Common use of Joint Manufacturing Committee Clause in Contracts

Joint Manufacturing Committee. Within thirty (30) calendar days following the Effective Date, the Parties shall establish a Joint Manufacturing Committee to oversee the manufacturing and Delivery of Product under this Agreement (the “JMC”). The JMC shall be composed of five (5) Representatives from each Party or its Affiliates (each Representative as selected by such Party in its sole discretion), and shall meet (whether in person or by teleconference) twice per calendar year starting from the Effective Date to ensure the orderly fulfillment of both Parties’ obligations under this Agreement.

Joint Manufacturing Committee. (a) Within thirty (30) calendar days following after the Effective Date, the Parties shall establish form a Joint Manufacturing Committee to oversee the manufacturing and Delivery of Product under this Agreement (the “JMC”)) to focus on and manage the manufacturing of the Product for the Initial Indications and, if applicable, Additional Indications and/or New Formulations in the Initial Territory. The JMC shall be composed of five two (52) Representatives from management representatives appointed by each Party or its Affiliates (Such representatives may be management representatives of each Representative as selected by such Party in its sole discretionParty’s Affiliates.), and shall meet (whether in person or by teleconference) twice per calendar with a rotating chairman each year; the chairman for the first year starting will be from SPI. All decision of the Effective Date to ensure the orderly fulfillment of both Parties’ obligations under this AgreementJMC will be unanimous.