Governance Board. The Governance Board shall be comprised of one representative appointed by Australia and two representatives appointed by Timor-Leste. The representatives on the Governance Board shall not have any direct financial or other commercial interest in the operation of the Greater Sunrise Special Regime that would create any reasonable perception of, or actual, conflict of interest, and they shall disclose details of any material personal interest in connection with their position on the Governance Board. The Governance Board shall have the following powers and functions: providing strategic oversight over the Greater Sunrise Special Regime; establishing and overseeing an assurance and audit framework for revenue verification and offshore petroleum regulation and administration. This shall include: issuing an annual 'Statement of Expectation' to frame the operation and management of the Greater Sunrise Special Regime to guide the work of the Designated Authority; reporting requirements of the Designated Authority in accordance with Article 6(3)(b) of this Annex; and engaging an independent qualified firm to conduct an annual audit in accordance with international auditing standards so as to provide a high level of assurance over the completeness and accuracy of revenues payable from Petroleum Activities in the Special Regime Area including monthly reporting, incorporating an explanation for variances between forecast and actual revenue; making decisions on Strategic Issues referred to it under Article 6(4) of this Annex, in accordance with paragraphs 5 and 6 of this Article; approving amendments to the Interim Petroleum Mining Code and any regulations thereunder; approving the final Petroleum Mining Code and any regulations thereunder, and any amendments thereto; other than as necessary for Strategic Issues, meet three times a year with the Designated Authority and receive reports under Article 6(3)(b) of this Annex; and conferring any additional powers and functions on the Designated Authority. Subject to paragraph 4 of this Article, the following is an exhaustive list of Strategic Issues: assessment and approval of a Development Plan pursuant to Article 9(2) of this Annex and any material change to a Development Plan as defined in that Development Plan, pursuant to Article 9(4) of this Annex; approval of the decision by the Designated Authority to enter into or terminate the Greater Sunrise Production Sharing Contract, or propose any material changes to that C...
Governance Board. The Parties shall form a governance board to facilitate communications between them (the "Governance Board"). The Governance Board shall be composed of senior management of both Empire and IBM, and such other persons as may be mutually agreed by the Parties. The Governance Board shall provide general oversight and guidance to the Parties, including serving as the arbiter with respect to issues arising during and from meetings, committees, and work groups formed by the Parties (e.g., change request, reliability).
Governance Board. A Governance Board consisting of staff, parents, and community members will govern the school (the “Appleton eSchool Governance Board”). The Appleton eSchool Governance Board will determine and oversee the mission and strategic plan, coordinate public relations strategies, establish policies as well as, oversee and approve the budget of the school subject to the terms of this Agreement and specific authorization by AASD. No individual member of a Charter School Governance Board has the right or authorization to individually exercise the rights listed below. The Governance Board has the rights, subject to the terms and limitations of this Charter Agreement, necessary pursuant to state law to carry out the terms of this Charter Agreement, including:
1) to determine and oversee the mission and strategic plan;
2) to set the educational philosophy of Appleton eSchool;
3) to establish and oversee curriculum;
4) to establish and oversee school guidelines and policies not to exceed its authority granted herein;
5) to oversee and approve the school budget not to exceed its authority granted herein;
6) to coordinate public relations strategies;
7) to make recommendations related to employment decisions within the current supervision and evaluation process for AASD employees;
8) to ensure compliance with this Agreement not to exceed its authority granted herein;
9) to appoint the requisite number of Appleton eSchool Governance Board members to its committees, in accordance with Appleton eSchool bylaws;
10) to receive and disburse funds, subject to Section 13 of this Agreement;
11) to secure appropriate insurance, which it has done pursuant to Section 18 of this Agreement;
12) to enter contracts for technical or financial assistance, academic support, curriculum review or other services, which it has done and is subject to Section 13 of this Agreement;
13) to incur debt in reasonable anticipation of funds, subject to Section 13 of this Agreement;
14) to pledge, assign or encumber its assets to be used for loans, subject to Sections 13, 18 and 19 of this Agreement;
15) to solicit and accept gifts or grants for school purposes, subject to Sections 13 and 18 of this Agreement;
16) to acquire real property for its use, subject to Sections 13, 18 and 19 of this Agreement; and
17) to sue and be sued in its own name, subject to limitations under this Agreement and state law.
18) such other matters as the Appleton eSchool may deem necessary or appropriate with regard to the o...
