Common use of Executive Management Clause in Contracts

Executive Management. A. The Parties hereby establish a Bilateral Oversight Board (the "Board"), which shall be responsible for ensuring the effective functioning of this Agreement and shall meet at regular intervals to evaluate the effectiveness of its implementation. B. The Board shall be composed of representatives of: The United States of America, which shall be the Federal Aviation Administration (co-chair), and The European Community, which shall be the European Commission (co-chair) assisted by the European Aviation Safety Agency and accompanied by the Aviation Authorities. The Board may invite the participation of subject-specific experts on an ad hoc basis. The Board may establish and oversee the work of technical working groups. The Board shall develop and adopt internal governing procedures. All decisions of the Board shall be taken by consensus with each Party having one vote. These decisions shall be in writing and signed by the Parties' representatives on the Board. C. The Board may consider any matter related to the functioning of this Agreement. In particular it shall be responsible for: 1) handling disputes as specified in Article 17; 2) as appropriate, amending the Annexes in accordance with Article 19.B; 3) providing a forum for discussion of issues that may arise and changes that may affect the implementation of this Agreement; 4) providing a forum for discussion of common approaches to safety and environmental issues within the scope of this Agreement and for sharing information on aviation safety concerns on a regular basis, including consultation on proposed new, and changes to existing, safety measures; 5) providing a forum for early-warning discussions of draft regulations and legislation by either Party; 6) exchanging information on planned organizational changes; 7) as appropriate, adopting additional Annexes; 8) Making proposals, as appropriate, to the Parties to otherwise amend this Agreement.

Executive Management. A. The Parties hereby establish a Bilateral Oversight Board (the "‘Board"’), which shall be responsible for ensuring the effective functioning func­ tioning of this Agreement and shall meet at regular intervals to evaluate the effectiveness of its implementation. B. The Board shall be composed of representatives of: The United States of America, which shall be the Federal Aviation Administration (co-chair), and The European Community, which shall be the European Commission (co-chair) assisted by the European Aviation Safety Agency and accompanied accom­ panied by the Aviation Authorities. The Board may invite the participation of subject-specific experts on an ad hoc basis. The Board may establish and oversee the work of technical working groups. The Board shall develop and adopt internal governing procedures. All decisions of the Board shall be taken by consensus with each Party having one vote. These decisions shall be in writing and signed by the Parties' ’ representatives on the Board. C. The Board may consider any matter related to the functioning of this Agreement. In particular it shall be responsible for: 1) handling disputes as specified in Article 17; 2) as appropriate, amending the Annexes in accordance with Article 19.B; 3) providing a forum for discussion of issues that may arise and changes that may affect the implementation of this Agreement; 4) providing a forum for discussion of common approaches to safety and environmental issues within the scope of this Agreement and for sharing information on aviation safety concerns on a regular basis, including consultation on proposed new, and changes to existing, safety measures; 5) providing a forum for early-warning discussions of draft regulations and legislation by either Party; 6) exchanging information on planned organizational organisational changes; 7) as appropriate, adopting additional Annexes; 8) Making proposals, as appropriate, to the Parties to otherwise amend this Agreement.

Executive Management. A. The Parties hereby establish a Bilateral Oversight Board (the "Board"), which shall be responsible for ensuring the effective functioning of this Agreement and shall meet at regular intervals to evaluate the effectiveness of its implementation. B. The Board shall be composed of representatives of: The United States of America, which shall be the Federal Aviation Administration (co-co- chair), and The European Community, which shall be the European Commission (co-chair) assisted by the European Aviation Safety Agency and accompanied by the Aviation Authorities. The Board may invite the participation of subject-specific experts on an ad hoc basis. The Board may establish and oversee the work of technical working groups. The Board shall develop and adopt internal governing procedures. All decisions of the Board shall be taken by consensus with each Party having one vote. These decisions shall be in writing and signed by the Parties' representatives on the Board. C. The Board may consider any matter related to the functioning of this Agreement. In particular it shall be responsible for: 1) handling disputes as specified in Article 17; 2) as appropriate, amending the Annexes in accordance with Article 19.B; 3) providing a forum for discussion of issues that may arise and changes that may affect the implementation of this Agreement; 4) providing a forum for discussion of common approaches to safety and environmental issues within the scope of this Agreement and for sharing information on aviation safety concerns on a regular basis, including consultation on proposed new, and changes to existing, safety measures; 5) providing a forum for early-warning discussions of draft regulations and legislation by either Party; 6) exchanging information on planned organizational changes; 7) as appropriate, adopting additional Annexes; 8) Making proposals, as appropriate, to the Parties to otherwise amend this Agreement.