Internal Governance Clause Samples
The Internal Governance clause establishes the rules and procedures by which an organization manages its internal affairs and decision-making processes. It typically outlines the roles and responsibilities of key officers or committees, the process for holding meetings, and the methods for making and recording decisions. By clearly defining these internal structures, the clause ensures organizational consistency, accountability, and compliance with legal or regulatory requirements, thereby reducing the risk of internal disputes and promoting effective management.
Internal Governance. The Committee shall determine its own internal structure, including arrangements for subcommittees and chairpersonship of the Committee and any designated subcommittees. Both labor and management shall be represented by co-chairs and within the membership of all subcommittees.
Internal Governance. Each PGRE shall implement and maintain internal governance practices and procedures with the aim of ensuring compliance with the Editors' Code and the Regulations. Each PGRE shall ensure that such practices and procedures comply with any requirements specified by the Regulator from time to time.
Internal Governance. The Parties acknowledge that the committee and decision-making structure set forth herein is without prejudice to, and does not supplant, the Parties’ internal decision-making structures.
Internal Governance. Recommendations of a University/College/School Senate or of any governing body which are implemented by the Administration and Trustees may not violate the terms of this Agreement or the State Contract.
Internal Governance. 5.1 Composition of the Board of Directors
(a) The Board of Directors shall consist of three (3) directors, of which two (2) directors shall be appointed by JYD, and one (1) director shall be appointed by the Existing Shareholder. The term of office for the chairman of the Board of Directors shall be three (3) years. Each director may serve consecutive terms if reappointed.
(b) A party may, at any time, remove and replace any director appointed by such party by sending a written notice to the Target Company.
Internal Governance. The legal administration and representation of the Joint Venture Company shall be entrusted to the Board of Directors or equivalent body appointed pursuant to its articles of association and as further specified in Chapter 5 (Governance, Control and Decision-Making) of this Agreement. The Board shall be responsible for operational and strategic management, subject to unanimous decisions by shareholders where required under this Agreement.
Internal Governance. The Management Committee shall govern the business and affairs of the Partnership in accordance with any applicable internal governance policies enacted by Molson Coors Brewing Company from time to time.
Internal Governance. 2.2.1 Irrespective of value any proposal to create or enter into a contract that is novel, contentious or repercussive is to be agreed with the PCC before embarking on a procurement process. In all such contracts or agreements, officers are required to seek to minimise any risk to or liability of Surrey and / or Sussex Police to a proportionate level. Where there is likely to be any significant risk or liability assumed by Surrey and / or Sussex Police, no Agreement or Contract shall be entered into without the prior agreement of the relevant Chief Executive of the PCC, taking advice from Insurance and Risk Management.
2.2.2 No Contract may be signed unless approval to award the contract has first been given in writing by an individual at the appropriate level at 2.2.3
Internal Governance