Establishment and Functions of JSC Sample Clauses

Establishment and Functions of JSC. (a) MORPHOSYS and GPC shall establish a “Joint Steering Committee” (the “JSC”). The JSC will act on behalf of the two companies and will be responsible for the planning and monitoring of the Collaboration Program. In particular, the activities of the JSC shall include reviewing progress in the Collaboration Program and approving necessary adjustments to the Collaboration Program, including any modifications to the Collaboration Plan deemed desirable based on results, as the research and development progresses.
Sample 1
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Establishment and Functions of JSC. CHEMGENICS and WYETH-AYERST shall establish a "Joint Steering Committee" (the "JSC"). The JSC will act on behalf of the two companies and will be responsible for planning and monitoring of the R & D Program (until Pre-Project Status designation by WYETH-AYERST with respect to any individual Compound) and for setting forth specific research and development objectives, milestones, determining when milestones are met, and resource allocation requirements. In particular, the activities of the JSC shall include reviewing progress in the R & D Program and recommending necessary adjustments to the R & D Program as the research and development progresses, supervising the Project Management Team, [ ] Subject to Section 4.1, any technology in the Field to be considered for in-licensing by either party during the Research Term, as hereinafter defined, shall be initially presented to the JSC for discussion, utilizing only public, non-confidential information. Upon review of such non-confidential information, the JSC may request the further involvement of the JSC in any evaluation of such technology or may decline any such involvement. In planning and monitoring the R & D Program, the JSC shall assign tasks and responsibilities taking into account each party's respective specific capabilities and expertise in order in particular to avoid duplication and enhance efficiency and synergies.
Sample 1
Establishment and Functions of JSC. CHEMGENICS and WYETH-AYERST shall establish a "Joint Steering Committee" (the "JSC"). The JSC will act on behalf of the two companies and will be responsible for planning and monitoring of the R & D Program (until Pre-Project Status designation by WYETH-AYERST with respect to any individual Compound) and for setting forth specific research and development objectives, milestones, determining when milestones are met, and resource allocation requirements. In particular, the activities of the JSC shall include reviewing progress in the R & D Program and recommending necessary adjustments to the R & D Program as the research and development progresses, supervising the Project Management Team, [******************************************************************************* ******************************************************************************** ******************************************************************************** ******************************************************************************** ******************************************************************************** ******************************************************************************** ******************************************************************************** ******************************************************************************** ***] Subject to Section 4.1, any technology in the Field to be considered for in-licensing by either party during the Research Term, as hereinafter defined, shall be initially presented to the JSC for discussion, utilizing only public, non-confidential information. Upon review of such non-confidential information, the JSC may request the further involvement of the JSC in any evaluation of such technology or may decline any such involvement. In planning and monitoring the R & D Program, the JSC shall assign tasks and responsibilities taking into account each party's respective specific capabilities and expertise in order in particular to avoid duplication and enhance efficiency and synergies.
Sample 1

Related to Establishment and Functions of JSC

  • Establishment and Purpose The Plan was adopted by the Board of Directors on October 28, 2012, and shall be effective immediately prior to the closing of the initial offering of Stock to the public pursuant to a registration statement filed by the Company with the Securities and Exchange Commission (the “Effective Date”). The purpose of the Plan is to promote the long-term success of the Company and the creation of stockholder value by (a) encouraging Employees, Outside Directors and Consultants to focus on critical long-range objectives, (b) encouraging the attraction and retention of Employees, Outside Directors and Consultants with exceptional qualifications and (c) linking Employees, Outside Directors and Consultants directly to stockholder interests through increased stock ownership. The Plan seeks to achieve this purpose by providing for Awards in the form of restricted shares, stock units, options (which may constitute incentive stock options or nonstatutory stock options), stock appreciation rights or cash-based awards.

