Managing Committee Sample Clauses
The Managing Committee clause establishes a designated group responsible for overseeing and administering certain aspects of an agreement or organization. Typically, this clause outlines the committee's composition, decision-making procedures, and specific powers or duties, such as approving budgets, making operational decisions, or resolving disputes. By clearly defining the authority and structure of the managing committee, this clause ensures effective governance and streamlines decision-making processes within the contractual relationship.
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Managing Committee. (a) MiniMed and LRX shall establish a Managing Committee hereunder, which shall consist of two (2) representatives from each of MiniMed and LRX. The initial designees are set forth in Schedule A hereto. MiniMed and LRX may each from time to time replace its respective representatives on the Managing Committee, in its sole and absolute discretion, by notice to the other Party.
(b) It is among the objectives of the Parties to design, develop and implement the Target Therapy in a reasonably practicable fashion, subject, however, to the respective corporate regulatory, financial and other obligations and considerations of each of the Parties from time to time determined. To achieve this objective, the Managing Committee shall be responsible for establishing an implementation strategy to carry out the intent of this Agreement, and ultimately to commercialize the Target Therapy.
(c) The Managing Committee shall meet at such times and places as it shall determine appropriate to carry out its responsibilities hereunder. Such meetings may be in person or by means of telephonic communication. Either Party may designate an alternate member of the Managing Committee to act on behalf of a member on a temporary or interim basis, in the reasonable discretion of such Party. Either Party, through its Managing Committee members, may call a meeting of the Managing Committee by giving written notice thereof to the members of the other Party.
(d) The Managing Committee shall establish guidelines to govern the strategic activities, co-development and related activities of the Parties; the Managing Committee shall also establish such guidelines with respect to operational matters at such time as the Target Therapy is commercialized or in a pre-commercial phase, as contemplated by this Agreement. All such guidelines shall be subject to the qualification of Section 3(g) hereof. The Managing Committee shall be responsible for taking such other actions as may be provided for or contemplated by this Agreement, subject at all times to the requirements of Section 3(g), including the establishment and implementation of the "Governing Rules."
(e) The Parties shall each name one (1) of its Managing Committee members as its Alliance Coordinator, who shall be the primary contact for purposes of this Agreement, except to the extent the parties may otherwise agree. Either Party may change its designation of Alliance Coordinator, in its sole and absolute discretion, upon written notice to the ...
Managing Committee. 10.1 The Parties shall establish a Managing Committee hereunder, which shall consist of two (2) representatives from each of COOL TECHNOLOGIES and KEYOPTIONS. COOL TECHNOLOGIES and KEYOPTIONS may each from time-to-time replace its respective representatives on the Managing Committee, in its sole and absolute discretion, by notice to the other Party. The goal of the Managing Committee is to provide focus and direction in order to leverage both company’s capabilities.
10.2 The Managing Committee shall meet at such times and places as it shall determine appropriate to carry out its responsibilities hereunder. Such meetings may be in person or by means of telephonic communication. Either Party through its Managing members, may call a meeting of the Managing Committee by giving written notice thereof to the members of the other Party.
10.3 If a disagreement arises between the Parties as to any matters within the scope of this Agreement, either Party may request a meeting of the Managing Committee, which will, in good faith, diligently seek to resolve the dispute. If the Managing Committee is unable to resolve the dispute, notwithstanding the exercise of good faith efforts, within thirty (30) days, then, unless otherwise agreed by the Parties, either Party may initiate formal filing of legal action against the other. Notwithstanding the foregoing, either Party may initiate proceedings to seek injunctive relief before the time period otherwise required hereunder shall elapse, if such Party in good faith believes that it will suffer irreparable harm without the initiation of such proceedings.
