Common use of Joint Intellectual Property Committee Clause in Contracts

Joint Intellectual Property Committee. Promptly after the Effective Date, the JSC shall establish a Joint IP Committee (“JIPC”). The JIPC shall have primary responsibility for establishing a strategy for the prosecution, maintenance and enforcement of intellectual property rights relating to the Collaboration Product, together with such other matters as are delegated to the JIPC by the JSC. The JIPC shall have primary responsibility for the matters set forth in Section 3.1.2(k), together with such other matters as are delegated to the JIPC by the JSC.

Joint Intellectual Property Committee. Promptly after the Effective Date, the JSC shall establish a Joint IP Committee (“JIPC”). The JIPC shall have primary responsibility for establishing a strategy for the prosecution, maintenance and enforcement of intellectual property rights relating to the Collaboration Product, together with such other matters as are delegated to the JIPC by the JSC. The JIPC shall have primary responsibility for the matters set forth in Section 3.1.2(k), together with such other matters as are delegated to the JIPC by the JSC.. ​