Composition of Steering Committee. EPIX and DYAX hereby establish a Steering Committee comprised of four (4) members, with two (2) representatives appointed by each party. The initial members of the Steering Committee shall be as follows: EPIX Representatives DYAX Representatives Xxxxxxx X. Xxxxxx, M.D. Xxxxxx Xxxxxx, Ph.D. V.P. of Strategic Planning President, Research Division and Corporate Development
Composition of Steering Committee. The Parties hereby establish a Steering Committee with equal membership from each party. A Party may change one or more of its representatives to the Steering Committee at any time upon notice to the other Party.
Composition of Steering Committee. (a) Each Party will be entitled to appoint two Representatives on the Steering Committee.
(b) Each Party may also appoint an alternate for each of its Representatives who will be entitled to attend and vote at meetings of the Steering Committee in which the relevant Representative does not participate.
(c) Each Party will appoint its Representatives and alternates (if any) by notice in writing to the other Party.
(d) A Party may replace any of its Representatives or alternates, or revoke any such appointment, at any time by giving not less than five Business Days’ notice in writing to the other Party.
(e) The Project Manager will attend all meetings of the Steering Committee but is not, unless a Representative, entitled to vote.
Composition of Steering Committee. The Steering Committee shall be composed of at least nine Directors as set forth on Schedule 3.3 hereto (the “SC Directors”). The Board may (i) in its sole discretion by a 4/5th supermajority vote, appoint SC Directors to the Steering Committee or (ii) remove SC Directors from the Steering Committee pursuant to Section 5.1(f) of this Agreement, and in each case shall update Schedule 3.3 to reflect such addition or removal. Additionally, if an Additional Director appointed following the date of this Agreement donates at least $250,000 in the aggregate to the YRF Endowment (as defined below), then such Additional Director shall be invited, but shall not be required, to join the Steering Committee as an SC Director. If such Additional Director accepts the invitation to join the Steering Committee, then the Board shall appoint such Additional Director as an SC Director and shall update Schedule 3.3 to reflect such addition. As Steering Committee and Board membership changes over time, the Board and Steering Committee shall make a good faith effort to maintain roughly balanced proportions between representation from agricultural, recreation, conservation, and business/funder interest groups – as well as between Lower Basin, Upper Basin, and Regional entities.
Composition of Steering Committee. The Parties hereby establish a Steering Committee comprised of six (6) members, with three (3) representatives appointed by each Party. The initial members of the Steering Committee shall be as follows: ARQULE REPRESENTATIVES SANKYO REPRESENTATIVES * A Party may change one or more of its representatives to the Steering Committee at any time upon notice to the other Party. Each Party will designate one of its representatives as its team leader.
Composition of Steering Committee. Within thirty (30) days following the execution of this Agreement, a Steering Committee shall be established for the purpose set forth in Article 3.05. The Steering Committee shall be composed of an equal number (but no more than three) representatives from each of CURAGEN and COR. One representative of COR will chair the Steering Committee. Except as set forth below, a Steering Committee member may delegate his/her duties to another employee of his/her organization. Each Party shall have the right to replace its representatives at any time during the term of this Agreement by providing written notice to the other Party. Other employees of COR or CURAGEN may attend meetings of the Steering Committee on invitation of either Party.
Composition of Steering Committee. Promptly following the Effective Date, Lonza and Xxxxxx shall establish a Steering Committee. The Steering Committee shall be comprised of equal numbers of representatives of each Party (not to exceed four representatives of each Party)
Composition of Steering Committee. The first sentence of Section 9.01(a) of the Master Agreement is amended in its entirety to read as follows: “Each of the Banks hereby irrevocably appoints Bank of America, N.A., as “Debt Coordinator”, and hereby further irrevocably appoints and constitutes the “Steering Committee”, to be comprised at any time of the Debt Coordinator and (i) JPMorgan Chase Bank, HSBC Bank USA, Deutsche Bank Trust Company Americas, The Bank of New York, The Bank of Nova Scotia and (ii) any other Bank that holds, and for so long as it holds, one of the five largest Pro Rata Shares of the Total Principal Exposure of all Banks under all Bank Facilities taken as a whole, each from time to time willing to serve on such committee (together with the Debt Coordinator, the “Steering Committee Members”): provided that (A) if at any time any of the otherwise qualifying Banks (1) is unwilling to serve on, or resigns from, the Steering Committee or (2) no longer holds any Bank Exposure (or, in the case of any Bank that is a Steering Committee Member pursuant to (ii) above, no longer holds one of the five largest Pro Rata Shares), then such Bank shall cease to be a Steering Committee Member and (B) if, following its departure, the number of Banks (excluding the Debt Coordinator) comprising the Steering Committee would be 3 or less, then such departing Bank shall be replaced by the Bank holding the next largest Pro Rata Share that is not then a Steering Committee Member and is willing to serve, and such replacing Bank is hereby so appointed as a Steering Committee Member; provided, further that that no Steering Committee Member shall be permitted to act in such capacity at any time during which such Steering Committee Member is a Defaulting Bank.”
Composition of Steering Committee. Within ten (10) days of the Closing, each party will assign two (2) of its employees involved in the marketing, sale or research concerning the Product and Licensed Improvements to serve as regular members of a Steering Committee concerning the parties interaction concerning Product and Licensed Improvement matters (the “Committee”). WFHC or Shire may replace any of its appointed representatives to the Committee without the necessity of amending this Agreement upon written notice to the other party. Other nonvoting representatives of either party may from time to time, with the consent of the Committee, be asked or permitted to participate in Committee meetings, but shall not be entitled to vote on decisions made by the Committee at such meetings.
Composition of Steering Committee. The Steering Committee will comprise:
(a) up to three senior executives of CFH nominated from time to time by CFH (each a CFH SC Representative);
(b) up to three senior executives of the Company nominated from time to time by the Company (each a Company SC Representative); and
(c) one independent person, appointed by agreement between CFH and the Company, who is to be the chairperson (the Chairperson) of the Steering Committee, or failing agreement within one month of the Commencement Date, by the President of the Institute of Directors in New Zealand (Inc). The independent member will be appointed to the Steering Committee for a three year term. Any replacement of the independent member will be appointed in the same manner as is set out in this clause 4.2(c), within 10 business days of the position falling vacant.
