Common use of Formation of the Joint Steering Committee Clause in Contracts

Formation of the Joint Steering Committee. The collaborative effort conducted hereunder shall be conducted under the overall direction of a Joint Steering Committee comprised of [ * ] members. [ * ]members shall be appointed by each of LILLY and RPI not later than thirty (30) days after the Effective Date. All decisions of the Joint Steering Committee shall be unanimous. Either party may change its representation on the Joint Steering Committee at any time by written notice to the other. The JSC shall hold meetings at least four times annually in person, by telephone or video-conference by previous agreement. The Parties shall assume all meeting costs of their representatives to the JSC. Minutes shall be kept of all Joint Steering Committee meetings and circulated to the parties for approval. Minutes shall be deemed approved unless any member of the Joint Steering Committee objects to the accuracy of such minutes within five (5) days of receipt.

Formation of the Joint Steering Committee. The collaborative effort conducted hereunder shall be conducted under the overall direction of a Joint Steering Committee comprised of [ * ] members. [ * ]] members shall be appointed by each of LILLY and RPI not later than thirty (30) days after the Effective Date. All decisions of the Joint Steering Committee shall be unanimous. Either party may change its representation on the Joint Steering Committee at any time by written notice to the other. The JSC shall hold meetings at least four [ * ]times annually in person, by telephone or video-conference by previous agreement. The Parties shall assume all meeting costs of their representatives to the JSC. Minutes shall be kept of all Joint Steering Committee meetings and circulated to the parties for approval. Minutes shall be deemed approved unless any member of the Joint Steering Committee objects to the accuracy of such minutes within five (5) days of receipt.

Formation of the Joint Steering Committee. The collaborative effort conducted hereunder shall be conducted under the overall direction of a Joint Steering Committee comprised of [ * ] members. [ * ]] members shall be appointed by each of LILLY and RPI not later than thirty (30) days after the Effective Date. All decisions of the Joint Steering Committee shall be unanimous. Either party may change its representation on the Joint Steering Committee at any time by written notice to the other. The JSC shall hold meetings at least four [ * ]times annually in person, by telephone or video-video- conference by previous agreement. The Parties shall assume all meeting costs of their representatives to the JSC. Minutes shall be kept of all Joint Steering Committee meetings and circulated to the parties for approval. Minutes shall be deemed approved unless any member of the Joint Steering Committee objects to the accuracy of such minutes within five (5) days of receipt.. 3.3