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Notes to Memorandum of Understanding - Economic Council to securities
and exchange Act.
The purpose of the scedule below is to ensure a strong delivery of the
MOU and clarify for the partners on how to progress joint activities.
1. Meeting involving Chief Executives
Meetings between the Chief Executives of the two organizations will
take place annually. The purpose of these meetings will be to review
the progress of the joint projects and exchange relevant information
about the objectives and plans of the two organizations.
2. Business Group
A business Group will be set up involving up to three senior
representatives from each organization. This group will meet two or
three times progress activities and will commission new projects.
3. Project Terms
All projects will be jointly owned by a member of staff from both
organizations who will act as the named contact but in most cases one
organization will take the lead responsibility. The lead member of
staff will be responsible for reporting to Business Groups.