Common use of Marketing Committee Clause in Contracts

Marketing Committee. Upon recommendation of the JDC in anticipation of the first commercial launch of one or more Products, but in any event no later than [ * ] for any Product, the Parties shall each appoint three representatives to a Marketing Committee ("MC"). A Party may replace any designee to the MC by written notice to the other Party. Such representatives will include individuals with expertise and responsibilities in the areas of sales, marketing, manufacturing or regulatory affairs. The MC will develop a marketing plan for each Product in the Co-Promotion Territory, shall oversee quality control of the Product and shall oversee operational aspects of marketing and sales in the Co-Promotion Territory following launch of each such Product, in all cases by unanimous decisions. "Tularik Territory" shall mean the countries, territories and possessions of the United States of America and Canada. "JT Territory" shall mean Japan and Korea and their territories and possessions. "Exclusive Territories" shall mean the Tularik Territory and the JT Territory. "Co-Promotion Territory" shall mean all of the countries and territories of the world other than the countries and territories within the Exclusive Territories. "Territory" shall mean the Exclusive Territories and the Co-Promotion Territory. [ * ] = Certain confidential information contained in this document, marked by brackets, has been omitted and filed separately with the Securities and Exchange Commission pursuant to Rule 406 of the Securities Act of 1933, as amended.