Strategic Board. 7.1 The Parties shall endeavour to establish a joint board (Strategic Board) by no later than 31 October 2016. 7.2 The Strategic Board shall be the primary formal mechanism for the collaboration between the Parties in relation to rail matters in the WMR Area and in so doing shall: (a) aim to further the Objectives and the Purpose; (b) oversee the creation and operation of the WMSBU and the WCSBU; and (c) be responsible for the matters set out in schedule 2. 7.3 The Strategic Board shall comprise two (2) senior representatives from each of the Parties and may include an independent chairperson appointed by the Strategic Board in accordance with clause 7.4. Upon establishment of the Strategic Board, both the Secretary of State and WMR shall appoint such representatives as board members of the Strategic Board. Either Party shall be entitled to replace its own board members on giving the other Party notice of the replacement board member, provided that any replacement shall be at least a deputy director or equivalent within the relevant organisation.
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Samples: Collaboration Agreement, Collaboration Agreement, Collaboration Agreement