Common use of The Corridor Committee Clause in Contracts

The Corridor Committee. If Member disagrees with a decision of RPMG management, the Corridor Netback Model or the Quarter Model presented by RPMG management, it may within fifteen (15) days after the effective date of the Quarter Model, appeal by written notice the decision to the Corridor Committee who shall approve or modify the decision of RPMG management or approve or modify the Corridor Netback Model or Quarter Model by a majority vote of all the members of the Corridor Committee, which shall be delivered in a written response to Member within fifteen (15) days of the written notice of appeal. The Corridor Committee shall consist of at least one representative from each of the primary corridor markets as determined based on delivery destination in the Corridor Netback Model. The members of the LLC of each of the primary corridor markets as determined based on delivery destination in the Corridor Netback Model shall elect a Corridor Committee member representative annually, provided that if a Corridor Committee member is no longer a member of the primary corridor market in which he or she was elected to represent he or she shall no longer serve as a Corridor Committee member and the representatives of such primary corridor market shall elect a new Corridor Committee member representative. Any modification in the Corridor Netback Model or Quarter Model approved by the Corridor Committee shall be promptly presented to all LLC member participants and non-member participants in the Corridor Netback Model.