Common use of Practice Advisory Council Clause in Contracts

Practice Advisory Council. Local Advisory Council; National Appeals Council. Vision 21 and the Company shall establish a practice advisory council composed of delegates from Vision 21 and the Company which shall advise Vision 21 and the Company and determine certain issues as more fully described in the Business Management Agreement. Vision 21 shall also establish a local advisory council composed of delegates from certain practice groups acquired by Vision 21 in connection with the Recent Acquisitions. Such delegates shall be appointed from practice groups which are located in a market area to be identified by Vision 21 and in which the Company is located. The local advisory council board shall advise Vision 21 and the practice groups within the market area as to policy and strategy issues and shall determine certain types of issues and disputes between Vision 21 and such practice groups which issues and disputes are identified in the Business Management Agreement and other management agreements entered into between Vision 21 and practice groups. The Company shall have the right to appoint one (1) member to a local advisory council who shall serve an initial two (2) year term. After the initial two-year term, election of members to the local advisory council shall be in accordance with by-laws which shall be adopted and amended by the local advisory council. Vision 21 shall also establish a national appeals council which shall have, among other duties and responsibilities, the power to adopt and amend its by-laws, to review and approve as limited herein certain decisions of the local advisory councils, and to resolve deadlocks among the members of such local advisory councils.

Practice Advisory Council. Local Advisory Council; National Appeals Council. Vision 21 and the Company shall establish a practice advisory council composed of delegates from Vision 21 and the Company which shall advise Vision 21 and the Company and determine certain issues as more fully described in the Business Management Agreement. Vision 21 shall also establish a local advisory council composed of delegates from certain practice groups acquired by Vision 21 in connection with the Recent AcquisitionsAcquisitions and from the Company. Such delegates shall be appointed from practice groups which are located in a market area to be identified by Vision 21 and in which the Company is located. The local advisory council board shall advise Vision 21 and the practice groups within the market area as to policy and strategy issues and shall determine certain types of issues and disputes between Vision 21 and such practice groups which issues and disputes are identified in the Business Management Agreement and other management agreements entered into between Vision 21 and practice groups. The Company shall have the right to appoint one (1) member to a local advisory council who shall serve an initial two (2) year term. After the initial two-year term, election of members to the local advisory council shall be in accordance with by-laws which shall be adopted and amended by the local advisory council. Vision 21 shall also establish a national appeals council which shall have, among other duties and responsibilities, the power to adopt and amend its by-laws, to review and approve as limited herein certain decisions of the local advisory councils, and to resolve deadlocks among the members of such local advisory councils.