Common use of Establishment of Research Committee Clause in Contracts

Establishment of Research Committee. Symyx and TDCC shall establish a committee (the "Research Committee") to (i) monitor technical progress in the Research Program and report progress to the Executive Committee, (ii) modify the Research Plan as needed within the scope of the Fields, (iii) establish criteria to define Lead Compounds within each Field, and (iv) recommend to the Executive Committee changes in the Fields in accordance with Section 2.4, and (v) ensure open communications between the parties.

Establishment of Research Committee. Symyx and TDCC shall establish a committee (the "“Research Committee"”) to (i) monitor technical progress in the Research Program and report progress to the Executive Committee, (ii) modify the Research Plan as needed within the scope of the Fields, (iii) establish criteria to define Lead Compounds within each Field, and (iv) recommend to the Executive Committee changes in the Fields in accordance with Section 2.4, and (v) ensure open communications between the parties.