Common use of Selection Committee Clause in Contracts

Selection Committee. The Donor shall submit to the Foundation for approval names of individuals recommended to serve on the Selection Committee. In the event the Donor is unable or unwilling to nominate a Selection Committee, the Foundation shall appoint its members. The Selection Committee shall review applications and make recommendations to the Foundation for approval. The Donor and related parties may not comprise a majority of the Selection Committee nor may they control the Selection Committee directly or indirectly. There shall be no benefit to a Donor, relative of a Donor, or individual selected by the Donor. Members of the Selection Committee must disclose any familial relationships with any applicant and must refrain from voting on their application. Any changes to the composition of the Selection Committee must be approved by the Foundation prior to becoming effective.

Appears in 5 contracts

Samples: Scholarship Fund Agreement, Scholarship Fund Agreement, Scholarship Fund Agreement

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