Exploratory Team Clause Samples

Exploratory Team. Promptly after the Effective Date, the Parties shall form an Exploratory Team. The Exploratory Team shall be composed of employees from AMYRIS and Seconded Employees (the number of FTEs to be set by the Joint Steering Committee and the persons will be proposed by the employer-Party and approved by the Joint Steering Committee, approval not to be unreasonably withheld), and shall be located at AMYRIS Laboratory Facilities in Emeryville, CA. The Parties shall allocate competent employees to work on the Exploratory Team with relevant competencies, skills and experience and such employees may be rotated from time to time, including in light of such relevant competencies, skills and experience. The Exploratory Team shall be responsible for, among other things: (i) Exploring and evaluating New Technology opportunities; (ii) Exploratory research work in order to identify possible Compounds that could be proposed as Candidate Compounds; (iii) Proposing Compounds to the Joint Steering Committee to be selected as Candidate Compounds; (iv) Preparing the Screening Plan for its submission to the Joint Steering Committee; (v) Conducting the Screening Activities; and (vi) Preparing reports to the Joint Steering Committee, indicating the progress and status of the Screening Activities as well as any exploratory research work and selection activities.