Local Advisory Board Sample Clauses

Local Advisory Board. If an impasse is reached during negotiations, the matter may be submitted to an advisory board within ten days after the request of either party. The impasse panel, hereinafter referred to as the “panel,” shall consist of three persons to be selected in the following matter; one person appointed by the District, one person appointed by the Association, and a third person selected by the representatives of the District and the Association. The third person selected shall act as chairperson of the panel and shall be selected from a list of ten individuals agreed upon by the representatives of the parties at the beginning of the negotiations. The list of ten individuals shall be prepared as follows: The Board representatives shall submit ten names of residents of the District to the Association representatives who shall eliminate five names. The Association shall submit ten names of residents of the District to the District who shall eliminate five names. The remaining individuals shall be considered the list of ten from which the chairperson of the panel is selected. If the representatives of the parties cannot agree on a chairperson within six days after their appointments, they shall determine by lot who shall strike first from the list of ten names and thereafter alternately strike names until one name remains on the list and the remaining person shall act as chairperson. The panel shall meet with both parties or their representatives, either jointly or separately, in order to persuade the parties to resolve their differences and effect a mutually acceptable agreement. The panel shall meet with the parties within five days after their appointment. If the panel is unable to affect a settlement within five days thereafter, it shall prepare a written report of the proceedings including the items which have been resolved and the items which remain at impasse which shall be submitted to the parties.
Sample 1Sample 2
AutoNDA by SimpleDocs
Local Advisory Board. For a period of one (1) year following the consummation of the Mergers, Purchaser Bank shall maintain at the current location of the Target Bank a local advisory board, the members of which shall be Xxxxx X. Xxxx, Xxxxxx X. Xxxxxx, D. Xxxxxx Xxxxxxx, Xxxxxxx X. Xxxxxxxx, Xx., Xxxx X. Xxxxxxxx, Xxxxxx X. XxXxxx, Xx., Xxxxx Xxx Xxxxxxx, Xx., Xxxxxxx X. Xxxxxxxxx, J. Xxxxx Xxxx and Xxxxx X. Xxxxx. Each advisory board member shall receive compensation for his or her service in the amount of $300 per month.
Sample 1
Local Advisory Board. The Big Picture Company agrees that its school will have a Local Advisory Board. Big Picture intends that this board will either be an elected or appointed Local Advisory Board, or if necessary, Big Picture will negotiate with San Diego City Schools regarding other forms of alternative advisory bodies.
Sample 1
Local Advisory Board. At the effective time of the merger of National Bank of Commerce into Wachovia Bank, Wachovia will cause Wachovia Bank to create a local advisory board for Orange County, Florida. The local advisory board will continue in accordance with Wachovia Bank's customary practices for its local advisory boards for a minimum period of one year from the date of the merger of National Bank of Commerce into Wachovia Bank (provided, however, that Wachovia shall, for the first year, pay a retainer of $3,000 to each member of the local advisory board). Wachovia Bank will appoint up to 12 of the qualified non-employee directors of National Bank of Commerce to the local advisory board and will consult with National Bank of Commerce to determine the appropriate individuals to appoint to this board.
Sample 1
Local Advisory Board. From the Effective Time until the earlier of time that (i) the Subsidiary Combination is consummated or (ii) Buyer otherwise determines to replace the directors of Republic Security Bank, Buyer shall permit the non-employee directors of Republic Security Bank as of the date of this Agreement to continue as directors thereof. From the earlier of (i) and (ii) in the preceding sentence, Buyer will cause Wachovia Bank, N.A. to create a local advisory board for Palm Beach, Florida and to appoint to the advisory board each such non-employee director who is willing to serve. The local advisory board and each director's appointment will continue in accordance with Wachovia Bank, N.A.'s customary practices for a minimum period of two years from the Effective Time. From the Effective Time, each continuing member of Republic Security Bank's Board of directors or of the advisory board shall receive fees in accordance with Buyer's usually and customary practices, but in no event less than $1,200 annually (with an appropriate reduction in fees for unattended meetings). Service on the Board of Directors of Republic Security Bank and the advisory board shall be treated as service with Buyer for purposes of any Republic Rights outstanding at the Effective Time under Republic's 1991 Director Stock Option Plan, 1993 Director Stock Option Plan, 1997 Performance Incentive Plan, or the plans of any company previously acquired by Republic. Notwithstanding any other provision in this Section 8.19, Buyer shall not be obligated to permit any person to continue as a director of Republic Security Bank or to serve on the advisory board unless such director shall have exercised on or prior to the Effective Time each of the options and warrants that are beneficially owned by him or her and that would be in-the-money at the Effective Time.
Sample 1
Local Advisory Board 
Sample 1

