Common use of Exclusion of a Member Clause in Contracts

Exclusion of a Member. The Steering Committee may decide by a Qualified Majority to exclude a Member with immediate effect in the event of a material breach of this Agreement, including a breach of the confidentiality provisions of this Agreement, or if the Member is in Default and such Default has not been cured as specified in Article 5.9 below.

Appears in 4 contracts

Samples: Consortium Agreement, Consortium Agreement, Consortium Agreement

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.