Self-Assessment; Committee Terms of Reference Review and Approval Sample Clauses

This clause establishes the requirement for a committee to periodically evaluate its own performance and to review and approve its terms of reference. In practice, this means the committee must regularly assess whether it is meeting its objectives and responsibilities, and make any necessary updates to its governing document to reflect changes in scope or best practices. The core function of this clause is to ensure ongoing accountability and relevance of the committee, helping to maintain effective governance and alignment with organizational goals.
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Self-Assessment; Committee Terms of Reference Review and Approval. The Committee shall evaluate its performance on an annual basis and develop criteria for such evaluation. At least annually, these Terms of Reference shall be reviewed and reassessed by the Committee and any proposed changes shall be submitted to the Board for approval.
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