Management and Governance. The Parties shall establish a joint program committee (the “Program Committee”) within thirty (30) days after the Effective Date which shall remain in existence for the duration of the Collaboration Term. The Program Committee shall oversee the discovery and research activities during the Option Period and shall be a forum to facilitate communication and interaction between the Parties regarding the Program Plan, Collaboration Molecules and Lead Molecules during the Option Period. The Program Committee shall perform the following functions:
Management and Governance. 5.1 Management by Board; Specific Acts Authorized; Delegation of Authority by the Board.
Management and Governance. The Contractor will fully participate in the following teams and processes that would operate to address overall program implementation, including: project priorities, monitoring, and status; project operational issues, interventions, and solutions; and opportunities for innovation.
Management and Governance. The AJC will ensure that its activities are properly managed, and that there are proper organisational governance arrangements in place to ensure those activities are effective and of good quality. This includes appropriate performance management and review for staff. The AJC must keep its corporate governance framework up-to-date and provide copies of any updates to the States. The AJC must operate a complaints procedure and ensure that information on how to complain is available to all stakeholders. That procedure will relate to complaints about matters relating to AJC procedures, criteria etc., but will not relate to complaints about the discretionary elements of grant-making. In the event that the States of Jersey identifies concerns with the corporate governance framework of the AJC, they can write to the AJC suspending further distribution of lottery proceeds until the concerns are addressed.
Management and Governance. Subject to the provisions of this Agreement and the Act, the Board shall be responsible for the management, supervision, direction and control of the Company.
Management and Governance. (a) Those entities controlled by members of the Five Star Group that are the general partners of Xxxxxx Xxxxxx X0-0, Xxxxxx Xxxxxx B1-7 and Frisco Square Properties, respectively, immediately preceding the execution of this Agreement shall remain as general partners of the respective Equity Partnerships and, further, shall serve as the managing general partner (“Managing General Partner”) of the respective Equity Partnership following the admission of Fairways X0-0, Xxxxxxxx B1-7 and Fairways FS as general partners (each being a “Co-General Partner”) of the Equity Partnerships pursuant to paragraph 2. The Managing General Partner shall have the right to manage the day to day business and affairs of the respective Equity Partnership and to implement and execute the business plans and operations of the respective Equity Partnership provided that the Managing General Partner acts in accordance with the Business Plan (as hereinafter defined) and Budget (as hereinafter defined) adopted for the respective Equity Partnership.
Management and Governance. 6.1. The business of the Venture shall be conducted in accordance with the policies, decisions, guidelines and budgets made or approved by the Venture's Board of Directors ("Board"), subject to the terms of this agreement. 6 6.2. The Board shall be composed of five (5)
Management and Governance. V.1Management by Board; Specific Acts Authorized; Delegation of Authority by the Board .
Management and Governance. Each party shall appoint one representative as its respective alliance manager for the relationship (“Alliance Manager”). The Alliance Managers shall oversee the manufacturing and commercialization activities and facilitate resolution of disputes.
Management and Governance. From and after the Closing, the Company shall be managed by or at the direction of the Buyer. The Buyer will delegate the authority and responsibility to manage and direct the operation of the Company, on the basis of an order appointing the executive body of the Company, in accordance with the corporate charter of the Company and subject to Buyer’s supervision and control. Sellers, on behalf of themselves and the Company, agree with Buyer to effect and file or record any amendment to the corporate charter of the Company which may be necessary or desirable to reflect the change of ownership and the change in the form of management and governance contemplated by this Agreement. Notwithstanding the foregoing, the Company shall be authorized to take any of the following actions only upon the approval of both the Buyer and Sellers:
