Common use of Size and Composition Clause in Contracts

Size and Composition. Fortive shall appoint three (3) members of its management staff, and Vontier shall appoint three (3) members of its management staff to serve on a steering committee (the “Steering Committee”). Either Party may change its Steering Committee members from time to time upon written notice to the other Party; provided, however, that Fortive Transition Manager and Vontier Transition Manager shall at all times remain as members of the Steering Committee. In addition, the Parties may mutually agree to increase or decrease the size, purpose or composition of the Steering Committee in an effort for the Providers to better provide, and for the Recipients to better utilize, the Services and access to the Facilities.

Appears in 3 contracts

Samples: Transition Services Agreement (Vontier Corp), Transition Services Agreement (Vontier Corp), Transition Services Agreement (Vontier Corp)

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Size and Composition. Fortive Xxxxxxx shall appoint three (3) members of its management staff, and Vontier Fortive shall appoint three (3) members of its management staff to serve on a steering committee (the “Steering Committee”). Either Party may change its Steering Committee members from time to time upon written notice to the other Party; provided, however, that Fortive Xxxxxxx Transition Manager and Vontier Fortive Transition Manager shall at all times remain as members of the Steering Committee. In addition, the Parties may mutually agree to increase or decrease the size, purpose or composition of the Steering Committee in an effort for the Providers to better provide, and for the Recipients to better utilize, the Services and access to the Facilities.

Appears in 1 contract

Samples: Transition Services Agreement (Fortive Corp)

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