Common use of Formation and Composition Clause in Contracts

Formation and Composition. Within [ * ] after the Signing Date, the Parties shall establish a Joint Development Committee that shall oversee the Development and Manufacture (for Development) of Collaboration Products in Field in the Territory in accordance with the Development Plans for such Collaboration Products and to coordinate the Development and related Manufacturing activities of the Parties with respect to such Collaboration Products. Each Party shall initially appoint three (3) representatives to the JDC, each of whom will be an officer or employee of such Party and will have knowledge and expertise in the Development or Manufacture of products similar to the Collaboration Products and sufficient seniority within the applicable Party to make decisions arising within the scope of the JDC’s responsibilities. The JDC may change its size from time to time by mutual consent of its members. Each Party may replace its JDC representatives at any time upon written notice to the other Party. The JDC may invite non-members (including consultants and advisors of a Party who are under an obligation of confidentiality consistent with this Agreement) to participate in the discussions and meetings of the JDC, provided that such participants shall have no voting authority at the JDC. The JDC shall have a chairperson. Each Party shall have the right, on an alternating Calendar Year basis, to select from among its JDC representatives a representative to serve as the chairperson of the JDC during such Calendar Year. Such Party shall have the right during such Calendar Year to replace the chairperson of the JDC with one of its other JDC representatives. The initial chairperson shall be designated by [ * ]. The role of the chairperson shall be to convene and preside at meetings of the JDC, to prepare agendas (with due input from the other Party’s representatives), circulate agendas and to ensure the preparation of meeting minutes, but the chairperson shall have no additional powers or rights beyond those held by the other JDC representatives.

Formation and Composition. Within At such time as determined by the JSC, but in any event not later than [ * ] after following the Signing Date[ * ] of the [ * ], the Parties shall establish a Joint Development Commercialization Committee that shall oversee the Development Commercialization and Manufacture Manufacturing (for DevelopmentCommercialization) of Collaboration Products in Field in the Territory in accordance with the Development Plans for such Collaboration Products and to coordinate the Development and related Manufacturing activities of the Parties with respect to such Collaboration Products. Each Party shall initially appoint three (3) representatives to the JDCJCC, each of whom will be an officer or employee of such Party and will have knowledge and expertise in the Development or Manufacture Commercialization and Manufacturing of products similar to the Collaboration Products and sufficient seniority within the applicable Party to make decisions arising within with the scope of the JDCJCC’s responsibilities. The JDC JCC may change its size from time to time by mutual consent of its members. Each Party may replace its JDC JCC representatives at any time upon written notice to the other Party. The JDC JCC may invite non-members (including consultants and advisors of a Party who are under an obligation of [ * ] = Certain confidential information contained in this document, marked by brackets, has been omitted and filed separately with the Securities and Exchange Commission pursuant to Rule 24b-2 of the Securities Exchange Act of 1934, as amended. confidentiality consistent with this Agreement) to participate in the discussions and meetings of the JDCJCC, provided that such participants shall have no voting authority at the JDCJCC. The JDC JCC shall have a chairperson. Each Party shall have the right, on an alternating Calendar Year basis, to select from among its JDC JCC representatives a representative to serve as the chairperson of the JDC JCC during such Calendar Year. Such Party shall have the right during such Calendar Year to replace the chairperson of the JDC JCC with one of its other JDC JCC representatives. The initial chairperson shall be designated by [ * ]. The role of the chairperson shall be to convene and preside at meetings of the JDCJCC, to prepare agendas (with due input from the other Party’s representatives), circulate agendas and to ensure the preparation of meeting minutes, but the chairperson shall have no additional powers or rights beyond those held by the other JDC JCC representatives.

Formation and Composition. Within [ * [*] after the Signing Date, the Parties shall establish a Joint Development Committee that shall oversee the Development and Manufacture (for Development) of Collaboration Products in Field in the Territory in accordance with the Development Plans for such Collaboration Products and to coordinate the Development and related Manufacturing activities of the Parties with respect to such Collaboration Products. Each Party shall initially appoint three (3) representatives to the JDC, each of whom will be an officer or employee of such Party and will have knowledge and expertise in the Development or Manufacture of products similar to the Collaboration Products and sufficient seniority within the applicable Party to make decisions arising within the scope of the JDC’s responsibilities. The JDC may change its size from time to time by mutual consent of its members. Each Party may replace its JDC representatives at any time upon written notice to the other Party. The JDC may invite non-members (including consultants and advisors of a Party who are under an obligation of confidentiality consistent with this Agreement) to participate in the discussions and meetings of the JDC, provided that such participants shall have no voting authority at the JDC. The JDC shall have a chairperson. Each Party shall have the right, on an alternating Calendar Year basis, to select from among its JDC representatives a representative to serve as the chairperson of the JDC during such Calendar Year. Such Party shall have the right during such Calendar Year to replace the chairperson of the JDC with one of its other JDC representatives. The initial chairperson shall be designated by [ * [*]. The role of the chairperson shall be to convene and preside at meetings of the JDC, to prepare agendas (with due input from the other Party’s representatives), circulate agendas and to ensure the preparation of meeting minutes, but the chairperson shall have no additional powers or rights beyond those held by the other JDC representatives.

