Common use of Function and Powers of the JCC Clause in Contracts

Function and Powers of the JCC. During the Merck Participation Term for a given Program, without limiting the generality of this Section 2.7, the JCC shall have the following specific responsibilities for such Program: (i) review and comment on the global Commercialization strategy for such Program; (ii) review and comment on the Global Commercialization Plan for such Program, including the Global Commercialization Budget; (iii) as necessary, periodically request a review of the overall commercial strategy for such Program, and request Merck prepare and submit an updated global Commercialization strategy for such Program for review by the JCC; (iv) discuss the Commercialization activities under the Global Commercialization Plan for such Program; (v) facilitate the flow of information between the Parties with respect to the Commercialization of Collaboration Products for such Program; (vi) review and discuss strategies with respect to Medical Affairs and Pricing Matters for Collaboration Products in the Territory for such Program to the extent not prohibited by applicable Law; and (vii) [***], coordinating Co-Promotion in the U.S. in accordance with the terms and conditions of this Agreement and the Co-Promotion Agreement for such Program.