Common use of Meetings; Voting Clause in Contracts

Meetings; Voting. The ASC shall meet in connection with each Milestone Achievement Date and as needed to determine whether the related Milestone has been achieved, but in any event no fewer than [**] times per year, at the place and in the manner determined jointly by the Team Leaders. All decisions of the ASC shall be made by the affirmative vote of the members appointed by the Company (who shall each be entitled to cast one vote) and the members appointed by CFFTI (who shall each be entitled to cast one vote), and the ASC may act so long as at least two members appointed by the Company and two members appointed by CFFTI are present at a meeting or execute a written consent, in lieu thereof. Decisions of the ASC are binding on the Parties and may be made at (i) a regularly scheduled meeting (including via teleconference or video conference) or (ii) at a special meeting called by the Team Leaders or (iii) by written consent of at least two members appointed by the Company and two members appointed by CFFTI. Persons other than members of the ASC may be present at meetings of the ASC (and their expenses shall be borne by the Party requesting such Person's presence) if [************************] or the ASC determines that it is necessary or appropriate and, if requested by either Party, provided such Person or Persons agree to execute appropriate confidentiality agreements in a form agreed upon by the Parties prior to attendance at such meeting.