Common use of Governance Process Clause in Contracts

Governance Process. (a) In order to effectively implement and manage the services relationship to enable the Parties to realize their mutual objectives set out in Section 2.1, the Parties have agreed to institute and maintain a structured governance process, the details of which are set out in Schedule 7.1. (b) On a semi-annual basis during the Term, the Agreement Coordinators will review the overall Governance Process, so as to potentially enhance the effectiveness of the structure and processes in order to enable the Parties to: (i) clearly understand their responsibilities under the Agreement; (ii) work co-operatively together over the Term; and (iii) have a governance structure that is practical, timely and effective. The Agreement Coordinators will submit their written recommendations for improvements, if any, to the Governance Process to the Agreement Executives for approval. Once approved, TELUS will prepare within [***] a Change Order which documents the approved improvements.

Governance Process. (a) In order to effectively implement and manage the services relationship to enable the Parties to realize their mutual objectives set out in Section 2.1, the Parties have agreed to institute and maintain a structured governance process, the details of which are set out in Schedule 7.18.1. (b) On a semi-annual basis during the Term, the Agreement Coordinators will review the overall Governance Process, so as to potentially enhance the effectiveness of the structure and processes in order to enable the Parties to: (i) clearly understand their responsibilities under the Agreement; (ii) work co-operatively together over the Term; and (iii) have a governance structure that is practical, timely and effective. The Agreement Coordinators will submit their written recommendations for improvements, if any, to the Governance Process to the Agreement Executives Executive Committee for approval. Once approved, TELUS will prepare within [***] thirty (30) days a Change Order which documents the approved improvements.