Stakeholder Board to replace General Assembly Sample Clauses

Stakeholder Board to replace General Assembly. Another key change required for the long-term governance solution is the move from a General Assembly, in which each of more than 80 Partner institutions spread across some 20 countries has its own voting representative to a Stakeholder Board, in which all the participating institutions in one country share a single representative. This development will not only make for a more manageable governance structure, but it will also pave the way for transforming the HBP into a Legal Entity which can become an enduring Member State-owned European Scientific Research Infrastructure when EC funding ends in 2023. It will take time to negotiate its terms of reference. While this change is being prepared, Member States’ interests in the HBP will be assured through the Funders Board and/or other mechanisms foreseen in the EC Staff Working Document.
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Related to Stakeholder Board to replace General Assembly

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