Common use of Scope of the System Parent Board of Trustees Clause in Contracts

Scope of the System Parent Board of Trustees. The charitable purposes of the System Parent shall be accomplished in part through its Board of Trustees, which shall be CONFIDENTIAL: PRIVILEGED COMMON INTEREST MATERIALS Execution Version responsible for providing strategic planning leadership, direction and oversight for the System. In this regard, the role of the System Parent Board of Trustees shall include the following activities: 3.4.1 Oversee the charitable mission of the System Parent; 3.4.2 Oversee the performance of the System Parent CEO; 3.4.3 Develop and oversee implementation of the System strategy, including a population health strategy for the System; 3.4.4 Collaborate with the Hospitals, their Boards and other stakeholders of the System to accomplish strategic objectives; 3.4.5 Assess opportunities and risks facing the System and identify options and recommend strategies to capitalize on opportunities and minimize risks; 3.4.6 Oversee the implementation of performance metrics; and 3.4.7 Exercise the Reserved Powers set forth in Section 3.9 of this Agreement and such other rights set forth in this Agreement as the System Parent holds as the member of MCH and HH and the co-member of CMC.

Scope of the System Parent Board of Trustees. The charitable purposes of the System Parent shall be accomplished in part through its Board of Trustees, which shall be CONFIDENTIAL: PRIVILEGED COMMON INTEREST MATERIALS Execution Version responsible for providing strategic planning leadership, direction and oversight for the System. In this regard, the role of the System Parent Board of Trustees shall include the following activities: 3.4.1 Oversee the charitable mission of the System Parent; 3.4.2 Oversee the performance of the System Parent CEO; 3.4.3 Develop and oversee implementation of the System strategy, including a population health strategy for the System; 3.4.4 Collaborate with the Hospitals, their Boards and other stakeholders of the System to accomplish strategic objectives; 3.4.5 Assess opportunities and risks facing the System and identify options and recommend strategies to capitalize on opportunities and minimize risks; 3.4.6 Oversee the implementation of performance metrics; and 3.4.7 Exercise the Reserved Powers set forth in Section 3.9 of this Agreement and such other rights set forth in this Agreement as the System Parent holds as the member of MCH and HH and the co-member of CMC.