Common use of Project Management Team Clause in Contracts

Project Management Team. In any CBM Field within the Contract Area where CUCBM has a participating interest in the development of the said Field, a project management team (hereafter referred to as "PMT") shall be established for the development of such CBM Field in the organization of the Operator within thirty (30) days from the date of approval of the Overall Development Program for the said Field. All subsequent CBM Fields within the Contract Area in which CUCBM has a participating interest shall be developed by a PMT. PMT shall comprise those personnel designated by the Parties and the number of CUCBM's personnel shall be no less than one third (1/3) of the total number of personnel within PMT. The Contractor shall designate a person acting as the manager of PMT, and CUCBM shall designate a person acting as the deputy manager of PMT. PMT shall be located at the Operator's office within the Chinese territory or as determined by JMC. The working location(s) of the members of PMT shall be decided according to the need of the work. The specific organization, staffing and working system of PMT and responsibilities and competence of various positions, including those of CUCBM's personnel assigned to PMT, shall be determined by the Parties through consultation prior to the approval of the Overall Development Program for the said CBM Field. The PMT shall exist for the period of the development of said CBM Field.

Appears in 2 contracts

Sources: Production Sharing Contract (Far East Energy Corp), Production Sharing Contract (Far East Energy Corp)

Project Management Team. In any CBM Field within the Contract Area where CUCBM has a participating interest in the development of the said Field, a project management team (hereafter referred to as "PMT") shall be established for the development of such CBM Field in the organization of the Operator within thirty (30) days from the date of approval of the Overall Development Program for the said Field. All subsequent CBM Fields within the Contract Area in which CUCBM has a participating interest shall be developed by a PMT. <PAGE> PMT shall comprise those personnel designated by the Parties and the number of CUCBM's personnel shall be no less than one third (1/3) of the total number of personnel within PMT. The Contractor shall designate a person acting as the manager of PMT, and CUCBM shall designate a person acting as the deputy manager of PMT. PMT shall be located at the Operator's office within the Chinese territory or as determined by JMC. The working location(s) of the members of PMT shall be decided according to the need of the work. The specific organization, staffing and working system of PMT and responsibilities and competence of various positions, including those of CUCBM's personnel assigned to PMT, shall be determined by the Parties through consultation prior to the approval of the Overall Development Program for the said CBM Field. The PMT shall exist for the period of the development of said CBM Field.

Appears in 1 contract

Sources: Production Sharing Contract