Product Committee Sample Clauses

Product Committee. The Product Committee shall have overall responsibility to monitor, coordinate and oversee the parties' activities relating to the Product in the Territory, including, without limitation, the specific responsibilities set forth in Sections 4.1(a)(i) and 4.1(a)(ii). Each party will appoint three (3) representatives to the Product Committee, or such greater number as the Product Committee may determine from time to time; provided that two (2) representatives from each party shall constitute a quorum. These representatives shall have appropriate technical credentials and knowledge, and shall be senior representatives selected from each of the following areas: clinical development, marketing/general management and regulatory. Each party from time to time may substitute one or more of its representatives, in its sole discretion, effective upon notice to the other party of such change. The Product Committee may from time to time and in its sole discretion create ad hoc sub-committees and delegate certain aspects of its responsibilities to such sub-committees. The Product Committee will meet on a quarterly basis, or more frequently if necessary, at mutually agreeable times and locations, to discuss any matters or issues involving the Product, including, but not limited to, matters arising under Sections 4.1(a)(i) and 4.1(a)(ii), the manufacture of the Product and the ways and means of most effectively implementing this Agreement. The Product Committee shall be co-chaired by a representative of Centocor and a representative of Schering-Plough. The Co-Chairpersons shall be responsible for calling meetings, preparing agendas and preparing and issuing minutes of each meeting within thirty (30) days thereafter. Meeting minutes will be countersigned by a Product Committee representative from each of Schering-Plough and Centocor. All decisions of the Product Committee shall be made with a quorum of the members present, and shall be based on an unanimous vote with Schering-Plough and Centocor each having one (1) vote. Additional non-voting representatives or consultants may from time to time be invited by either party to attend and participate in Product Committee meetings (e.g., to evaluate and advise on business or scientific issues). Each party shall ensure that any of its third party consultants attending a Product Committee meeting have entered into a suitable agreement containing confidentiality and non-use provisions substantially the same as those contained in th...
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Product Committee. (a) The Access Seeker will, after having executed an Access Agreement, be invited to participate in a committee with other Access Seekers run and facilitated by DNB on a half-yearly basis (or such other frequency mutually agreed between DNB and the Access Seeker) during the Term to share and discuss new product updates, and potential future releases of new or amended Services (the Product Committee).
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Product Committee. The Integrated Company, on the effective date of the Share Exchange, resolve at that board of directors’ meeting to establish a “Product Committee” as a subordinate committee reporting to the board of directors, as well as internal regulations relating to the establishment and operation, etc. of the Product Committee as set forth below, and at the same time, the Product Committee will make decisions on products provided by the Integrated Company Group, to the extent in compliance with applicable laws and regulations as well as internal regulations of the Integrated Company. The Integrated Company will select the same number of people from each of YJ and LINE to serve as members of the Product Committee for a term of three years. The election and dismissal of Product Committee members will be determined by resolution of the board of directors in accordance with internal regulations. Immediately following the effective date of the Share Exchange, the Product Committee will consist of Xxxx Xxxxxx, Xxxxxxx Xxxxxxx, Xxx Xxxxxx, Xxxxx In Joon, Xxxx Xxxxxx, Xxxxxxx Xxxxxx, Xxxxx Xxxxx, Xxx Xxxxxxxx, Xxxxxxx Xxxxxx and Xxxxxx Xxxxxxx. The Integrated Company will appoint a Chief Product Officer (hereinafter “CPO”) from among the members of the Product Committee as the person in charge of the Product Committee for a term of three years. Regarding the appointment and dismissal of the CPO, these decisions shall require the approval of more than two-thirds of the directors in accordance with internal regulations, and when the board of directors consider a resolution involving appointment or dismissal the Integrated Company shall notify the JV Company of the details in advance. The CPO immediately following the effective date of the Share Exchange shall be Xxxx Xxxxxx. Decisions of the Product Committee will be made by a resolution of the majority of members of the Product Committee. However, where resolutions of the Product Committee are deadlocked, the final decision will be made by the CPO after considering the content of the deliberations. The Product Committee will be responsible for the growth (including not only key performance indicators (KPIs), but also sales and profits.) of all products of the Integrated Company Group, and make important decisions throughout the Integrated Company Group regarding product planning and development, commencement and cessation, funding, sales budgets, expense budgets and personnel allocation, etc., in accordance with the business...
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Related to Product Committee