Related to Local Advisory Board

  • Advisory Board (a) The Managing Member may establish an Advisory Board comprised of members of the Managing Members expert network and external advisors. The Advisory Board will be available to provide guidance to the Managing Member on the strategy and progress of the Company. Additionally, the Advisory Board may: (i) be consulted with by the Managing Member in connection with the acquisition and disposal of a Series Asset, (ii) conduct an annual review of the Company’s acquisition policy, (iii) provide guidance with respect to, material conflicts arising or that are reasonably likely to arise with the Managing Member, on the one hand, and the Company, a Series or the Economic Members, on the other hand, or the Company or a Series, on the one hand, and another Series, on the other hand, (iv) approve any material transaction between the Company or a Series and the Managing Member or any of its Affiliates, another Series or an Economic Member (other than the purchase of interests in such Series), (v) provide guidance with respect to fees, expenses, assets, revenues and availability of funds for distribution with respect to each Series on an annual basis and (vi) approve any service providers appointed by the Managing Member in respect of the Series Assets. (b) If the Advisory Board determines that any member of the Advisory Boards interests conflict to a material extent with the interests of a Series or the Company as a whole, such member of the Advisory Board shall be excluded from participating in any discussion of the matters to which that conflict relates and shall not participate in the provision of guidance to the Managing Member in respect of such matters, unless a majority of the other members of the Advisory Board determines otherwise. (c) The members of the Advisory Board shall not be entitled to compensation by the Company or any Series in connection with their role as members of the Advisory Board (including compensation for attendance at meetings of the Advisory Board), provided, however, the Company or any applicable Series shall reimburse a member of the Advisory Board for any out of pocket expenses or Operating Expenses actually incurred by it or any of its Affiliates on behalf of the Company or a Series when acting upon the Managing Members instructions or pursuant to a written agreement between the Company or a Series and such member of the Advisory Board or its Affiliates. (d) The members of the Advisory Board shall not be deemed managers or other persons with duties to the Company or any Series (under Sections 18-1101 or 18-1104 of the Delaware Act or under any other applicable law or in equity) and shall have no fiduciary duty to the Company or any Series. The Managing Member shall be entitled to rely upon, and shall be fully protected in relying upon, reports and information of the Advisory Board to the extent the Managing Member reasonably believes that such matters are within the professional or expert competence of the members of the Advisory Board, and shall be protected under Section 18-406 of the Delaware Act in relying thereon.

  • Special Committee The term “Special Committee” shall have the meaning as provided in Section 13(a).

  • Technical Advisory Committee (TAC The goal of this subtask is to create an advisory committee for this Agreement. The TAC should be composed of diverse professionals. The composition will vary depending on interest, availability, and need. TAC members will serve at the CAM’s discretion. The purpose of the TAC is to: • Provide guidance in project direction. The guidance may include scope and methodologies, timing, and coordination with other projects. The guidance may be based on: o Technical area expertise; o Knowledge of market applications; or o Linkages between the agreement work and other past, present, or future projects (both public and private sectors) that TAC members are aware of in a particular area. • Review products and provide recommendations for needed product adjustments, refinements, or enhancements. • Evaluate the tangible benefits of the project to the state of California, and provide recommendations as needed to enhance the benefits. • Provide recommendations regarding information dissemination, market pathways, or commercialization strategies relevant to the project products. The TAC may be composed of qualified professionals spanning the following types of disciplines: • Researchers knowledgeable about the project subject matter; • Members of trades that will apply the results of the project (e.g., designers, engineers, architects, contractors, and trade representatives); • Public interest market transformation implementers; • Product developers relevant to the project; • U.S. Department of Energy research managers, or experts from other federal or state agencies relevant to the project; • Public interest environmental groups; • Utility representatives; • Air district staff; and • Members of relevant technical society committees. • Prepare a List of Potential TAC Members that includes the names, companies, physical and electronic addresses, and phone numbers of potential members. The list will be discussed at the Kick-off meeting, and a schedule for recruiting members and holding the first TAC meeting will be developed. • Recruit TAC members. Ensure that each individual understands member obligations and the TAC meeting schedule developed in subtask 1.11. • Prepare a List of TAC Members once all TAC members have committed to serving on the TAC. • Submit Documentation of TAC Member Commitment (such as Letters of Acceptance) from each TAC member. • List of Potential TAC Members • List of TAC Members • Documentation of TAC Member Commitment

  • Joint Consultation Committee 8.01 On the request of either party, the parties must meet at least once every four (4) months, for the purpose of discussing issues relating to the workplace that affect the parties or any employee bound by the Agreement. 8.02 The purpose of the consultation committee is to promote the cooperative resolution of workplace issues, to xxxxxx the development of work related skills and to promote workplace productivity, and to identify opportunities for improved patient care. 8.03 Up to two (2) employees who are members of the joint consultation committee shall be granted leave without loss of pay or receive straight-time regular wages while attending meetings of the committee, up to a maximum of two (2) hours’ pay. 8.04 Pay for such meetings will be limited to two (2) hours and employees attending such meetings will not receive overtime wages.

