Common use of Responsibilities of the Policy Board Clause in Contracts

Responsibilities of the Policy Board. 3.1 Formation and Operation of the Policy Board. (a) Structure of Policy Board. Practice hereby acknowledges that it is one of a group of ophthalmology practices located in the Richmond metropolitan area which is affiliated with Business Manager (Practice and such other practices shall be collectively referred to herein as "Regional Practices"). The Regional Practices and Business Manager shall establish a Policy Board which shall be responsible for overseeing the overall operations of the nonmedical aspects of each Regional Practice's facilities and, subject to Section 3.3 hereof, certain medical issues. The Policy Board shall consist of four (4) members, each of whom shall serve a one-year term. Business Manager shall designate, in its sole discretion, two (2) members of the Policy Board, and the Regional Practices shall collectively designate two (2) members of the Policy Board. The Policy Board members designated by the Regional Practices shall be Physician-Shareholders of a Regional Practice. Except as otherwise expressly provided herein, the act of a majority of the members of the Policy Board shall be the act of the Policy Board.

Responsibilities of the Policy Board. 3.1 Formation and Operation of the Policy Board. (a) Structure of Policy Board. Practice hereby acknowledges that it is one of a group of ophthalmology practices located in the Richmond St. Louis metropolitan area which is affiliated with Business Manager (Practice and such other practices shall be collectively referred to herein as "Regional Practices"). The Regional Practices and Business Manager shall establish a Policy Board which shall be responsible for overseeing the overall operations of the nonmedical aspects of each Regional Practice's facilities and, subject to Section 3.3 hereof, certain medical issues. The Policy Board shall consist of four (4) members, with each of whom shall serve a one-year term. the Business Manager shall designate, in its sole discretion, and Regional Practices designating two (2) members members. Each member of the Policy Board, and the Regional Practices Board shall collectively designate two (2) members of the Policy Boardserve a one- year term. The Policy Board members designated by the Regional Practices shall be Physician-Shareholders of a Regional Practice. Except as otherwise expressly provided herein, the act of a majority of the members of the Policy Board shall be the act of the Policy Board.

Responsibilities of the Policy Board. 3.1 Formation and Operation of the Policy Board. (a) Structure of Policy Board. Practice hereby acknowledges that it is one of a group of ophthalmology practices located in the Richmond metropolitan area St. Louis Metropolitan Statistical Area (MSA No. 243) which is affiliated with Business Manager (Practice and such other practices shall be collectively referred to herein as "Regional Practices"). The Regional Practices and Business Manager shall establish have established a Policy Board which shall be is responsible for overseeing the overall operations of the nonmedical aspects of each Regional Practice's facilities and, subject to Section 3.3 hereof, certain medical issues. The Policy Board shall consist of four (4) members, with each of whom the Business Manager and Regional Practices designating two (2) members. Each member of the Policy Board shall serve a one-year term. Business Manager shall designate, in its sole discretion, two (2) members of the Policy Board, and the Regional Practices shall collectively designate two (2) members of the Policy Board. The Policy Board members designated by the Regional Practices shall be Physician-Shareholders of a Regional Practice. Except as otherwise expressly provided herein, the act of a majority of the members of the Policy Board shall be the act of the Policy Board.