Common use of JRC Responsibilities Clause in Contracts

JRC Responsibilities. The JRC shall provide general oversight on the Collaboration activities during the Research Term and serve to facilitate communications between the Parties, and shall have specific responsibilities for: 2.3.1 monitoring activities under each SOW; 2.3.2 forming any subcommittee as it or the Parties deem appropriate or necessary, deciding the scope of responsibilities of any subcommittee, supervising the subcommittees and resolving issues and disputes submitted by any subcommittee; 2.3.3 reviewing and recommending any amendments to any SOW (including the proposed research activities and budgets); 2.3.4 periodic review of the overall goals and strategy of the Collaboration; 2.3.5 providing strategic direction to Aarvik’s activities under the Collaboration to ensure the delivery of Compounds suitable for further preclinical development; 2.3.6 reviewing the relevant Data Package(s); 2.3.7 discussing the suitability of any Compounds for Development; 2.3.8 reviewing and implementing patenting and Intellectual Property Right protection strategies on Compounds and other Collaboration IP; 2.3.9 discussing any patentability or freedom-to-operate issue about the Compound(s); 2.3.10 facilitating access to and the exchange of information between the Parties related to the Collaboration activities, including monitoring and approving the exchange of relevant information and data between the Parties as required for the performance of any SOW; 2.3.11 discussing certain payments described in Section 6.2.2 and 6.2.3 below; and 2.3.12 such other responsibilities as may be assigned to the JRC pursuant to this Agreement or as may be mutually agreed upon by the Parties from time to time.

Appears in 4 contracts

Samples: Research Collaboration Agreement (ArriVent Biopharma, Inc.), Research Collaboration Agreement (ArriVent Biopharma, Inc.), Research Collaboration Agreement (ArriVent Biopharma, Inc.)

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