Common use of PatentBook Advisory Board Clause in Contracts

PatentBook Advisory Board. To better serve both Publishers and Subscriber (Licensee)s, a PatentBook Advisory Board specific to this PatentBook consisting of one (1) representative from significant Publishers and Subscriber (Licensee)s in key markets and/or regions, up to a maximum of 13 people, will be formed. The PatentBook Advisory Board will meet once per calendar year or as otherwise agreed by its members. The PatentBook Advisory Board will provide information to help the PatentBook Administrator set Subscriber (Licensee) rates, suggest marketing strategies, and identify any potential issues or disputes in the PatentBook operation and administration. PatentBook Advisory Board views, counsel, and recommendations will be considered by the PatentBook Administrator. The PatentBook Administrator remains independent and free to make its own decisions regarding Subscriber (Licensee) rates and other PatentBook administrative and operational changes.