Common use of MANAGEMENT RIGHTS, DUTIES AND POWERS OF THE GOVERNANCE BOARD Clause in Contracts

MANAGEMENT RIGHTS, DUTIES AND POWERS OF THE GOVERNANCE BOARD. Section 6.1 Powers and Authority of Governance Board. Except for the powers and authority exclusively reserved to the Voting Members in Article V and the powers and authority delegated to the Officers in accordance with Article VIII or by resolution of the Governance Board, the Company will be directed solely and exclusively by the Governance Board. For clarity, any powers and authority not expressly reserved to the Voting Members or delegated to the Officers will reside exclusively with the Governance Board.