Operations Management. OPERATOR AND OPERATING COMMITTEE The Operator is responsible for the conduct and execution of the Operations, by performing acts, entering into juristic acts, and representing the Consortium before ANP, the Federal, State, and Municipal Governments, as well as to third parties, as of the effective date of this Consortium Agreement. The Operating Committee shall be responsible for resolutions regarding management of the Consortium, which organization, competence, powers, fields of operation, composition, frequency of meetings, voting procedures, and matters specially subject to its resolution shall be defined in specific documents to be entered into by and between the Parties, if not contrary to the terms of the Production Sharing Agreement. The Consortium’s decisions shall be approved by vote as established in Annex XI to the Production Sharing Agreement and according to the criteria, manners, and procedures established in specific documents, if not contrary to the terms of the Production Sharing Agreement and its Annexes.
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Sources: Production Sharing Agreement, Production Sharing Agreement, Production Sharing Agreement