Fairness Committee definition

Fairness Committee means the governance committee established by the Transferee Board, which carries out the function of a with- profits committee (as defined in the PPFM of each applicable Transferee with-profits fund) to oversee the fair treatment of policyholders and to advise the Transferee Board on matters that affect policyholders’ and shareholders' interests (or conflicting interests of different groups of policyholders), so as to ensure that each party is treated fairly;
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Fairness Committee means a committee duly established pursuant to the Venture Trust Instrument and the bylaws of each other Guarantor, Restricted Subsidiary and any successor to Venture Holdings Trust without whose approval (and without the approval of a majority of its Independent members) the Trust, a Guarantor or a Restricted Subsidiary shall not be authorized to enter into any transaction or take any action which pursuant to the terms of this Indenture requires approval of the Fairness Committee.
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Fairness Committee has the meaning specified therefor in Section 14.02(b).
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Examples of Fairness Committee in a sentence

  • The Fairness Committee consists of five members, is chaired by the Court’s Presiding Judge and includes the senior judge, the immediate past Presiding Judge and two members of the local bar selected by the Presiding Judge after consultation with the president of the BASF.

  • If the Employee Advocate is summoned, but is not available within three (3) hours, the disciplinary meeting shall proceed and the employee may request the assistance of the Fairness Committee member in his department, or another available employee, to attend the disciplinary meeting.

  • Complaints filed with the Fairness Committee will be reviewed by the Committee according to the policies and procedures specified in subsection D below.

  • Any seniority employee with three (3) or more years of service with the Company may apply for the Employee Advocate position by completing a “Job Posting Response” form and submitting it to the Fairness Committee (“FC”) Facilitator.

  • The Fairness Committee (“FC”) and open door process can be used to resolve concerns and implement suggestions, while adhering to the Employee’s Charter and this Agreement.

  • Given the serious nature of workplace complaints involving issues of harassment, discrimination and workplace violence, both the Company and the Union agree that such concerns are not appropriately resolved through peer review procedures like the Fairness Committee or the Reinstatement Vote Process.

  • Employees seeking to resolve their concern may utilize any of the following resources in the open door process, including: • Supervisor • Fairness Committee member • Department Manager • Human Resources • Assistant General Manager • General Manager • Joint Health & Safety Committee member (for safety related issues) Issues unable to be resolved inside the plant may be referred to the Hotline by the Employee, the EA or the Company.

  • This option shall not give rise to a positive obligation on the part of the Company to provide an additional step in the disciplinary process and the Fairness Committee shall have no authority to modify disciplinary sanctions to require this step.

  • If either party is dissatisfied with the decision of the Fairness Committee, the grievance will proceed to Step Three of the grievance procedure.

  • The Union shall not file a policy grievance on a matter that is properly a matter which has been made the subject of an individual grievance under Articles VIII or X or a reference to the Fairness Committee under Article VII.


More Definitions of Fairness Committee

Fairness Committee has the meaning ascribed thereto in subsection 14.1;
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Fairness Committee has the meaning ascribed thereto at subsection 15.1 of the License Agreement;
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Fairness Committee means a committee (i) appointed by the Special Advisor or Successor Special Advisor Group and (ii) designated in a Loan Facility as the entity whose approval (and the approval of a majority of its Independent member) is required in order for the LLC to be authorized to enter into specified transactions or take specified actions.
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Fairness Committee s determination must be based upon an opinion or appraisal issued by an accounting, appraisal or investment banking firm of national standing if the fair market value exceeds $10.0 million. Not later than the date of making any Restricted Payment, the Trust shall deliver to the Trustee an Officers' Certificate stating that such Restricted Payment is permitted and setting forth the basis upon which the calculations required by this Section 4.07 were computed, together with a copy of any fairness opinion or appraisal required by this Indenture.
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Fairness Committee means Perella Weinberg Partners LP’s Fairness Committee in connection with the CERP Transaction.
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Related to Fairness Committee

  • OH&S Committee is referred to hereafter, read “body nominated to implement policy on site”.

  • Nominations Committee means the committee referred to as such in, and established pursuant to, Article 133;

  • Parent Board Recommendation has the meaning set forth in Section 5.12(a).

  • Nomination Committee means the nomination committee of the Board established in accordance with Article 114;

  • Listing Committee the listing committee of the Stock Exchange;

  • Company Board of Directors means the board of directors of the Company.

  • Independent Board Committee means the independent board committee of the Company

  • Company Board Recommendation has the meaning set forth in Section 3.03(d).

  • Advisory Committee means the Employer's Advisory Committee as from time to time constituted.

  • Special Committee means a committee of the Board of Managers of the Company comprised of two individuals, each of whom qualifies as an Independent Manager.

  • Appeal Committee means the appeal committee established by the Council in terms of section 12(3)(a);

  • Nominating Committee means the nominating committee of the board of directors of the Company established pursuant to the Articles, or any successor committee.

  • Parent Board means the board of directors of Parent.

  • Governance Committee means the Governance Committee of the Board.

  • Sanctions Committee means the Committee of the United Nations Security Council which was established pursuant to paragraph 18 of United Nations Security Council Resolution ("UNSCR") 1737 (2006);

  • Conflicts Committee is defined in the Partnership Agreement.

  • Evaluation Committee means a body appointed to perform the evaluation of Offerors’ proposals.

  • Company Board means the Board of Directors of the Company.

  • Sub-Committee means a committee of a committee created by the board.

  • Board of Directors or Board means the Board of Directors of Prakash Steelage Limited, as constituted from time to time.

  • Ethics Committee means an independent body established in a Member State in accordance with the law of that Member State and empowered to give opinions for the purposes of this Regulation, taking into account the views of laypersons, in particular patients or patients' organisations;

  • Board Committee means those individual members of the Board of Directors who have been appointed by the Board of Directors with the powers and responsibilities specified in Article VIII and to which has been delegated any fiduciary responsibilities of the Board of Directors with respect to the Plan.

  • Disinterested Shareholder Approval means approval by a majority of the votes cast by all the Company’s shareholders at a duly constituted shareholders’ meeting, excluding votes attached to Common Shares beneficially owned by Insiders who are Service Providers or their Associates;

  • Member board means a state agency in a member state that acts in the sovereign interests of the state by protecting the public through licensure, regulation, and education of physicians as directed by the state government.

  • P&T committee means a committee of the hospital composed of physicians, pharmacists, and other health professionals that evaluates the clinical use of drugs within the hospital, develops policies for managing drug use and administration in the hospital, and manages the hospital drug formulary system. “Physician” means a person who is currently licensed in Iowa to practice medicine and surgery, osteopathic medicine and surgery, or osteopathy. A physician who executes a written protocol with an authorized pharmacist shall supervise the pharmacist’s activities involved in the overall management of patients receiving medications or disease management services under the protocol. The physician may

  • Transition Committee shall have the meaning set forth in Section 2.14.