Common use of Governance Positions Clause in Contracts

Governance Positions. The Parties will establish two separate governance structures for the Service Modules for BTC Funds and Institutional Accounts, respectively, each in accordance with the Governance Procedures. State Street and the BTC Recipients will consult with one another with respect to the appointment of persons to the positions contemplated by the Governance Procedures. Each of State Street and the BTC Recipients, in its sole discretion, will make the final determination with respect to persons appointed on its behalf. Master Services Agreement 12 BTC | State Street CONFIDENTIAL

Appears in 8 contracts

Samples: Master Services Agreement (iShares U.S. ETF Trust), Master Services Agreement (iShares S&P GSCI Commodity-Indexed Investing Pool LLC), Master Services Agreement (iShares U.S. ETF Trust)

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Governance Positions. The Parties will establish two separate governance structures for the Service Modules for BTC Funds and Institutional Accounts, respectively, each in accordance with the Governance Procedures. State Street and the BTC Recipients will consult with one another with respect to the appointment of persons to the positions contemplated by the Governance Procedures. Each of State Street and the BTC Recipients, in its sole discretion, will make the final determination with respect to persons appointed on its behalf. Master Services Agreement 12 BTC | State Street CONFIDENTIAL.

Appears in 2 contracts

Samples: Master Services Agreement (iShares Dow Jones-Ubs Roll Select Commodity Index Trust), Master Services Agreement (iShares MSCI Russia Capped Index Fund, Inc.)

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