Common use of Meetings and Minutes Clause in Contracts

Meetings and Minutes. Each Committee shall meet quarterly, or as otherwise agreed to by the Parties, with the location of such meetings alternating between locations designated by GPC Biotech and locations designated by Licensee, provided that each Committee may meet by teleconference if in-person meetings are not feasible. The chairperson of the Committee shall be responsible for calling meetings, provided that the chairperson shall call a meeting of the Committee promptly upon the reasonable request of Licensee, in the case of the JEC or JDC, or GPC Biotech, in the case of the JCC. The Parties shall provide to the other Party proposed agenda items along with appropriate information at least ten (10) Business Days in advance of each meeting of the applicable Committee; provided that under exigent circumstances requiring Committee input, a Party may provide its agenda items to the other Party within a shorter period of time in advance of the meeting, or may propose that there not be a specific agenda for a particular meeting, so long as such other Party consents to such later addition of such agenda items or the absence of a specific agenda for such Committee meeting, such consent not to be unreasonably withheld or delayed. The Party that designates the location of a meeting shall prepare and circulate for review and approval of the Parties minutes of such meeting within ten (10) Business Days after such meeting. The Parties shall agree on the minutes of each meeting promptly, but in no event later than the next meeting of the applicable Committee.

Appears in 2 contracts

Samples: Co Development and License Agreement (GPC Biotech Ag), Co Development and License Agreement (Pharmion Corp)

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Meetings and Minutes. Each Committee shall meet quarterly, or as otherwise agreed to by the Parties, with the location of such meetings alternating between locations designated by GPC Biotech Caribou and locations designated by LicenseeAbbVie, provided that each Committee may meet by teleconference if in-person such meetings are not feasibleto include the use of virtual meetings, as appropriate. The chairperson of the Committee shall be responsible for calling meetings, provided that the chairperson meetings on no less than [***] Business Days’ notice. Each Party shall call a meeting of the Committee promptly upon the reasonable request of Licensee, in the case of the JEC or JDC, or GPC Biotech, in the case of the JCC. The Parties make all proposals for agenda items and shall provide to the other Party proposed agenda items along with all appropriate information with respect to such proposed items at least ten (10) [***] Business Days in advance of each meeting of the applicable Committeemeeting; provided that that, under exigent circumstances requiring Committee inputinput by a Committee, a Party may provide its agenda items to the other Party within a shorter period of time in advance of the meeting, or may propose that there not be a specific agenda for a particular meeting, so long as such the other Party consents to such later addition of such agenda items or the absence of a specific agenda for such Committee meeting, such consent not to be unreasonably withheld withheld, conditioned or delayed. The Party that designates Following each meeting, the location of a Alliance Managers shall ensure meeting minutes are prepared and shall prepare and circulate an initial draft thereof to Committee members for review and approval of the Parties minutes of such meeting within ten (10) Business Days after such meetingcomment. The Parties Alliance Managers shall agree on ensure that the minutes of each meeting of such Committee are reviewed and approved promptly, but in no event later than the next meeting of the applicable relevant Committee.

Appears in 2 contracts

Samples: Collaboration and License Agreement (Caribou Biosciences, Inc.), Collaboration and License Agreement (Caribou Biosciences, Inc.)

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