StackCo Governance Sample Clauses

StackCo Governance. StackCo will be managed and operated separately from the operations of Veoneer that are focused on development, manufacturing and sales of products by Veoneer as a Tier 1 Supplier directly to OEMs. StackCo will have its own profit and loss statements, and StackCo’s senior leadership will report directly to senior executives of Veoneer. The StackCo managing director and the senior StackCo management team will oversee profit and loss, day-to-day operations, pursuit management and pricing of the Stack, and resource prioritization within StackCo related to the Stack. StackCo will be subject to the applicable provisions of Section 6 (Governance and Coordination) in carrying out such activities.