Project Board (PB) Clause Samples

Project Board (PB). Day-to-day management of the project is the responsibility of the Project Board (PB). It consists of all WPL and is chaired by the Project Co-ordinator. The PB is responsible for the management, work and directions of the whole project, the work packages progress, and supervises the technical and scientific work with responsibility for decisions concerning the overall project management. The PB will have telephone/online conference calls approximately every quarter and meets face to face at least once a year.
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Project Board (PB). The PB will provide ongoing guidance and monitoring on the project development and it will be in charge of monitoring all activities in relation to the deliverables of the project, in order to adhere to the work plan and the budget. The PB will comprise the Coordinator plus a lead representative from each partner, which includes the three WPLs. General Assembly (GA): is the entity with the highest authority in the hierarchical structure of the project. The board consists of a lead representative from each partner, which includes the three WPLs. The GA is the key decision-making and issue-resolution body for the project and responsible to communicate with the Quantera consortium.
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Project Board (PB). The Project Board shall consist of one duly authorised representative of each Party. The Co-ordinator shall chair all meetings of the Project Board. Each representative shall have one vote and may appoint a substitute to attend and vote at any meeting of the Project Board after having informed the others in writing. The PB will be chaired by the NATURNET-REDIME Scientific Coordinator, and will meet at least once a year, unless otherwise requested by a consortium partner for any issue requiring a collective decision. The NATURNET-REDIME Scientific Coordinator shall give each of the Parties at least (14) fourteen calendar days notice in writing of such meetings or (7) seven calendar days notice in case of an emergency situation. Any decision requiring a vote at a Project Board meeting must be identified as such on the invitation. Should a Party suggest adding a discussion/decision to the proposed agenda, it shall do so in writing to all other Parties at least two calendar days prior to the meeting date. Minutes of the meetings of the Project Board shall be transmitted to the Parties within thirty (30) calendar days after the date of the meeting. The minutes shall be considered as accepted by the other Parties if, within fifteen (15) calendar days from receipt, no Party has objected in a traceable form to the Co-ordinator. Any decision requiring a vote at a Project Board meeting must be identified as such on the pre-meeting agenda, unless there is unanimous agreement to vote on a decision at that meeting and all Parties are present or represented. However, any decision required or permitted to be taken by the Project Board may be taken in accordance with the above (i) in meetings via teleconference and/or via email; (ii) without a meeting with prior notice of at least seven (7) days and without a vote, if, in any such case, a consent in writing, setting forth the decision so taken, is signed by the representatives of the Parties having not less than the minimum number of votes that would be necessary to take such decision at a meeting at which all Parties entitled to vote on such decision were represented and were voting, and provided the consent has been delivered for signature to all Parties' representatives. In cases which concern the Party (legal entity) more than the Participant, the Participant is obliged to seek an agreement with the Party it belongs to before giving his vote to the question that may cause an internal problematic. Silent/acceptance can...
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Related to Project Board (PB)

  • Parent Board of Directors The Board of Directors of Parent will take all actions necessary such that two members of Company's Board of Directors reasonably acceptable to Parent, at least one of whom is an independent director of the Company's Board of Directors, shall be appointed to Parent's Board of Directors as of the Effective Time with a term expiring at the next annual meeting of Parent's stockholders.

  • Management Board The Management Board is responsible for the overall strategic direction of the Integrated Service. Its functions and terms of references are set out in Schedule 3 Part I to this Agreement.

  • Audit Committee (A) The Audit Committee shall be composed of five members who shall be selected by the Board of Directors from its own members, none of whom shall be an officer of the Company, and shall hold office at the pleasure of the Board. (B) The Audit Committee shall have general supervision over the Audit Division in all matters however subject to the approval of the Board of Directors; it shall consider all matters brought to its attention by the officer in charge of the Audit Division, review all reports of examination of the Company made by any governmental agency or such independent auditor employed for that purpose, and make such recommendations to the Board of Directors with respect thereto or with respect to any other matters pertaining to auditing the Company as it shall deem desirable. (C) The Audit Committee shall meet whenever and wherever the majority of its members shall deem it to be proper for the transaction of its business, and a majority of its Committee shall constitute a quorum.

  • Board of Director Approval This Agreement shall have been approved by the Board of Directors of Acquirer.

  • Board of Directors Approval The Board of Directors of the Buyer --------------------------- shall have approved, ratified and affirmed the execution and delivery of this Agreement and the consummation of the transactions contemplated hereby.