters concerning inter-Party relationships. 6.6 The following matters shall be submitted by Operator on behalf of the Contractor with the approval of Operating Committee, if constituted under the Article 7.4, or in case of single Party constituting the Contractor, then by that Party to the Management Committee for approval: (a) Annual Work Programmes and Budgets in respect of Development Operations and Production Operations and any modifications or revisions thereto; (b) proposals for the approval of development plans as may be required under this Contract, or modifications or revisions to a Development Plan; (c) determination of a Development Area; (d) appointment of auditors along with scope of audit, approval and adoption of audited report submitted under Article 25.4.3; (e) collaboration with licensees or contractors of other areas; (f) claims or settlement of claims for or on behalf of or against the Contractor in excess of limits fixed by the Management Committee from time to time; (g) proposal about abandonment plan/Site Restoration as required to be submitted under Article 14.10; (h) any other matter required by the terms of this Contract to be submitted for the approval of the Management Committee; (i) any other matter which the Contractor decides to submit to it; and (j) any matter, which Government refers to the Management Committee for its consideration and reasoned opinion. 6.7 Unless agreed otherwise by all the members of the Management Committee, the Management Committee shall meet at least once every six (6) months during the Exploration Period and thereafter at least once every three (3) months or more frequently at the request of any member. The Secretary, with the approval of the Chairman, shall convene each meeting by notifying the members twenty eight (28) days prior to such a meeting (or a shorter period of notice if the members unanimously so agree) of the time and place of such meeting and the purpose thereof and shall include in such notice a provisional agenda for such meeting. The Chairman shall be responsible for processing the final agenda for such meeting and the agenda shall include all items of business requested by the members to be included, provided such requests are received by the Secretary at least ten (10) days prior to the date fixed for the meeting. The Secretary shall forward the agenda to the members at least seven (7) Business Days prior to the date fixed for the meeting. Matters not included in the agenda may be taken up at the meeting by any member with the unanimous consent of all the members whether present or not present at the meeting. 6.8 The Chairman or the Deputy Chairman, as may be the case, shall preside over the meetings of the Management Committee and, in their absence, any other member representing Government and present shall preside over the meetings. 6.9 Secretary to the Management Committee shall be responsible, inter alia, for preparation of the minutes of every meeting in the English language and provision to every member of the Management Committee with two (2) copies of the minutes approved by the Chairman within three (3) Business Days of the meeting. Unless agreed otherwise by all the members of the Management Committee, the minutes of a meeting shall be finalised by the Management Committee within three (3)

  • Nominating Committee Subject to the provisions of Article X, the Nominating Committee shall consist of such number of Directors (none of whom shall be an employee of the Corporation) as may be determined from time to time by the Board. Subject to the provisions of Article X, the Committee shall review the qualifications of potential candidates for the Equity Directors and shall propose nominees for the Equity Directors who are nominated by the Board. Subject to the provisions of Article X, in making their nominations, the Nominating Committee and the Board of Directors shall take into consideration that (i) the Board of Directors shall have meaningful representation of a diversity of interests, including floor brokers, floor traders, futures commission merchants, producers, consumers, processors, distributors and merchandisers of commodities traded on Chicago Mercantile Exchange Inc. (the “Exchange”) or Board of Trade of the City of Chicago, Inc. (the “CBOT”), participants in a variety of pits or principal groups of commodities traded on the Exchange or the CBOT and other market users or participants; (ii) at least 10% of the members of Board of Directors shall be composed of persons representing farmers, producers, merchants or exporters of principal commodities traded on the Exchange or the CBOT; and (iii) at least 20% of the members of the Board of Directors shall be composed of persons who do not possess trading privileges on either the Exchange or the CBOT, are not salaried employees of the Corporation and are not officers, principals or employees who are involved in operating the futures exchange related business of a firm entitled to members’ rates on either the Exchange or the CBOT. Notwithstanding the foregoing, the Nominating Committee shall include the Chief Executive Officer of the Corporation as a nominee for an Equity Director at any annual meeting of shareholders at which his or her term is scheduled to expire; provided, that if such term expiration occurs during the Transition Period, the Chief Executive Officer shall be nominated as a CME Director. Subject to the provisions of Article X, a majority of the Nominating Committee shall constitute a quorum necessary to transact business.

  • Labour Management Committee (a) Where the parties mutually agree that there are matters of mutual concern and interest that would be beneficial if discussed at a Labour Management Committee Meeting during the term of this Agreement, the following shall apply. (b) An equal number of representatives of each party as mutually agreed shall meet at a time and place mutually satisfactory. A request for a meeting hereunder will be made in writing prior to the date proposed and accompanied by an agenda of matters proposed to be discussed, which shall not include matters that are properly the subject of grievance or negotiations for the amendment or renewal of this agreement. Any representative(s) attending such meetings during their regularly scheduled hours of work shall not lose regular earnings as a result of such attendance. (c) It is agreed that the topic of a rehabilitation program for drug and alcohol abuse is an appropriate topic for the Labour-Management Committee. It is also agreed that the topic of the utilization of full-time and part-time staff is an appropriate topic for the Labour-Management Committee. The committee shall have access to work schedules and job postings upon request. (d) It is understood that joint meetings with other Labour-Management Committees in the Hospital may be scheduled concerning issues of mutual interest if satisfactory to all concerned. (e) Where two or more agreements exist between a Hospital and CUPE the Committee may be a joint one representing employees under both agreements, unless otherwise agreed.

  • Executive Committee (A) The Executive Committee shall be composed of not more than nine members who shall be selected by the Board of Directors from its own members and who shall hold office during the pleasure of the Board. (B) The Executive Committee shall have all the powers of the Board of Directors when it is not in session to transact all business for and in behalf of the Company that may be brought before it. (C) The Executive Committee shall meet at the principal office of the Company or elsewhere in its discretion at such times to be determined by a majority of its members, or at the call of the Chairman of the Executive Committee or at the call of the Chairman of the Board of Directors. The majority of its members shall be necessary to constitute a quorum for the transaction of business. Special meetings of the Executive Committee may be held at any time when a quorum is present. (D) Minutes of each meeting of the Executive Committee shall be kept and submitted to the Board of Directors at its next meeting. (E) The Executive Committee shall advise and superintend all investments that may be made of the funds of the Company, and shall direct the disposal of the same, in accordance with such rules and regulations as the Board of Directors from time to time make. (F) In the event of a state of disaster of sufficient severity to prevent the conduct and management of the affairs and business of the Company by its directors and officers as contemplated by these By-Laws any two available members of the Executive Committee as constituted immediately prior to such disaster shall constitute a quorum of that Committee for the full conduct and management of the affairs and business of the Company in accordance with the provisions of Article III of these By-Laws; and if less than three members of the Trust Committee is constituted immediately prior to such disaster shall be available for the transaction of its business, such Executive Committee shall also be empowered to exercise all of the powers reserved to the Trust Committee under Article III Section 2 hereof. In the event of the unavailability, at such time, of a minimum of two members of such Executive Committee, any three available directors shall constitute the Executive Committee for the full conduct and management of the affairs and business of the Company in accordance with the foregoing provisions of this Section. This By-Law shall be subject to implementation by Resolutions of the Board of Directors presently existing or hereafter passed from time to time for that purpose, and any provisions of these By-Laws (other than this Section) and any resolutions which are contrary to the provisions of this Section or to the provisions of any such implementary Resolutions shall be suspended during such a disaster period until it shall be determined by any interim Executive Committee acting under this section that it shall be to the advantage of the Company to resume the conduct and management of its affairs and business under all of the other provisions of these By-Laws.

  • Advisory Committee The Settling State shall designate an Opioid Settlement Remediation Advisory Committee (the “Advisory Committee”) to provide input and recommendations regarding remediation spending from that Settling State’s Abatement Accounts Fund. A Settling State may elect to use an existing advisory committee or similar entity (created outside of a State-Subdivision Agreement or Allocation Statute); provided, however, the Advisory Committee or similar entity shall meet the following requirements: (i) Written guidelines that establish the formation and composition of the Advisory Committee, terms of service for members, contingency for removal or resignation of members, a schedule of meetings, and any other administrative details; (ii) Composition that includes at least an equal number of local representatives as state representatives; (iii) A process for receiving input from Subdivisions and other communities regarding how the opioid crisis is affecting their communities, their abatement needs, and proposals for abatement strategies and responses; and (iv) A process by which Advisory Committee recommendations for expenditures for Opioid Remediation will be made to and considered by the appropriate state agencies.

  • Audit Committee (A) The Audit Committee shall be composed of five members who shall be selected by the Board of Directors from its own members, none of whom shall be an officer of the Company, and shall hold office at the pleasure of the Board. (B) The Audit Committee shall have general supervision over the Audit Division in all matters however subject to the approval of the Board of Directors; it shall consider all matters brought to its attention by the officer in charge of the Audit Division, review all reports of examination of the Company made by any governmental agency or such independent auditor employed for that purpose, and make such recommendations to the Board of Directors with respect thereto or with respect to any other matters pertaining to auditing the Company as it shall deem desirable. (C) The Audit Committee shall meet whenever and wherever the majority of its members shall deem it to be proper for the transaction of its business, and a majority of its Committee shall constitute a quorum.

  • Committee Operation a. The Building committees shall be chaired jointly by a committee member from the Association and a committee member from Administration. b. Members of the Building committees will receive training on the writing of student learning objectives (SLOs), value-added (including, but not limited to, ODE SGM trainings, teacher of record, shared attribution and teacher-student data linkage) prior to beginning their work, and any other training that may become necessary for the committee. (For example: when the District approves a new vendor assessment, all committee members and the bargaining unit will be trained on the new system and SGM application). c. The Building committees shall establish by mutual agreement a meeting calendar, tasks for the committee to complete, and timelines for the completion of specific tasks. i. One task of the committees shall be to determine those conditions that likely would impact SGMs, other than those attributed to teacher performance responsibility, such as a threshold number of authorized teacher absences, the acceptance and mentoring of student teachers, changes in teacher assignments, implementation of the new standards and/or curriculum, etc. ii. The committees shall perform its responsibilities over the term of this Agreement and shall make recommendations to inform future contract negotiations. d. Committees agendas will be developed jointly by the co-chairs of the committee. e. At the initial meeting, the committees shall develop the ground rules by which the committee shall operate, review them at each meeting, and update them thereafter as needed. f. All decisions of the committees shall be evidence-based and achieved by consensus. g. Members of the committees shall receive release time or compensation for work outside the contractual work day for committee work and training. h. The committees shall be authorized to utilize consultant(s) (examples are, but not limited to, educational consultants, software consultants, SGM trainers, etc.) as deemed appropriate. The cost, if any, shall be borne by the Board.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!