Managing Committee. The Members agree that the management of the Company shall be vested in the Members, but that the Members shall appoint a Managing Committee annually for purposes of running the operations of the Company. The Managing Committee shall be the governing body for the Company, as provided herein. The number of members of the Managing Committee shall be set at five (5) members, with ARA entitled to appoint three (3) members and Partner being entitled to appoint two (2) members. Subject to the provisions hereof, each Member shall have the right to appoint and remove its representatives to the Managing Committee at any time subject solely to its discretion. Any member of the Managing Committee not designated in accordance with the foregoing procedure shall be chosen and removed by the Members pursuant to Section 5.10 hereof.
Managing Committee. To facilitate communication between the PARTIES during the performance of this AGREEMENT, the PARTIES shall appoint a MANAGING COMMITTEE consisting of two (2) representatives from each of NEKTAR AL and COMPANY. The initial representatives are set forth on Schedule IX hereto. Each PARTY may replace its representatives on the MANAGING COMMITTEE by prior written notice to the other PARTY. The MANAGING COMMITTEE shall have the responsibilities set forth in Section 3.7 and such other responsibilities as the PARTIES may agree from time to time, provided that the MANAGING COMMITTEE shall have no right or power to amend the terms of this AGREEMENT or waive rights or obligations of the PARTIES hereunder. The MANAGING COMMITTEE shall meet at such times and places, in person or by telephone conferencing or other electronic communication, as it shall determine to carry out its responsibilities; provided, that a meeting of the MANAGING COMMITTEE shall take place no later than thirty (30) days after the EFFECTIVE DATE. The MANAGING COMMITTEE shall operate by consensus with representatives of NEKTAR AL having one (1) collective vote and representatives of COMPANY having one (1) collective vote. If a dispute arises regarding matters within the scope of responsibilities of the MANAGING COMMITTEE, and the MANAGING COMMITTEE fails to reach a consensus on its resolution within thirty (30) days of when the dispute was presented to the MANAGING COMMITTEE, then the dispute shall be referred to the senior management representatives of each PARTY.
Managing Committee. All the business of this trust shall be managed and transacted, and all powers and duties of trustee shall be directed and controlled, by a managing committee, to be composed of persons who are required to be beneficiaries of this trust. All of the powers and duties of the managing committee may be exercised by a majority of the committee, with the same effect as if all had joined in. The members of the managing committee may make such rules and regulations they may deem necessary or proper respecting the time, place, and conduct of their meetings. For the time being and until their successors are elected or appointed, _________, _________, and _________ are appointed members of this committee. Any member of the managing committee now acting, or elected or appointed in the future, may resign at any time by giving ▇▇▇▇' written notice of his or her intention to do so to the remaining members of the committee and to trustee. In case of a vacancy in the managing committee, resulting from death, resignation, disqualification, or other cause, the remaining members of the committee shall have full power to appoint a successor, provided that in all cases of appointment of new members of the committee, written notice is given to the trustee of the appointment. It is the intent here that there shall be at all times not less than two members of the committee, and that trustee shall have full knowledge at all times of the personnel of the managing committee. No appointment made under the provisions of this section shall become effective and binding until the same has been ratified and confirmed by an instrument in writing delivered to trustee, signed by holders owning in the aggregate not less than [two-thirds] of the shares. Until notified in writing of the death or resignation under the provisions here of a member for the time being of the managing committee, trustee is authorized to consider that person as still a member of the managing committee and may act accordingly under any or all of the provisions of this agreement.
Managing Committee. An elected Managing Committee steers ClimateWise’s overarching strategy and takes decisions on behalf of the broader membership base. It is comprised of ClimateWise members and meets quarterly. All ClimateWise members are welcome to attend these meetings in person or via teleconference as guests. Members of the committee hold their post for a period of three years. A Managing Committee Chair is elected by the Managing Committee. This position is usually nominated by the ClimateWise Chair, in order to represent them on the Managing Committee. ClimateWise is convened and facilitated by the University of Cambridge Institute for Sustainability Leadership (CISL) that develops and administers the group’s activities based on the guidance and suggestions of the members. Whilst CISL is happy to provide a Secretariat service to the group, its provision of this service does not constitute an endorsement of group members’ wider activities. Nor does it constitute an endorsement of group members as leaders, other than in the specific context of the group’s activities.
