Governance Board. 1. 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.
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. A Governance Board consisting of staff, parents, and community members will govern the school (RSA Governance Board”). RSA 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:
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:
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:
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:
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 Medicines Patent Pool Foundation Management Executive Director Operations Manager Policy/Communications Advisor General Counsel Business Development Manager Finance / Admin. Manager Administrative Assistant External Expertise Legal, Medical, IP, & Management Consultants Figure 2: Role of Governance Board and 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. Governance Considerations during the Establishment of the Medicines Patent Pool Foundation 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...
Governance Board. 1.1. The membership of the Governance Board will be as follows:
Governance Board. 2.1 The Governance Board shall comprise of:
