Executive Board. The Executive Board is the ultimate decision-making body that takes on behalf of the Parties all strategic decisions and that supervises activities carried out by the consortium formed hereunder and the finding of amicable solutions for any unresolved disputes between the Parties relating to the execution of the Project. Its composition, organization, and responsibilities are specified in Schedule 2. The Executive Board may delegate part of its responsibilities to other boards or subcommittees.
Appears in 5 contracts
Samples: Consortium Agreement, Consortium Agreement, Consortium Agreement
Executive Board. The Executive Board is the ultimate decision-making supervisory body that takes on behalf of the Parties all strategic decisions and that supervises activities carried out by the consortium formed hereunder and the finding of amicable solutions for any unresolved disputes between the Parties relating to the execution of the ProjectProject which shall report to both the Strategic Direction and the General Assembly and be accountable to the General Assembly. Its compositionIn addition to the rules described in Section 6.2, organization, and responsibilities are specified in Schedule 2. The Executive Board may delegate part of its responsibilities to other boards or subcommittees.the following rules apply:
Appears in 1 contract
Samples: Sparta Consortium Agreement
