Common use of Decisions of the JSC Clause in Contracts

Decisions of the JSC. Each Party’s representatives to the JSC shall, collectively, have one (1) vote in all decisions within the JSC’s authority. The JSC shall attempt to make decisions by reaching agreement. In the event of a disagreement regarding any matter within the JSC’s authority under Section 2.1.4, either Party may refer such matter to the CEOs of the Parties (or the designees of the respective CEOs), who shall discuss such matter in good faith. If the CEOs or their designees, if applicable, are unable to resolve the matter within thirty (30) days after the date of such referral, then either Party may elect to resolve such matter as a Dispute pursuant to Article 13: .

Appears in 6 contracts

Samples: License Agreement (Inhibrx, Inc.), License Agreement (Inhibrx, Inc.), License Agreement (Inhibrx, Inc.)

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