Common use of Committee Size and Composition; Observers Clause in Contracts

Committee Size and Composition; Observers. The JSC and any Subcommittee may change its size from time to time by mutual, [**] consent of its members, provided that the JSC and each Subcommittee shall consist at all times of an equal number of representatives of each of Verve and Beam. Each Party may replace one or more of its JSC or Subcommittee representatives at any time upon written notice to the other Party. The JSC or any Subcommittee may invite non-members (including consultants and advisors of a Party who are under an obligation of confidentiality consistent with this Agreement) to participate in the discussions and meetings of such Committee, provided that such participants are involved in activities related to the business of such Committee and shall have no voting authority at such Committee.

Appears in 3 contracts

Samples: Collaboration and License Agreement (Verve Therapeutics, Inc.), Collaboration and License Agreement (Verve Therapeutics, Inc.), Collaboration and License Agreement (Verve Therapeutics, Inc.)

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Committee Size and Composition; Observers. The JSC JSC, JRC and any Subcommittee may change its size from time to time by mutual, [**] unanimous consent of its members, provided that the JSC JSC, JRC and each Subcommittee shall consist at all times of an equal number of representatives of each of Verve Beam and BeamPrime. Each Party may replace one or more of its JSC JSC, JRC or Subcommittee representatives at any time upon written notice to the other Party. The JSC JSC, JRC or any Subcommittee may invite non-members (including consultants and advisors of a Party who are under an obligation of confidentiality consistent with this Agreement) to participate in the discussions and meetings of such Committee, provided that such participants are involved in activities related to the business of such Committee and Committee, shall have no voting authority at such CommitteeCommittee and will be bound under written confidentiality and non-use obligations with respect to information disclosed at such meeting that are consistent with this Agreement.

Appears in 1 contract

Samples: Collaboration and License Agreement (Prime Medicine, Inc.)

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