Common use of Appointment is a Right Clause in Contracts

Appointment is a Right. The appointment of members of the JSC and any Subcommittees is a right of each Party and not an obligation and shall not be a “deliverable” as referenced in any existing authoritative accounting literature. Each Party shall be free to determine not to appoint members to the JSC or any Subcommittee.

Appears in 3 contracts

Samples: Collaboration and License Agreement (Incyte Corp), Collaboration and License Agreement (Merus N.V.), Collaboration and License Agreement (Incyte Corp)

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Appointment is a Right. The appointment of members of the JSC and any Subcommittees subcommittees of the JSC is a right of each Party and not an obligation and shall not be a “deliverable” as referenced in any existing authoritative accounting literature. Each Party shall be free to determine not to appoint members to the JSC or any Subcommitteesubcommittee of the JSC.

Appears in 3 contracts

Samples: Collaboration and License Agreement (Incyte Corp), Collaboration and License Agreement (Calithera Biosciences, Inc.), Collaboration and License Agreement (Incyte Corp)

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Appointment is a Right. The appointment of members of the JSC and any Project Management Team or Subcommittees is a right of each Party and not an obligation and shall not be a “deliverable” as referenced in any existing authoritative accounting literature. Each Party shall be free to determine not to appoint members to the JSC or any Project Management Team or Subcommittee.

Appears in 2 contracts

Samples: License, Development and Commercialization Agreement (Incyte Corp), Development and Commercialization Agreement (Agenus Inc)

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