Common use of Management Adviser Clause in Contracts

Management Adviser. ST18.1 If the Commonwealth issues a notice under clause 2.2, the Commonwealth may at its own discretion and at its own cost, appoint an adviser to perform functions as determined by the Commonwealth (Management Adviser), which may include: (a) advising the Grantee on: (i) the Grantee’s operations and corporate governance arrangements; (ii) the management of the Activity; (iii) the management of the Grantee’s personnel; (b) with the Grantee’s consent, assisting the Grantee with any of the matters specified in the Grant Details; (c) cooperating with any Xxxxx Administrator appointed in respect of the Grantee under this Agreement; and (d) providing any other advice to the Grantee that the Commonwealth requires. ST18.2 The Commonwealth will give the Grantee notice of the appointment of a Management Adviser that specifies: (a) the proposed period of the appointment; (b) the roles and responsibilities of the Management Adviser; and (c) if the Commonwealth considers it practicable and appropriate, a summary of reasons why the Commonwealth intends to make the appointment. ST18.3 Without limiting the Commonwealth’s discretion to appoint a Management Adviser and where practicable, the Grantee shall have 14 days after the Grantee receives the Commonwealth’s notice of intention given pursuant to ST18.2 to provide the Commonwealth with reasons why a Management Adviser should not be appointed. ST18.4 Upon appointment of a Management Adviser, the Commonwealth shall inform the Grantee of the scope of the appointment and its duration and of any extensions to the period of appointment. ST18.5 The Grantee agrees to cooperate with a Management Adviser and comply with any directions and recommendations given by the Management Adviser in relation to the performance of this Agreement. ST18.6 A Management Adviser who provides a report to the Commonwealth in relation to the Grantee: (a) does so independently of the Grantee; and (b) does not reduce the Grantee’s obligations to provide Reports to the Commonwealth under this Agreement. ST18.7 A Management Adviser is not an employee, officer, director, agent or contractor of the Grantee, nor an agent of the Commonwealth and is not appointed to act, and does not act, in any such capacity. A Management Adviser is not appointed to act, and does not act, as a member or shadow member of the Grantee’s governing board. A Management Adviser cannot enter into agreements for or on behalf of the Grantee or otherwise incur debts or other obligations on the Grantee’s behalf.

Management Adviser. ST18.1 If the Commonwealth issues a notice under clause 2.2, the Commonwealth may at its own discretion and at its own cost, appoint an adviser to perform functions as determined by the Commonwealth (Management Adviser), which may include: (a) advising the Grantee on: (i) the Grantee’s operations and corporate governance arrangements; (ii) the management of the Activity; (iii) the management of the Grantee’s personnel; (b) with the Grantee’s consent, assisting the Grantee with any of the matters specified in the Grant Details; (c) cooperating with any Xxxxx Grant Administrator appointed in respect of the Grantee under this Agreement; and (d) providing any other advice to the Grantee that the Commonwealth requires. ST18.2 The Commonwealth will give the Grantee notice of the appointment of a Management Adviser that specifies: (a) the proposed period of the appointment; (b) the roles and responsibilities of the Management Adviser; and (c) if the Commonwealth considers it practicable and appropriate, a summary of reasons why the Commonwealth intends to make the appointment. ST18.3 Without limiting the Commonwealth’s discretion to appoint a Management Adviser and where practicable, the Grantee shall have 14 days after the Grantee receives the Commonwealth’s notice of intention given pursuant to ST18.2 to provide the Commonwealth with reasons why a Management Adviser should not be appointed. ST18.4 Upon appointment of a Management Adviser, the Commonwealth shall inform the Grantee of the scope of the appointment and its duration and of any extensions to the period of appointment. ST18.5 The Grantee agrees to cooperate with a Management Adviser and comply with any directions and recommendations given by the Management Adviser in relation to the performance of this Agreement. ST18.6 A Management Adviser who provides a report to the Commonwealth in relation to the Grantee: (a) does so independently of the Grantee; and (b) does not reduce the Grantee’s obligations to provide Reports to the Commonwealth under this Agreement. ST18.7 A Management Adviser is not an employee, officer, director, agent or contractor of the Grantee, nor an agent of the Commonwealth and is not appointed to act, and does not act, in any such capacity. A Management Adviser is not appointed to act, and does not act, as a member or shadow member of the Grantee’s governing board. A Management Adviser cannot enter into agreements for or on behalf of the Grantee or otherwise incur debts or other obligations on the Grantee’s behalf.