Common use of Members; Officers Clause in Contracts

Members; Officers. Immediately after the Effective Date, the Parties shall establish a joint manufacturing committee (the "Joint Manufacturing Committee" or "JMC"), which shall consist of an equal number of representatives from each of the Company and BMS, up to a maximum total of eight members on such Committee. Each of the Company and BMS may replace any or all of its representatives on the JMC at any time upon written notice to the other in accordance with Section 16.5 of this Agreement. Such representatives shall be comprised of members of senior management of each such Party with expertise in manufacturing. Any member of the JMC may designate a substitute to temporarily attend and perform the functions of that member at any meeting of the JMC. The Company and BMS each may, in its discretion, invite non-member representatives of such Party to attend meetings of the JMC. Except as provided in Section 8.12(f), the JMC shall be chaired by a representative of the Company. The secretary of the JMC shall be a representative of BMS.

Appears in 3 contracts

Samples: Distribution and Supply Agreement, Distribution and Supply Agreement (Imclone Systems Inc/De), Distribution and Supply Agreement (Imclone Systems Inc/De)

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Members; Officers. Immediately after the Effective Date, the Parties shall establish a joint manufacturing committee (the "Joint Manufacturing CommitteeJOINT MANUFACTURING COMMITTEE" or "JMC"), which shall consist of an equal number of representatives from each of the Company and BMS, up to a maximum total of eight members on such Committee. Each of the Company and BMS may replace any or all of its representatives on the JMC at any time upon written notice to the other in accordance with Section 16.5 of this Agreement. Such representatives shall be comprised of members of senior management of each such Party with expertise in manufacturing. Any member of the JMC may designate a substitute to temporarily attend and perform the functions of that member at any meeting of the JMC. The Company and BMS each may, in its discretion, invite non-member representatives of such Party to attend meetings of the JMC. Except as provided in Section 8.12(f), the JMC shall be chaired by a representative of the Company. The secretary of the JMC shall be a representative of BMS.

Appears in 1 contract

Samples: Distribution and Supply Agreement (Bristol Myers Squibb Co)

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