Common use of Joint Research Team Clause in Contracts

Joint Research Team. (a) A joint research team will be established within thirty (30) days after the full execution of this Agreement, responsible for regular coordination and monitoring of the research activities as well as patent related activities (the "Joint Research Team"). The Joint Research Team will consist of at least two (2) individuals from each of SB and Corixa. To facilitate such coordination, the parties will share all research data generated in this collaboration with each other on a prompt and regular basis, which shall be at a minimum, every three (3) months during quarterly meetings to be held alternatively at Seattle and Rixensart. In addition, Corixa shall provide SB with written monthly reports on the progress of the Research Program. The data generated shall be subject to the confidentiality provisions of Section 11 of this Agreement. The Joint Research Team will review the Research Program annually, implement any mutually agreeable modifications and make recommendations related to possible Research Program extensions to the respective senior management teams of each company. In the event that the members of the Joint Research Team are unable to agree on a particular course of action, any such disagreement shall be resolved in good faith by the CEO of Corixa and the Senior Vice President and General Manager of SB together, respectively. In case the disagreement relates to the appropriateness of filing a patent application on any invention arising out of the Research Program, each party hereto shall be given an opportunity to file for applications in its own right and in its own name and shall bear the expenses thereof. (b) From the amounts specified in Paragraph 5(a) Corixa shall allocate U.S. [***] U.S. dollars) to the performance of the Research Program for the [***]. In the event the amounts specified have not been dedicated fully to the Research Program, the Joint Research Team will decide how these amounts shall be allocated by Corixa to a further usage of the Research Program. On an annual basis, Corixa shall provide to the Joint Research Team a report in reasonable detail setting forth the use of funds provided by SB to Corixa under Paragraph 5(a) of this Agreement.

Appears in 1 contract

Samples: Breast Cancer Collaboration and License Agreement (Corixa Corp)

AutoNDA by SimpleDocs

Joint Research Team. (a) A joint research team will be established within thirty (30) days after the full execution of this Agreement, responsible for regular coordination and monitoring of the research activities as well as patent related activities (the "Joint Research Team"). The Joint Research Team will consist of at least two (2) individuals from each of SB and Corixa. To facilitate such coordination, the parties will share all research data generated in this collaboration with each other on a prompt and regular basis, which shall be at a minimum, every three (3) months during quarterly meetings to be held alternatively at Seattle and Rixensart. In addition, Corixa shall provide SB with written monthly reports on the progress of the Research Program. The data generated shall be subject to the confidentiality provisions of Section 11 of this Agreement. The Joint Research Team will review the Research Program annually, implement any mutually agreeable modifications and make recommendations related to possible Research Program extensions to the respective senior management teams of each company. In the event that the members of the Joint Research Team are unable to agree on a particular course of action, any such disagreement shall be resolved in good faith by the CEO of Corixa and the Senior Vice President and General Manager of SB together, respectively. In case the disagreement relates to the appropriateness of filing a patent application on any invention arising out of the Research Program, each party hereto shall be given an opportunity to file for applications in its own right and in its own name and shall bear the expenses thereof. (b) From the amounts specified in Paragraph 5(a) Corixa shall allocate U.S. $[***] U.S. dollars) to the performance of the Research Program for the [***]first two (2) years. In the event the amounts specified have not been dedicated fully to the Research Program, the Joint Research Team will decide how these amounts shall be allocated by Corixa to a further usage of the Research Program. On an annual basis, Corixa shall provide to the Joint Research Team a report in reasonable detail setting forth the use of funds provided by SB to Corixa under Paragraph 5(a) of this Agreement.

Appears in 1 contract

Samples: Prostate Cancer Collaboration and License Agreement (Corixa Corp)

Joint Research Team. (a) A joint research team will be established within thirty (30) days after the full execution of this Agreement, responsible for regular coordination and monitoring of the research activities as well as patent related activities (the "Joint Research Team"). The Joint Research Team will consist of at least two (2) individuals from each of SB and Corixa. To facilitate such coordination, the parties will share all research data generated in this collaboration with each other on a prompt and regular basis, which shall be at a minimum, every three (3) months during quarterly meetings to be held alternatively at Seattle and Rixensart. In addition, Corixa shall provide SB with written monthly reports on the progress of the Research Program. The data generated shall be subject to the confidentiality provisions of Section 11 of this Agreement. The Joint Research Team will review the Research Program annually, implement any mutually agreeable modifications and make recommendations related to possible Research Program extensions to the respective senior management teams of each company. In the event that the members of the Joint Research Team are unable to agree on a particular course of action, any such disagreement shall be resolved in good faith by the CEO of Corixa and the Senior Vice President and General Manager of SB together, respectively. In case the disagreement relates to the appropriateness of filing a patent application on any invention arising out of the Research Program, each party hereto shall be given an opportunity to file for applications in its own right and in its own name and shall bear the expenses thereof. (b) From the amounts specified in Paragraph 5(a) Corixa shall allocate U.S. [***] U.S. dollars) to the performance of the Research Program for the [***]first two (2) years. In the event the amounts specified have not been dedicated fully to the Research Program, the Joint Research Team will decide how these amounts shall be allocated by Corixa to a further usage of the Research Program. On an annual basis, Corixa shall provide to the Joint Research Team a report in reasonable detail setting forth the use of funds provided by SB to Corixa under Paragraph 5(a) of this Agreement.

Appears in 1 contract

Samples: Breast Cancer Collaboration and License Agreement (Corixa Corp)

AutoNDA by SimpleDocs

Joint Research Team. (a) A joint research team will be established within thirty (30) days after the full execution of this Agreement, responsible for regular coordination and monitoring of the research activities as well as patent related activities (the "Joint Research Team"). The Joint Research Team will consist of at least two (2) individuals from each of SB and Corixa. To facilitate such coordination, the parties will share all research data generated in this collaboration with each other on a prompt and regular basis, which shall be at a minimum, every three (3) months during quarterly meetings to be held alternatively at Seattle and Rixensart. In addition, Corixa shall provide SB with written monthly reports on the progress of the Research Program. The data generated shall be subject to the confidentiality provisions of Section 11 of this Agreement. The Joint Research Team will review the Research Program annually, implement any mutually agreeable modifications and make recommendations related to possible Research Program extensions to the respective senior management teams of each company. In the event that the members of the Joint Research Team are unable to agree on a particular course of action, any such disagreement shall be resolved in good faith by the CEO of Corixa and the Senior Vice President and General Manager of SB together, respectively. In case the disagreement relates to the appropriateness of filing a patent application on any invention arising out of the Research Program, each party hereto shall be given an opportunity to file for applications in its own right and in its own name and shall bear the expenses thereof. (b) From the amounts specified in Paragraph 5(a) Corixa shall allocate U.S. $[***] U.S. dollars) to the performance of the Research Program for the [***]. In the event the amounts specified have not been dedicated fully to the Research Program, the Joint Research Team will decide how these amounts shall be allocated by Corixa to a further usage of the Research Program. On an annual basis, Corixa shall provide to the Joint Research Team a report in reasonable detail setting forth the use of funds provided by SB to Corixa under Paragraph 5(a) of this Agreement.

Appears in 1 contract

Samples: Prostate Cancer Collaboration and License Agreement (Corixa Corp)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!