Global Brand Team Sample Clauses

Global Brand Team. Not later than six months prior to the commencement of Phase III Clinical Trials for any Drug Product Candidate, NOVARTIS will form a Global Brand Team ("GBT"), which will include one representative designated by VERTEX; provided, however, [***]. Additional GBT's, which shall also include one VERTEX representative, may be established from time to time in connection with the marketing of additional Drug Product Candidates. The GBT (or its successor organization, as designated by NOVARTIS) will be the principal organization through which the marketing of a Drug Product is planned, administered, evaluated and effected, subject to appropriate review at senior management levels as required by NOVARTIS. NOVARTIS will appoint the chair of the GBT, who will normally be the Brand Director. The GBT will periodically meet as necessary, depending on the level of marketing activity at the time.

Global Brand Team. At least * * * * * prior to the anticipated filing for Regulatory Approval, or except as otherwise mutually agreed by the Parties, , a Global Brand Team (“GBT”) will be established. * * * * *.

Global Brand Team. (a) Within thirty (30) Business Days after the Effective Date, the Parties will form a team (the "Global Brand Team") whose mandate will be to (i) make strategic and operational recommendations to the Joint Steering Committee on matters relating to the Commercialization of Compound and Product in the Field in the Territory; (ii) draft the initial Global Marketing Plan, and update such Global Marketing Plan during each Calendar Year and obtain the Joint Steering Committee's approval of any such updates to the Global Marketing Plan, as provided in Section 5.1; and (iii) oversee the Commercialization of Product in the Field in the Territory by the Parties as provided in Article 5. (b) Each Party will designate at least three (3), but not more than five (5) representatives for membership on the Global Brand Team. Each Party may, from time to time and in their sole discretion, determine from which departments of such Party representatives on the Global Brand Team will come. Each Party will have one (1) vote on each matter brought before the Global Brand Team. At least three (3) members from each Party (or their designees with the authority to make decisions on behalf of such Party) must be present at a meeting of the Global Brand Team to represent a quorum for voting purposes. Either Party may from time to time and in their sole discretion include additional non-voting ad-hoc representatives to participate in Global Brand Team meetings to address specific issues. The Global Brand Team will be co-chaired by a Myogen member and a GSK member. (c) The first meeting of the Global Brand Team will be a face to face meeting at a location agreed to by the Parties and will occur within twenty (20) Business Days after formation of the Global Brand Team. The purpose of the initial meeting will be to agree on an operational charter that will set forth the principles and guidelines for the governance and operation of the Global Brand Team (how the co-chairs of the Global Brand Team will share responsibilities for determining meeting agendas and the drafting of minutes, etc.). Thereafter, meetings will be held at least once during each Calendar Quarter, or more or less frequently as the Global Brand Team members may agree. The location of such meetings will alternate between sites selected by Myogen and GSK, unless otherwise agreed upon between the Parties. Global Brand Team meetings need not necessarily be face-to-face meetings but, upon the agreement of both Parties, can be...

Global Brand Team