Managing Committee. An elected Managing Committee steers ClimateWise’s overarching strategy and takes decisions on behalf of the broader membership base. It is comprised of ClimateWise members and meets quarterly. All ClimateWise members are welcome to attend these meetings in person or via teleconference as guests. Members of the committee hold their post for a period of three years. A Managing Committee Chair is elected by the Managing Committee. This position is usually nominated by the ClimateWise Chair, in order to represent them on the Managing Committee. ClimateWise is convened and facilitated by the University of Cambridge Institute for Sustainability Leadership (CISL) that develops and administers the group’s activities based on the guidance and suggestions of the members. Whilst CISL is happy to provide a Secretariat service to the group, its provision of this service does not constitute an endorsement of group members’ wider activities. Nor does it constitute an endorsement of group members as leaders, other than in the specific context of the group’s activities. A Senior Sponsor must be nominated to represent ClimateWise at senior levels within the organisation. Sponsors typically include CEO, Executive Committee Members, Chairman or other Board level representation. Senior Sponsors are expected to formally sign group statements and undertake occasional media work to promote ClimateWise’s objectives. The expected time commitment is small but crucial to the effectiveness of ClimateWise. They are ultimately responsible for ensuring The ClimateWise Principles annual review is submitted on time.
Managing Committee. The day-to-day management of the trust will be vested in a Managing Committee, with Secretary, ▇▇▇▇ as Chairman, Chief Executive Officer of the Foundation as Secretary and five other persons to be nominated by the Government of India. The Managing Committee will appoint, as per the regulations of the Trust, necessary secretarial and professional staff to assist the Chief Executive Officer.
Managing Committee. 4.1 Cool Tech and the Consortium shall establish a Managing Committee hereunder, which shall consist of two (2) representatives from each of Cool Tech and the Consortium. Cool Tech and the Consortium may each from time-to-time replace its respective representatives on the Managing Committee, in its sole and absolute discretion, by notice to the other Party. The goal of the Managing Committee is to provide focus and direction in order to leverage both company’s capabilities and technologies.
4.2 It is among the objectives of the Parties to work together towards development and commercialization of Products by taking advantage of the respective technologies and other resources and assets of Cool Tech and the Consortium, on the terms and subject to the conditions of this Agreement, and to design, develop and implement the Products in a reasonably practicable fashion, subject however, to the respective corporate regulatory, financial and other obligations and considerations of each of the Parties as determined by on-going or regular review.
4.3 The Managing Committee shall meet at such times and places as it shall determine appropriate to carry out its responsibilities hereunder. Such meetings may be in person or by means of telephonic or Internet-based communication. Either Party through its Managing members, may call a meeting of the Managing Committee by giving written notice thereof to the members of the other Party.
4.4 The Managing Committee shall establish guidelines to govern the strategic activities, co- development and related activities of the Parties; the Managing Committee shall also establish such guidelines with respect to operational matters at such time as a Product is commercialized or in a pre-commercialized phase, as contemplated by this Agreement.
4.5 If a disagreement arises between the Parties as to any matters within the scope of this Agreement, either Party may request a meeting of the Managing Committee, which will, in good faith, diligently seek to resolve the dispute. If the Managing Committee is unable to resolve the dispute, notwithstanding the exercise of good faith efforts, within thirty (30) days, then, unless otherwise agreed by the Parties, either Party may initiate formal filing of legal action against the other. Notwithstanding the foregoing, either Party may initiate proceedings to seek injunctive relief before the time period otherwise required hereunder shall elapse, if such Party in good faith believes that it will suff...
Managing Committee. KEY PRESCRIBER MARKETING PLAN