Periodic Review and Evaluation. The Sponsor shall annually evaluate the School on its performance and progress toward meeting the standards and targets included in this Charter, including academic achievement goals. If the term of this Charter exceeds five years, the Sponsor shall conduct a High-Stakes Review at least every five years and shall present the findings of the review to the Governing Board of the School.
Periodic Review and Evaluation. The Sponsor shall annually evaluate the School on its performance and progress toward meeting the standards and targets included in this contract, including academic achievement goals. If the term of this contract exceeds five years, the Sponsor shall conduct a High-Stakes Review at least every five years and shall present the findings of the review to the governing board of the School.
Periodic Review and Evaluation. It is understood that the TIDE Committee (as provided below) of the Board of Directors shall review and evaluate this Rights Agreement to determine whether the maintenance of this Rights Agreement continues to be in the interests of the Company, its stockholders and any other relevant constituencies of the Company, at least once every three years, or sooner than that if any Person shall have made a proposal to the Company or its stockholders, or taken any other action that, if effective, could cause such Person to become an Acquiring Person hereunder, unless a majority of the members of the TIDE Committee shall determine that such review and evaluation are not appropriate after giving due regard to all relevant circumstances. Following each such review, the TIDE Committee will communicate its conclusions to the full Board of Directors, including any recommendation in light thereof as to whether this Rights Agreement should be modified or the Rights should be terminated. The TIDE Committee shall be comprised of Independent Directors (as defined below) selected by the Board of Directors. The TIDE Committee shall have the power to set its own agenda and to retain at the expense of the Company its choice of legal counsel, investment banker and/or other advisors. The
Periodic Review and Evaluation. It is understood that the TIDE Committee (as provided below) of the Board of Directors shall review and evaluate this Rights Agreement to determine whether the maintenance of this Rights Agreement continues to be in the interests of the Company, its stockholders and any other relevant constituencies of the Company, at least once
