Common use of JSC Subcommittees Clause in Contracts

JSC Subcommittees. The JSC will be entitled to form subcommittees to which it may delegate responsibilities, such as a joint research committee, a joint development committee, a joint manufacturing committee, a joint finance committee, a joint patent committee, or, in the case of the exercise of the Development and Commercialization Option by Codiak, a joint commercialization committee. Any such subcommittees will be governed by rules established by the JSC and may make such decisions in lieu of the JSC as delegated by the JSC.

Appears in 3 contracts

Samples: Collaboration and License Agreement (Codiak BioSciences, Inc.), Collaboration and License Agreement (Codiak BioSciences, Inc.), Collaboration and License Agreement (Codiak BioSciences, Inc.)

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JSC Subcommittees. The JSC will be entitled to form subcommittees to which it may delegate responsibilities, such as a joint research committee, a joint development committee, a joint manufacturing committee, a joint finance committee, a joint patent committee, ormay, in its discretion, establish subcommittees or working subgroups from time to time to handle specific matters within the case scope of the exercise JSC’s area of the Development authority and Commercialization Option by Codiak, a joint commercialization committeeresponsibility. Any Such subcommittees or subgroups shall have such subcommittees will be governed by rules established authority and responsibility as determined by the JSC from time to time, and may make decisions and recommendations of any such decisions subcommittee or subgroup shall be made in lieu of the JSC as delegated by the JSCaccordance with Section 3.4 and Section 3.5.

Appears in 2 contracts

Samples: Research Collaboration and Option Agreement (Seres Therapeutics, Inc.), Collaboration and License Agreement (Seres Therapeutics, Inc.)

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JSC Subcommittees. The JSC will be entitled to form subcommittees to which it may delegate responsibilities, such as a joint research committee, a joint development committee, a joint manufacturing committee, a joint finance committee, a joint patent committee, or, in the case of the exercise of the Development and Commercialization Option by Codiak, a joint commercialization committee. Any provided that such subcommittees will be governed by rules established by the JSC and may are not permitted to make such decisions any decision in lieu of the JSC as delegated by the JSC.

Appears in 2 contracts

Samples: Collaboration and License Agreement (Ablynx NV), Collaboration and License Agreement (Ablynx NV)

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