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Modul 3 - JUC

Modul 3 - JUC

Modul 3 - JUC

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SEPARATION STEERING GROUP<br />

FORMÅL:<br />

Umuligt at identificere alle separation issues før underskrift (bl.a. på grund af<br />

risiko for lækage). Partnerne kan nedsætte en separation steering group<br />

BESTEMMELSEN<br />

For the purpose of ensuring a smooth separation and transition process, the Parties have<br />

established a Separation Steering Group with representative of both Parties. The Parties’<br />

representatives in the Separation Steering Group shall hold the power to make decisions on<br />

behalf of such Party in any matter coming within the competence of the Separation Steering<br />

Group. Decisions of the Separation Steering Group shall require the affirmative vote of at least<br />

one member representing each of the Seller and the Buyer. The chairman of the Separation<br />

Steering Group shall ensure that correct and complete minutes of the proceedings of the<br />

Group are prepared and circulated to all the members. In particular, any changes agreed to<br />

the Separation Documents shall be carefully recorded.

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