Formation and Composition. Within [ * ] after At such time as determined by the Signing DateJSC, but in any event not later than [*], the Parties shall establish a Joint Development Commercialization Committee that shall oversee the Development Commercialization and Manufacture Manufacturing (for DevelopmentCommercialization) of Collaboration Products in Field in the Territory in accordance with the Development Plans for such Collaboration Products and to coordinate the Development and related Manufacturing activities of the Parties with respect to such Collaboration Products. Each Party shall initially appoint three (3) representatives to the JDCJCC, each of whom will be an officer or employee of such Party and will have knowledge and expertise in the Development or Manufacture Commercialization and Manufacturing of products similar to the Collaboration Products and sufficient seniority within the applicable Party to make decisions arising within with the scope of the JDCJCC’s responsibilities. The JDC JCC may change its size from time to time by mutual consent of its members. Each Party may replace its JDC JCC representatives at any time upon written notice to the other Party. The JDC JCC may invite non-members (including consultants and advisors of a Party who are under an obligation of confidentiality consistent with this Agreement) to participate in the discussions and meetings of the JDCJCC, provided that such participants shall have no voting authority at the JDCJCC. The JDC JCC shall have a chairperson. Each Party shall have the right, on an alternating Calendar Year basis, to select from among its JDC JCC representatives a representative to serve as the chairperson of the JDC JCC during such Calendar Year. Such Party shall have the right during such Calendar Year to replace the chairperson of the JDC JCC with one of its other JDC JCC representatives. The initial chairperson shall be designated by [ * ]. The role of the chairperson shall be to convene and preside at meetings of the JDCJCC, to prepare agendas (with due input from the other Party’s representatives), circulate agendas and to ensure the preparation of meeting minutes, but the chairperson shall have no additional powers or rights beyond those held by the other JDC JCC representatives.

Formation and Composition. Within At such time as determined by the JSC, but in any event not later than [ * ] after the Signing Date], the Parties shall establish a Joint Development Commercialization Committee that shall oversee the Development Commercialization and Manufacture Manufacturing (for DevelopmentCommercialization) of Collaboration Products in Field in the Territory in accordance with the Development Plans for such Collaboration Products and to coordinate the Development and related Manufacturing activities of the Parties with respect to such Collaboration Products. Each Party shall initially appoint three (3) representatives to the JDCJCC, each of whom will be an officer or employee of such Party and will have knowledge and expertise in the Development or Manufacture Commercialization and Manufacturing of products similar to the Collaboration Products and sufficient seniority within the applicable Party to make decisions arising within with the scope of the JDCJCC’s responsibilities. The JDC JCC may change its size from time to time by mutual consent of its members. Each Party may replace its JDC JCC representatives at any time upon written notice to the other Party. The JDC JCC may invite non-members (including consultants and advisors of a Party who are under an obligation of confidentiality consistent with this Agreement) to participate in the discussions and meetings of the JDCJCC, provided that such participants shall have no voting authority at the JDCJCC. The JDC JCC shall have a chairperson. Each Party shall have the right, on an alternating Calendar Year basis, to select from among its JDC JCC representatives a representative to serve as the chairperson of the JDC JCC during such Calendar Year. Such Party shall have the right during such Calendar Year to replace the chairperson of the JDC JCC with one of its other JDC JCC representatives. The initial chairperson shall be designated by [ * ]. The role of the chairperson shall be to convene and preside at meetings of the JDCJCC, to prepare agendas (with due input from the other Party’s representatives), circulate agendas and to ensure the preparation of meeting minutes, but the chairperson shall have no additional powers or rights beyond those held by the other JDC JCC representatives. [ * ] = Certain confidential information contained in this document, marked by brackets, has been omitted and filed separately with the Securities and Exchange Commission pursuant to Rule 24b-2 of the Securities Exchange Act of 1934, as amended.