Common use of Joint Planning Board Clause in Contracts

Joint Planning Board. (a) The parties hereto shall establish a Joint Planning Board which shall be responsible for developing long-term strategic planning objectives and management policies for the overall operation of the Group Practice and shall facilitate communication and interaction between Administrator and the Group Practice. The Joint Planning Board shall consist of six (6) members. Administrator shall designate, in its sole discretion, three (3) members of the Joint Planning Board. The Group Practice shall designate, in its sole discretion, three (3) members of the Joint Planning Board. Actions of the Joint Planning Board must be approved by 2/3rds of Administrator-designated members AND 2/3rds of Group Practice-designated members. (b) The Joint Planning Board shall, in addition to the responsibilities set forth elsewhere in this Agreement, have the authority to (i) develop and assist the Group Practice in implementing both long-term strategic objectives and short-term operating plans, (ii) prepare proposals and make recommendations to the Board of Directors of AMP regarding significant capital expenditures, contractual arrangements, capital improvement and expansion projects on behalf of the Group Practice, (iii) with assistance of Administrator, prepare the annual capital and operating budgets of the Group Practice, (iv) consider and make recommendations regarding grievances pertaining to matters not specifically addressed in this Agreement if such matters are referred to it by the Group Practice or Administrator, (v) make recommendations to the Group Practice regarding the performance, number and type of physicians required for the efficient operation of the Group Practice, and (vi) make decisions and recommendations regarding the Group Practice Plan. Subject to Sections 3.4 and 4.1, decisions regarding the hiring or firing of physicians shall be made solely by the Group Practice.