Define: Ad Hoc Committee

How is Ad Hoc Committee defined in a legal contract?

• Ad Hoc Committee means a temporary committee created by a council specifically for considering a particular issue. This committee is dissolved automatically upon submitting its final report to the council, unless directed otherwise. Seen in 29 SEC filings
• Ad Hoc Committee means a special committee with a defined duration and purpose. It is created by a council to inquire and report on a specific issue or concern, and it dissolves automatically once it finishes and submits its final report unless instructed otherwise by the council. Seen in 22 SEC filings
• Ad Hoc Committee means a committee formed by a council with a defined ending point, tasked to directly report to the council on a specific matter. Seen in 10 SEC filings
• Ad Hoc Committee means a committee appointed by a council to act on a temporary or specific issue. This committee is discontinued once their recommendations on the specified initiative or issue have been provided and acted upon by the council members, and no further recommendations are required. Seen in 10 SEC filings

Please note that these definitions are summarized and simplified for ease of comprehension and have been altered slightly. The intention of these definitions remains the same. However, the textual structure might have been changed to increase readability and simplicity for the layperson.

Note: The Genie AI Legal Assistant pulled this data out of the SEC EDGAR Database of 500,000 records from the past 22 years of filings. We regularly update this page as new filings and definitions come in.

Search EDGAR for 'Definitions of ad hoc committee' yourself to verify these results. We are always keen to point people to source documents.

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Which definition should you use?

🤔 Our AI Legal Assistant has combined and improved the above descriptions to create market-standard 'Genie definitions' below, with guidance on which documents and which industry to use for each.

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Genie Definition 1

• Ad Hoc Committee means a temporary, special purpose committee appointed by a council to consider a specific matter. This committee automatically disbands after submitting its final report unless otherwise directed by said council.

Relevant Contract Types

• Joint Venture Contracts
• Operating Agreements

Relevant Circumstances

• During the establishment of a new partnership or collaboration
• When a specific issue arises during a project or within a corporate structure that necessitates special attention
• During the restructuring or liquidation process of an organization.

Relevant Sectors

• Corporate Governance
• Project Management
• Business Administration

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Genie Definition 2

• Ad Hoc Committee means a committee formed by a council with a defined ending point specifically tasked to report to the council on a specific issue. This committee is discontinued once their given task is completed.

Relevant Contract Types

• Partnership Agreements
• Consulting Agreements

Relevant Circumstances

• When a unique problem or challenge arises requiring special understanding or expertise within a partnership or organisation.
• During periods of change or transition within an organization where specific tasks need to be managed and overseen.

Relevant Sectors

• Project Management
• Business Consultancy
• Organizational Development

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