Common use of Duties of JAC Clause in Contracts

Duties of JAC. The duties of the JAC shall include, but not be limited to, (a) reviewing the progress of the Pre-Phase III Development Plan; (b) discussing modifications to the Pre-Phase III Development Plan; (c) reviewing the progress of patent prosecution related to the Compound; (d) discussing a preliminary Phase III Development Plan; (e) reviewing and approving any Development, other than Required Option Development, proposed by PPD to be conducted by it during the Xxxxxxx Option Period; and (f) reviewing the progress of any Development conducted pursuant to (e) above. Xxxxxxx XXX members shall provide comments from time to time on issues that come before the JAC, including but not limited to, regarding the Option Criteria that will be important to Xxxxxxx when making its decision regarding the Xxxxxxx Option. To accomplish its objectives, the JAC will meet quarterly during the term of the Pre-Phase III

Appears in 8 contracts

Samples: Topo Development and License Agreement (Pharmaceutical Product Development Inc), Mudelta Development and License Agreement (Pharmaceutical Product Development Inc), Mudelta Development and License Agreement (Furiex Pharmaceuticals, Inc.)

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