MGA Sample Clauses

MGA. In the case of abolished tasks as a result of a decision of the General Assembly, the Executive Board shall advise the General Assembly on ways to compensate the Parties concerned. Such compensation shall be limited to costs actually incurred or assignments actually contracted. In addition, the Executive Board shall collect information at least every 6 months on the progress of the Project, examine that information to assess the compliance of Project with the Consortium Plan and, if necessary, propose modifications of the Consortium Plan to the General Assembly. The Executive board shall update the Consortium plan with the implementation plans from the Sub project. In case of modifications of the Consortium Plan, it can happen that the decisions to be made , would have severe financial effects for a Party. If such effects are the direct consequence of needed engagements made under the actual Consortium Plan, that Party is bound to minimise the costs attached to the tasks to be abolished. The resulting commitments could be compensated by decision of the General Assembly. The compensation is not automatic but appreciated on a case by case basis. The compensation shall be based on the costs made or assignments contracted by the Parties which tasks are abolished. In order to meet its tasks the Executive Board collects all information needed to secure the progress of the Project. This information, combined with requests of Sub Project Commitees or the Commission for changes of the Project Plan (including Budget Plans) , must be reviewed and used to arrive at revisited plans that accommodate changed circumstances and developments and fits into the borders of Deliverables and the total budget of the Project. Normally some rounds of deliberations and fine tuning with the sub projects are needed to fit these constraints. The result is modified task, related budgets and payment schemes, which together will form the new to propose Consortium Plan. This new Consortium Plan will be proposed to the General Assembly, eventually combined with a proposal for change of Annex I to the Commission.

MGA. MGA will introduce, educate, and/or offer a PEO or a variety of PEO Companies to Broker for Brokers potential applicants/clients that are interested in PEO Services in accordance with applicable laws and regulations.