  • Audit Committee (A) The Audit Committee shall be composed of five members who shall be selected by the Board of Directors from its own members, none of whom shall be an officer of the Company, and shall hold office at the pleasure of the Board. (B) The Audit Committee shall have general supervision over the Audit Division in all matters however subject to the approval of the Board of Directors; it shall consider all matters brought to its attention by the officer in charge of the Audit Division, review all reports of examination of the Company made by any governmental agency or such independent auditor employed for that purpose, and make such recommendations to the Board of Directors with respect thereto or with respect to any other matters pertaining to auditing the Company as it shall deem desirable. (C) The Audit Committee shall meet whenever and wherever the majority of its members shall deem it to be proper for the transaction of its business, and a majority of its Committee shall constitute a quorum.

  • JOINT LABOUR MANAGEMENT COMMITTEE A Joint Labour Management Committee shall be established to attend to those matters which are of mutual interest. To ensure its effectiveness the Committee shall be separate and apart from the grievance procedure.

  • Labour Management Committee (a) Where the parties mutually agree that there are matters of mutual concern and interest that would be beneficial if discussed at a Labour Management Committee Meeting during the term of this Agreement, the following shall apply. (b) An equal number of representatives of each party as mutually agreed shall meet at a time and place mutually satisfactory. A request for a meeting hereunder will be made in writing prior to the date proposed and accompanied by an agenda of matters proposed to be discussed, which shall not include matters that are properly the subject of grievance or negotiations for the amendment or renewal of this agreement. Any representative(s) attending such meetings during their regularly scheduled hours of work shall not lose regular earnings as a result of such attendance. (c) It is agreed that the topic of a rehabilitation program for drug and alcohol abuse is an appropriate topic for the Labour-Management Committee. It is also agreed that the topic of the utilization of full-time and part-time staff is an appropriate topic for the Labour-Management Committee. The committee shall have access to work schedules and job postings upon request. (d) It is understood that joint meetings with other Labour-Management Committees in the Hospital may be scheduled concerning issues of mutual interest if satisfactory to all concerned. (e) Where two or more agreements exist between a Hospital and CUPE the Committee may be a joint one representing employees under both agreements, unless otherwise agreed.

  • Technical Committee 1. The Technical Committee shall comprise: (a) nine experts representing different regions of the Agreement Area, in accordance with a balanced geographical distribution; (b) one representative from the International Union for Conservation of Nature and Natural Resources (IUCN), one from the International Waterfowl and Wetlands Research Bureau (IWRB) and one from the International Council for Game and Wildlife Conservation (CIC); and (c) one expert from each of the following fields: rural economics, game management, and environmental law. The procedure for the appointment of the experts, the term of their appointment and the procedure for designation of the Chairman of the Technical Committee shall be determined by the Meeting of the Parties. The Chairman may admit a maximum of four observers from specialized international inter- governmental and non-governmental organizations. 2. Unless the Meeting of the Parties decides otherwise, meetings of the Technical Committee shall be convened by the Agreement secretariat in conjunction with each ordinary session of the Meeting of the Parties and at least once between ordinary sessions of the Meeting of the Parties. 3. The Technical Committee shall: (a) provide scientific and technical advice and information to the Meeting of the Parties and, through the Agreement secretariat, to Parties; (b) make recommendations to the Meeting of the Parties concerning the Action Plan, implementation of the Agreement and further research to be carried out; (c) prepare for each ordinary session of the Meeting of the Parties a report on its activities, which shall be submitted to the Agreement secretariat not less than one hundred and twenty days before the session of the Meeting of the Parties, and copies shall be circulated forthwith by the Agreement secretariat to the Parties; and (d) carry out any other tasks referred to it by the Meeting of the Parties. 4. Where in the opinion of the Technical Committee there has arisen an emergency which requires the adoption of immediate measures to avoid deterioration of the conservation status of one or more migratory waterbird species, the Technical Committee may request the Agreement secretariat to convene urgently a meeting of the Parties concerned. These Parties shall meet as soon as possible thereafter to establish rapidly a mechanism to give protection to the species identified as being subject to particularly adverse threat. Where a recommendation has been adopted at such a meeting, the Parties concerned shall inform each other and the Agreement secretariat of measures they have taken to implement it, or of the reasons why the recommendation could not be implemented. 5. The Technical Committee may establish such working groups as may be necessary to deal with specific tasks.

  • TRANSITION COMMITTEE A transition committee comprised of the employee representatives and the employer representatives, including the Crown, will be established by January 31, 2016 to address all matters that may arise in the creation of the Trust.

  • Board Committees The Director hereby agrees to sit in the relevant committees of the Board and to perform all of the duties, services and responsibilities necessary thereunder.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!