Governance Board. Good governance is critical to the credibility and efficacy of the Patent Pool. The Medicines Patent Pool Foundation will be governed and guided by three bodies, each playing a unique but complementary role in the overall stewardship and operation of the organization: ! Governance Board ! Medicines Patent Pool Foundation Management ! Expert Advisory Group (no decision making authority) Governance Board Expert Advisory Group The Governance Board will be comprised of a small number of individuals (3-7) who are trusted by the various stakeholders, and who will ensure that the Governance Board can effectively support the Management team in a timely and effective manner. Given the strategic support the organization requires and the need to respond quickly to the changing demands of licensors and licensees, the Governance Board’s decision making authority will be reserved for setting the overall strategic direction, managing service scope and risks, budget setting, and organizational performance monitoring rather than getting involved in the day-to-day operational decisions. The Governance Board will provide strategic guidance by providing insight, advice, and support on key decisions, and overseeing, guiding and judging performance. A Founding Board of 3 individuals has been established in order to create the Medicines Patent Pool Foundation. This will enable the MPPF to attain independent legal status in a timely manner and thus begin formal negotiations on terms and conditions with licensors/licensees. This Founding Board will play a critical role in stewarding the MPPF through its establishment, and guiding initial negotiations with patent holders and potential licensees. The Founding Board will also play a role in selecting members for the full Governance Board. In addition to the Governance Board, an Expert Advisory Group will be established with a broad range of relevant expertise and representation across key stakeholder groups. Areas of expertise include public health, law, economics, management, and pharmaceutical sciences. Although this body will not have official decision- making authority, their input will be critical to the effective decision making of the Governance Board and Management Team. The Chair of the Advisory Group will have observer status at the Governance Board meetings.
Governance Board. A Governance Board consisting of staff, parents, and community members will govern the school (the “FRA Governance Board”). The FRA Governance Board will determine and oversee the mission and strategic plan, coordinate public relations strategies, establish policies as well as, oversee and approve the budget of the school. Lead Teacher. FRA will be a teacher led school. The lead teacher will coordinate and oversee the daily operation of the school and will work closely with the FRA Governance Board to ensure that the educational goals of the school are met. Communications from AASD needed for procedural purposes will go to the FRA Lead Teacher as well as the FRA Principal. The FRA Lead Teacher will meet regularly (minimum once per month) with the assigned principal to provide consistent and collaborative communication. Principal. A principal will be assigned to FRA by AASD. AASD will appoint the principal in collaboration with the FRA Governance Board. The FRA principal will demonstrate an interest and a commitment to the students as well as the mission and vision of the school. The FRA principal will be appropriately licensed. Governance Board Constitution. Other than issues specifically addressed in this agreement regarding the FRA Governance Board, the size, method of appointment and constitution of the FRA Governance Board will be as stipulated in the FRA Governance Board’s by-laws. Total membership of the FRA Governance Board shall be comprised of less than 50% AASD employees. FRA School administrators and AASD Board of Education members will not serve on the FRA Governance Board.
Governance Board. A Governance Board consisting of staff, parents, and community members will govern the school (the “Tesla Governance Board”). The Tesla Governance Board will determine and oversee the mission and strategic plan, coordinate public relations strategies, establish policies as well as, oversee and approve the budget of the school subject to the terms of this Agreement and specific authorization by AASD. No individual member of a Charter School Governance Board has the right or authorization to individually exercise the rights listed below. The Governance Board has the rights, subject to the terms and limitations of this Charter Agreement, necessary pursuant to state law to carry out the terms of this Charter Agreement including:
1) to receive and disburse funds, subject to Section 13 of this Agreement;
2) to secure appropriate insurance, which it has done pursuant to Section 18 of this Agreement;
3) to enter contracts for technical or financial assistance, academic support, curriculum review or other services, which it has done and is subject to Section 13 of this Agreement;
4) to incur debt in reasonable anticipation of funds, subject to Section 13 of this Agreement;
5) to pledge, assign or encumber its assets to be used for loans, subject to Sections 13, 18 and 19 of this Agreement;
6) to solicit and accept gifts or grants for school purposes, subject to Sections 13 and 18 of this Agreement;
7) to acquire real property for its use, subject to Sections 13, 18 and 19 of this Agreement; and
8) to xxx and be sued in its own name, subject to limitations under this Agreement and state law.
