Common use of Joint Executive Committee Clause in Contracts

Joint Executive Committee. As of the Effective Date, the Parties have established a joint executive committee (the “Joint Executive Committee” or the “JEC”), composed of an equal number of up to [ * ] senior officers/representatives of each Party, to oversee and guide the strategic direction of the collaboration of the Parties under this Agreement. The JEC shall act as a joint consultative body and to the extent expressly provided herein, a joint decision-making body. The JEC in particular shall:

Appears in 3 contracts

Samples: Collaboration and License Agreement (Exelixis, Inc.), Collaboration and License Agreement (Exelixis, Inc.), Collaboration and License Agreement (Exelixis, Inc.)

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Joint Executive Committee. As of Upon the Effective Date, the Parties have established shall appoint a joint executive committee (the “Joint Executive Committee” or Committee (the “JEC”), composed which shall be the primary forum for exchange of an equal number of up to [ * ] senior officers/representatives of each Party, to oversee information between the Parties in the development and guide the strategic direction commercialization of the collaboration of the Parties under this AgreementProduct. The JEC shall act as a joint consultative body and to have the extent expressly provided herein, a joint decision-making body. The JEC in particular shallfollowing responsibilities:

Appears in 1 contract

Samples: License Agreement (Durect Corp)

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