Common use of Stage 2: Policy Committee Clause in Contracts

Stage 2: Policy Committee. Following the completion of Stage 1, the Chair of the Coordinating Committee or any Party may refer the dispute to the Policy Committee. The Chair of the Coordinating Committee shall chair all meetings of the Policy Committee. The Policy Committee shall have thirty- (30) days, following the referral, to convene and consider the dispute. The Chair of the Coordinating Committee shall provide advance written notice of all meetings. The notice shall contain an agenda of all matters to be addressed and voted on during the meeting. Each Party shall designate a policy representative who shall be available to participate on the Policy Committee. Any Party that fails to name a Policy Committee representative or to have its Policy Committee representative participate in the Policy Committee shall waive that Party's right to object to the resolution of the dispute by the Policy Committee. The Policy Committee shall act by unanimous vote of those members present in person or by phone for the vote and shall develop its own rules of process, provided, that the Policy Committee shall ensure that all Parties are sent notice of all Policy Committee meetings. Abstention does not prevent a unanimous vote. If a Party or its designated alternate cannot be present for an agenda item to be voted upon it must notify the Chair of the Coordinating Committee who may delay a vote on the agenda item for up to five-

Stage 2: Policy Committee. Following the completion of Stage 1, the Chair chair of the Coordinating Committee or any Party may refer the dispute to the Policy Committee. The Chair chair of the Coordinating Committee shall chair all meetings of the Policy Committee. The chair of the Policy Committee shall provide advanced written notice of all meetings. The Policy Committee shall have thirty- (30) days30 Days, following the referral, to convene and consider the dispute. The Chair of the Coordinating Committee shall provide advance written notice of all meetings. The notice shall contain an agenda of all matters to be addressed and voted on during the meeting. Each Party shall designate a policy representative who shall be available to participate on the Policy Committee. Any Party that fails to name a Policy Committee representative or to have its Policy Committee representative participate in the Policy Committee shall waive that Party's ’s right to object to the resolution of the dispute by the Policy Committee. The Agreements reached in the Policy Committee shall act by be based upon unanimous vote agreement of those members Parties present in person or by phone for the vote and shall develop its own rules of process, provided, that the Policy Committee shall ensure that all Parties are sent notice of all Policy Committee meetings. Abstention from votes does not prevent a unanimous vote. If a Party or its designated alternate representative cannot be present for an agenda item to be voted upon it must notify the Chair chair of the Coordinating Committee who may delay a vote on the agenda item for up to five-five business days on specified issues to be addressed in a meeting or conference call scheduled with all interested parties. A Party may invoke this right only once per delayed agenda item.

Stage 2: Policy Committee. Following the completion of Stage 1, the Chair of the Coordinating Committee or any Party may refer the dispute to the Policy Committee. The Chair of the Coordinating Committee shall chair all meetings of the Policy Committee. The Policy Committee shall have thirty- (30) days, following the referral, to convene and consider the dispute. The Chair of the Coordinating Committee shall provide advance written notice of all meetings. The notice shall contain an agenda of all matters to be addressed and voted on during the meeting. Each Party shall designate a policy representative who shall be available to participate on the Policy Committee. Any Party that fails to name a Policy Committee representative or to have its Policy Committee representative participate in the Policy Committee shall waive that Party's right to object to the resolution of the dispute by the Policy Committee. The Policy Committee shall act by unanimous vote of those members present in person or by phone for the vote and shall develop its own rules of process, provided, that the Policy Committee shall ensure that all Parties are sent notice of all Policy Committee meetings. Abstention does not prevent a unanimous vote. If a Party or its designated alternate cannot be present for an agenda item to be voted upon it must notify the Chair of the Coordinating Committee who may shall delay a vote on the agenda item for up to five-five- (5) business days on specified issues to be addressed in a meeting or conference call scheduled with all interested parties. A Party may invoke this right only once per delayed item.