Governance Board. 4.1 The parties shall form a Governance Board known as the Neighbourhood Policing Governance Board consisting of the following members: • The Corporate Director of Community and Culture, Nottingham City Council • The Leader of the Council • The Divisional Commander of the Police City Division • The Chief Executive of Nottingham City Homes • The Chief Executive of the Crime and Drugs Partnership • The Senior Divisional Officer of the City Division of Nottinghamshire Fire and Rescue Service
4.2 The Governance Board shall be chaired by the Corporate Director.
4.3 The Governance Board shall meet every quarter and shall be responsible for the strategic management of the broader Neighbourhood Policing agenda.
4.4 The Community Safety Executive Co-ordinator within Community and Culture at Nottingham City Council shall service the Governance Board by providing administrative support.
4.5 The parties recognise these governance arrangements are under review and any variation to them shall be agreed by the Divisional Commander and the Corporate Director.
4.6 If the Governance Board dissolves, the strategic management and planning of Neighbourhood Policing shall be reconsidered in terms of appropriate future governance by the Divisional Commander and Corporate Director.
Governance Board. A Governance Board consisting of staff, parents, and community members will govern the school (the “Xxxxxxx Xxxxxx Elementary Charter School Governance Board”). The Xxxxxxx Xxxxxx Elementary Charter School Governance Board will determine and oversee the mission and strategic plan, coordinate public relations strategies, establish policies as well as, oversee and approve the budget of the school subject to the terms of this Agreement and specific authorization by XXXX. No individual member of a Charter School Governance Board has the right or authorization to individually exercise the rights listed below. The Governance Board has the rights, subject to the terms and limitations of this Charter Agreement, necessary pursuant to state law to carry out the terms of this Charter Agreement including:
1) to receive and disburse funds, subject to Section 13 of this Agreement;
2) to secure appropriate insurance, which it has done pursuant to Section 18 of this Agreement;
3) to enter contracts for technical or financial assistance, academic support, curriculum review or other services, which it has done and is subject to Section 13 of this Agreement;
4) to incur debt in reasonable anticipation of funds, subject to Section 13 of this Agreement;
5) to pledge, assign or encumber its assets to be used for loans, subject to Sections 13, 18 and 19 of this Agreement;
6) to solicit and accept gifts or grants for school purposes, subject to Sections 13 and 18 of this Agreement;
7) to acquire real property for its use, subject to Sections 13, 18 and 19 of this Agreement; and
8) to sue and be sued in its own name, subject to limitations under this Agreement and state law.
Governance Board. The membership of the Governance Board will be as follows:
Governance Board. 3.1 In order to coordinate the operation of Dedicated Assets for the purposes contemplated herein, the Parties shall form a governance committee (the “Governance Board”). The Seller and the Buyer shall each have the right to nominate two representatives to the Governance Board (which representatives may be modified or changed from time to time by the Seller and the Buyer, respectively, upon written notice to the other Party within ten (10) days of such modification or change).
3.2 The Parties acknowledge and agree that the purpose of the Governance Board is to facilitate discussion of joint initiatives that benefit the Parties and review the implementation of the transactions contemplated by this Agreement in accordance with the terms and conditions set forth herein and to use reasonable best efforts to resolve issues in an effort to ensure the smooth and efficient operation of this Agreement, including:
3.2.1 the allocation of each Party’s rights and obligations with respect to the upkeep and maintenance of the Dedicated Assets;
3.2.2 proposed changes in plant operations that directly or indirectly impact the Buyer’s operations (including any corresponding changes in conversion costs incurred and/or allocated to either Party hereunder);
3.2.3 proposed changes to the Product Specifications for each Product, including any such changes which impact plant operations and related costs;
3.2.4 plant productivity improvement initiatives;
3.2.5 actual and forecasted conversion costs;
3.2.6 coordination and communication around the introduction of new products and new processes;
3.2.7 compliance with laws and matters of product stewardship pertaining to Dedicated Assets; and
3.2.8 any other matters mutually agreed to by the Parties.
3.3 The Governance Board shall first meet within two (2) months after the Effective Date and shall thereafter meet at a frequency mutually agreed upon by the Parties.
3.4 All decisions of the Governance Board shall be made by unanimous vote, with the Buyer and the Seller each having, collectively, among its respective members, one (1) vote in all such decisions.
3.5 If the Governance Board cannot reach consensus with regard to any matter to be decided by the Governance Board within ten (10) Business Days after such matter has been brought to the Governance Board’s attention, then such matter shall be referred to one appropriate executive from each Party designated in writing to the other Party (it being understood that each such executi...
