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6.2 The Board is responsible for approving and reviewing the charter terms and membership of each committee established by the Board. The performance of each committee is to be reviewed by the Board, which will also consider whether any amendments to the relevant charter are necessary.

Many charters begin with a brief overview of the committee's purpose. This may involve crafting a mission statement or statement of purpose. The goal is to describe the board's intentions for creating the committee as well as how those intentions translate to the committee's objectives.

The governance charter should outline all of the functions and responsibilities assigned by the CoC to the Board, committees, the HMIS Lead, the Lead Agency staff, as well as the process for reviewing and amending the charter.

Definition. A Board Charter is a written policy document prepared by the company's board and ideally reviewed and updated annually. It sets out the roles and responsibilities of the board members, chair, and other key roles to ensure clarity and alignment.

Benefits of a board charter Documenting the policies that the board has decided upon to meet its governance, leadership, social and compliance responsibilities; Providing a useful induction tool for new directors and senior managers; Providing a reference point for disputes;

The Charter sets out the main aspects of a company's corporate governance, such as its governance structure, the internal regulations of the Board of Directors, its committees, and the Executive Committee, together with other important topics.

A governance committee charter will describe the committee's mission statement or charge. Committee charters should state the powers and authority of the committee, as well as how the members should work together to fulfill the committee's goals. Charters indicate how the committee is composed.