Common use of JRC Clause in Contracts

JRC. The parties shall establish a Joint Research Committee ("JRC") within thirty (30) days of the EFFECTIVE DATE to administer the RESEARCH PROGRAM. Each party shall present one consolidated view and have one vote on any issue. All decisions of the JRC must be unanimous.

Appears in 4 contracts

Samples: Research and License Agreement (Kosan Biosciences Inc), Research and License Agreement (Kosan Biosciences Inc), Research and License Agreement (Kosan Biosciences Inc)

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JRC. The parties shall establish a Joint Research Committee ("JRC") within thirty (30) days of the EFFECTIVE DATE to administer the RESEARCH PROGRAM and provide general oversight and direction of the RESEARCH PROGRAM. Each party The JRC shall present one consolidated view be responsible for making changes to the RESEARCH PLAN based on the results of the RESEARCH PROGRAM and have one vote other factors. The JRC shall endeavor to make decisions on any issue. All a consensus basis, but all decisions of the JRC must be unanimousby majority vote.

Appears in 1 contract

Samples: Research and License Agreement (Kosan Biosciences Inc)

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JRC. The parties shall establish a Joint Research Committee ("β€œJRC"”) within thirty (30) days of the EFFECTIVE DATE to administer the RESEARCH PROGRAM. Each party shall present one consolidated view and have one vote on any issue. All decisions of the JRC must be unanimous.

Appears in 1 contract

Samples: Research and License Agreement (Kosan Biosciences Inc)

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