  • Activities of JCM The services of JCM to the Trust hereunder are not to be deemed to be exclusive, and JCM and its affiliates are free to render services to other parties. It is understood that trustees, officers and shareholders of the Trust are or may become interested in JCM as directors, officers and shareholders of JCM, that directors, officers, employees and shareholders of JCM are or may become similarly interested in the Trust, and that JCM may become interested in the Trust as a shareholder or otherwise.

  • Activities of the Local Manager The services of the Local Manager to the Fund are not to be deemed to be exclusive, the Local Manager and any person controlled by or under common control with the Local Manager (for purposes of this Article V referred to as “affiliates”) being free to render services to others. It is understood that Directors, officers, employees and shareholders of the Fund are or may become interested in the Local Manager and its affiliates, as directors, officers, employees and shareholders or otherwise and that directors, officers, employees and shareholders of the Local Manager and its affiliates are or may become similarly interested in the Fund, and that the Local Manager and directors, officers, employees, partners and shareholders of its affiliates may become interested in the Fund as shareholders or otherwise.

  • Centralized Functions The Bank of New York Mellon Corporation is a global financial organization that provides services to clients through its affiliates and subsidiaries in multiple jurisdictions (the “BNY Mellon Group”). The BNY Mellon Group may centralize functions including audit, accounting, risk, legal, compliance, sales, administration, product communication, relationship management, storage, compilation and analysis of customer-related data, and other functions (the “Centralized Functions”) in one or more affiliates, subsidiaries and third-party service providers. Solely in connection with the Centralized Functions, (i) the Fund consents to the disclosure of and authorizes the Custodian to disclose information regarding the Fund and the Accounts (“Customer-Related Data”) to the BNY Mellon Group and to its third-party service providers who are subject to confidentiality obligations with respect to such information and (ii) the Custodian may store the names and business contact information of the Fund’s employees and representatives on the systems or in the records of the BNY Mellon Group or its service providers. The BNY Mellon Group may aggregate Customer-Related Data with other data collected and/or calculated by the BNY Mellon Group, and notwithstanding anything in this Agreement to the contrary the BNY Mellon Group will own all such aggregated data, provided that the BNY Mellon Group shall not distribute the aggregated data in a format that identifies Customer-Related Data with the Fund. The Fund confirms that it is authorized to consent to the foregoing and that the disclosure and storage of information in connection with the Centralized Functions does not violate any relevant data protection legislation.

  • Duties and Functions (a) (1) The Executive shall be employed as the Chief Executive Officer and President (jointly referred to herein as “CEO”) of the Company and shall oversee, direct and manage all of the day-to-day operations of the Company. The Executive shall report directly to the Company’s Board of Directors (the “Board”).

  • Activities of ALPS The services of ALPS under this Agreement are not to be deemed exclusive, and ALPS shall be free to render similar services to others. The Fund recognizes that from time to time directors, officers and employees of ALPS may serve as directors, officers and employees of other corporations or businesses (including other investment companies) and that such other corporations and businesses may include ALPS as part of their name and that ALPS or its affiliates may enter into distribution agreements or other agreements with such other corporations and businesses.

  • ACTIVITIES OF MSS The services of MSS under this Agreement are not to be deemed exclusive, and MSS shall be free to render similar services to others so long as its services hereunder are not impaired thereby.

  • Establishment of the Bank Account 2.1 The Escrow Agent shall establish a non-interest bearing bank account at a branch of XX Xxxxxx Chase selected by the Escrow Agent, and bearing the designation set forth on the Information Sheet (heretofore defined as the “Bank Account”). The purpose of the Bank Account is for (a) the deposit of all subscription monies (checks, or wire transfers) which are received by the Underwriter from prospective purchasers of the Securities and are delivered by the Underwriter to the Escrow Agent, (b) the holding of amounts of subscription monies which are collected through the banking system, and (c) the disbursement of collected funds, all as described herein.

  • CUSTOMER SERVICE FUNCTIONS The Servicer shall handle all Customer inquiries and other Customer service matters according to the same procedures it uses to service Customers with respect to its own charges.

  • Scope of Agency Services; DST Obligations A. DST utilizing the TA2000 System will perform the following services:

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