# December 15, ISC Meeting ## Agenda: * Update from Committees * Committee Reward Update & Next Step * Committee Chair and Vice-chair policy * AOB & Meeting Close ## Attendees: | Name | Attendance | Role | Voting Seat (Y/N) | | ---------------------------------------------------- | ---------- | ------------------------------- | ----------------- | | [Simo Simovic](mailto:simo.simovic@intersectmbo.org) | Yes | Secretary | N | | Jack Briggs | Yes | Interim Executive Director | Y | | Nick Cook | No | Director - Operations (Interim) | Y | | Sheldon Hunt | No | Community Member Seat | Y | | Fred Tanaka | Yes | Community Member Seat | Y | | Kristijan Kowalsky | Yes | Community Member Seat | Y | | Jose Miguel de Gamboa | Yes | Community Member Seat | Y | | Elaine Cardenas | No | OSC Chair | Y | | Samuel Leathers | Yes | Product Chair | Y | | Maureen Wepngogn | Yes | MCC Chair | Y | | Megan Hess | Yes | CBC Chair | Y | | Kevin Hammond | Yes | TSC Chair | Y | | Tim Harrison | No | GMC Chair | Y | | Nicolas Cerny | No | CCC Chair | Y | | Christian Taylor | No | Head of OSO | N | | Lorenzo Bruno | Yes | Secretary of CPC | N | | Bosko Majdanac | Yes | Secretary of TSC | N | | Abhik Nag | Yes | Secretary of MCC | N | | Lloyd Duhon | Yes | Secretary of Budget Committee | N | | Larisa Mcfarlane | No | Secretary of CCC | N | | Terence McCutcheon | No | Secretary of OSC | N | | Lara Bonasorte | No | Secretary of GMC | N | ### Additional Attendees: Thiago Nunes - Observer Wes Perkinson - Observer ## Discussion/Actions ### 1. Committee Updates #### Budget Committee The committee is preparing documentation for the new 2026 budget process.\ The first step — socializing the Net Change Limit (NCL) — has been approved and will begin circulating shortly, with the expectation of submitting the NCL governance action on-chain early in the new year. #### Product Committee The Vision & Strategy package is progressing and is expected to be submitted on-chain this week.\ A pull request including the initial KPI set has been submitted and is under Product Committee review. #### Technical Steering Committee (TSC) Key updates included: * The Chain Incident Analysis Group is preparing a preliminary factual report by year-end; follow-up work will continue in early 2026. * The Hard Fork Working Group meets again this week. * A hard fork will not occur in 2025; teams are targeting systematic rollout beginning in early 2026. * Plutus team is addressing reported issues; a test version may be available by year-end. Executive Team Update A major update from the Executive Team focused on governance progress and preparations for the 2026 cycle: * The Constitutional Committee update action is expected to ratify within hours, restoring quorum and enabling pending governance actions to proceed. * The Vision & Strategy submission will provide a baseline for 2026 planning, with expanded KPIs expected next year. * The Net Change Limit update will be socialized this week and targeted for on-chain submission in January, enabling a renewed NCL from February 2026. The executive update also outlined Intersect’s three functional areas going into 2026: 1. Member Services – supporting ecosystem challenges such as KPIs and long-term vision. 2. Technical Coordination – ramping up significantly in 2026, covering node diversity, incident management, protocol upgrades (Node v11 around March 2026; next era upgrade potentially Q4 2026+), release management, and security coordination. 3. Administration – continued oversight of treasury-funded contracts (\~270M ADA), multi-year budgets, and integration programs. The team emphasized a push toward predictability in governance and reducing unnecessary voting cycles.\ A proposal for two-year committee terms (instead of annual terms) is being developed for 2026. #### Additional Questions from Members Members asked about the timeline for the new permanent Executive Director.\ An update is expected before Christmas, pending completion of several board-level priorities. ### 2. Committee Reward Distribution An update was provided on year-end manual reward processing: * 57 committee members completed all required steps and will receive payment today. * Fewer than 10 individuals have incomplete steps and will be able to claim rewards through the Member Area from January onward. * 15 people declined rewards. A confirmation email will be sent to everyone receiving payouts. ### 3. Chair & Vice-Chair Election Policy A draft policy — developed through the Governance Working Group — was shared with ISC for review.\ Objectives of the policy include: * Establishing a clear, flexible framework for chair and vice-chair elections across committees. * Ensuring committees can run elections when needed (e.g., vacancy, end of term, new candidates). * Maintaining consistency with existing election infrastructure and thresholds. ISC members were asked to review the document in detail; formal approval will resume in January. A related policy on extending committee terms to two years is also in early drafting and will be prioritized in January. ### 4. Other Business A member raised two ongoing requests: * Publish an updated organizational chart that includes not only staff but also committees and working groups, with clear contact points. * Establish a long-term ISC agenda to provide visibility on major topics throughout the year. Updates provided: * The current org chart is available on the Knowledge Base and will be fully updated in January once the organizational restructuring is finalized. * A more comprehensive member/committee directory is planned for early 2026. * The ISC long-term agenda will be prepared and presented in early January. *** ### 5. Next Steps / Actions * Circulate and review the Chair & Vice-Chair Election Policy draft; provide feedback before January. * Intersect Governance WG: Continue drafting the two-year committee term policy. * Update the organizational chart once restructuring is done * Prepare ISC long-term planning - to be presented in January. --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. 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