Common use of Overall Management Structure Clause in Contracts

Overall Management Structure. The overall management of the collaboration shall be vested in the Joint Steering Committee (the “JSC”), which will monitor and oversee the Parties’ activities under this Agreement and facilitate communications between the Parties with respect to the Development and Commercialization of the Licensed Products. The JSC may establish one (1) or more other committees that report to the JSC and assist the JSC in managing and directing the collaboration. Any committees formed beyond the JSC shall be subordinate to the JSC, shall have such membership and responsibilities as the JSC may determine, and may be disbanded by the JSC at any time.

Overall Management Structure. The overall management of the collaboration Collaboration shall be vested in the Joint Steering Committee (the “JSC”), which will monitor with responsibility, as further discussed in Section 2.2(b), for establishing the strategic direction of the Collaboration and oversee for managing and directing the Parties’ activities under this Agreement research, development and facilitate communications between commercialization efforts of the Parties with respect to under the Development and Commercialization of the Licensed ProductsCollaboration. The JSC may establish one (1) or more other committees that report to the JSC and assist the JSC in managing and directing the collaborationCollaboration. Any committees formed beyond the JSC shall be subordinate to the JSC, shall have such membership and responsibilities as the JSC may determine, and may be disbanded by the JSC at any time.formed