  • Development Committee As soon as practicable, the Parties will establish a joint development committee, comprised of at least one (1) and up to two (2) representatives of Omega and at least one (1) and up to two (2) representatives of Acuitas (the “JDC”). One such representative from each Party will be such Party’s Workplan Leader. Each Party may replace its Workplan Leader and other JDC representatives at any time upon written notice to the other Party, provided, however, that each Party shall use reasonable efforts to ensure continuity on the JDC. With the consent of the other Party (which will not be unreasonably withheld, conditioned or delayed), each Party may invite non-voting employees and consultants to attend JDC meetings as necessary, subject to consultant’s agreement to be bound to the same extent as a permitted subcontractor under Section 3.1(i).

  • Joint Steering Committee [***] following the Effective Date [***], a joint steering committee (the “JSC”) will be established by the Parties to provide oversight and to facilitate information sharing between the Parties with respect to the activities under this Agreement.

  • Steering Committee The Project Manager shall set up a Steering Committee for the Project, consisting of representatives from the Department, the Contractor, and any other key organisations whom the project will impact on, to be agreed between the parties. The function of the Steering Committee shall be to review the scope and direction of the Project against its aims and objectives, monitor progress and efficiency, and assess, manage and review expected impact and use of the findings from the Project. The Committee shall meet at times and dates agreed by the parties, or in the absence of agreement, specified by the Department. The Contractor’s representatives on the Steering Committee shall report their views on the progress of the Project to the Steering Committee in writing if requested by the Department. The Contractor’s representatives on the Steering Committee shall attend all meetings of the Steering Committee unless otherwise agreed by the Department.

  • Joint Commercialization Committee As of the Effective Date, the Parties have established a joint commercialization committee (the “Joint Commercialization Committee” or the “JCC”), composed of up to [ * ] representatives of each Party, to monitor and discuss the Commercialization of Products at the operational level. Each JCC representative shall have knowledge and expertise in the commercialization of products similar to Products. The JCC shall in particular:

  • Advisory Committee The Settling State shall designate an Opioid Settlement Remediation Advisory Committee (the “Advisory Committee”) to provide input and recommendations regarding remediation spending from that Settling State’s Abatement Accounts Fund. A Settling State may elect to use an existing advisory committee or similar entity (created outside of a State-Subdivision Agreement or Allocation Statute); provided, however, the Advisory Committee or similar entity shall meet the following requirements:

  • Joint Manufacturing Committee In accordance with Section 2.5(c)(iv), the Parties shall promptly establish and convene a joint Manufacturing Committee (the “JMC”) for the overall coordination and oversight of the Manufacturing of clinical and commercial supplies of the Product under this Agreement as provided in the Manufacturing Plan (including the Manufacture of API, Drug Product and Finished Product). The JMC shall consist of representatives of each Party, and shall operate by procedures, as set forth in Section 2.5. The role of the JMC shall be:

  • Transition Committee 8.1.0 A transition committee comprised of the employee representatives and the employer representatives, including the Crown, will be established by January 31, 2016 to address all matters that may arise in the creation of the Trust.

  • Research Committee 2.2.1 Establishment and Functions of RC. ---------------------------------

  • Management Committee The Members shall act collectively through meetings as a "committee of the whole," which is hereby named the "Management Committee." The Management Committee shall conduct its affairs in accordance with the following provisions and the other provisions of this Agreement:

  • Joint Patent Committee (a) The Parties will establish a “

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