Common use of Consortium Administration Clause in Contracts

Consortium Administration. 2.1 The V4I Consortium is operated as a program administered by NCDMM with the support of NCDMM staff and its established procedures and capabilities. 2.2 V4I shall be headed by a Director and shall manage strategic operations under guidance from the V4I executive committee, made up of representatives elected by the V4I governance board. 2.3 Each V4I Platinum Member (as described in Exhibit 1), while a Member-in-Good-Standing (as defined in Section 3.3 below), may appoint an individual to serve as its representative on the governance board. Gold Members will appoint an individual to serve by proxy vote as determined by membership (as described in Exhibit 1). Governance Board terms are annual based on a Member organization’s membership Anniversary Date as defined in Exhibit 1, item 3, and are limited to the period during which the Member’s organization remains a Member-in- Good-Standing of the Consortium 2.3.1 The Governance board shall provide input and recommendations from the Consortium membership to the Executive committee. 2.4 The Executive committee shall consist of at least five (5) positions elected from the Governance board, and shall be representative of the organizational segmentation of the Membership as a whole. Executive committee terms shall be for one (1) year, with a maximum of three (3) consecutive terms per individual. Government members may have no more than five (5) consecutive terms. 2.5 NCDMM senior program managers shall be responsible for each of V4I’s specific program focus areas and shall use an NCDMM managed competitive process to solicit and select projects for funding, based on selection criteria consistent with the purpose and requirements of the funding stakeholder and the manufacturing community.