Common use of Management Organization Clause in Contracts

Management Organization. 9.1 The Joint Venture sets up management organization, responsible for the daily operation of the Joint Venture. The management organization shall have one general manager and two assistant general managers who are employed by the Board of Directors for a term of 3 years. 9.2 General manager is responsible for carrying out decisions made by the Board and daily operation of the Joint Venture. Assistant general managers shall assist general manager to perform his duty. General manager can authorize an assistant general manager to perform his duty on behalf of him under the condition that he is not able to perform his duty. 9.3 Several senior executives of Joint Venture including a Chief Engineer and a Chief Accountant shall be employed by Board of Directors to assist General Manager and assistant general managers. They are responsible for issues in relation to engineering technology, financial and accounting management and other business management. 9.4 Members of the Board may be appointed as General Manager or assistant general manager at the same time.