Structure of the Financial Exigency Commission (FEC Sample Clauses

Structure of the Financial Exigency Commission (FEC. The FEC shall be composed of three individuals who are at arm’s-length from St. Jerome’s University and the Association, plus two senior members of the SJU professoriate. Of the three individuals at arm’s-length, one shall be appointed by the President, one by the Association, and the third appointed jointly by the President and the Association. One of the two senior members of the SJU professoriate shall be appointed by the President, the other by the Association.
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Structure of the Financial Exigency Commission (FEC. (a) The FEC shall be composed of three individuals who are at arm’s-length from the University and the Association, plus two senior members of the UW professoriate. Of the three individuals at arm’s-length, one shall be appointed by the University, one by the Association, and the third appointed jointly by the University and the Association. One of the two senior members of the UW professoriate shall be appointed by the University, the other by the Association. (b) The jointly-appointed arm’s-length member of the FEC shall serve as Chair and normally shall be a person familiar with university finances. Should no agreement be achievable on the appointment of the third member of the FEC, the Chief Justice of Ontario shall be asked to make the appointment. (c) In the event program redundancies are proposed as part of the resolution of the financial exigency, there will be no separate Redundancy Committee (RC) formed under Article 15, as the FEC will undertake the review of the need for lay-off of faculty members generated by such program redundancies. See 15.4, 15.

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