Common use of Referral to Executive Officers and Executive Management Clause in Contracts

Referral to Executive Officers and Executive Management. The JSC will refer any matter as to which the JSC cannot reach a consensus decision to the Executive Officers for resolution, which will include a written summary of the respective positions of the Parties. Such Executive Officers will use good faith efforts, in compliance with this Section 2.5.1, to resolve promptly such matter, which good faith efforts will include at least one meeting between such Executive Officers within 10 Business Days after the JSC’s submission of such matter to them, or such other reasonable time period upon which the Executive Officers mutually agree. If the Executive Officers are unable to reach unanimous agreement on any such matter within 60 days of the matter being presented to them, then:

Appears in 2 contracts

Samples: License Agreement (TradeUP Acquisition Corp.), License Agreement (TradeUP Acquisition Corp.)

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Referral to Executive Officers and Executive Management. The JSC will may refer any matter as to which the JSC cannot reach a consensus decision to the Executive Officers for resolution. If the JSC does so, which the JSC will include a written summary of submit in writing the respective positions of the PartiesParties to their respective Executive Officers. Such Executive Officers will use good faith efforts, in compliance with this Section 2.5.12.3.1, to resolve promptly such matter, which good faith efforts will include at least one meeting between such Executive Officers within 10 ten (10) Business Days after the JSC’s submission of such matter to them, or such other reasonable time period upon which the Executive Officers mutually agree. If the Executive Officers are unable to reach unanimous agreement on any such matter within 60 fifteen (15) days of the matter being presented to them, then:

Appears in 1 contract

Samples: Collaboration and License Agreement (aTYR PHARMA INC)

Referral to Executive Officers and Executive Management. The JSC will may refer any matter as to which the JSC cannot reach a consensus decision to the Executive Officers for resolution. If the JSC does so, which the JSC will include a written summary of submit in writing the respective positions of the PartiesParties to their respective Executive Officers. Such Executive Officers will use good faith efforts, in compliance with this Section 2.5.1, to resolve promptly such matter, which good faith efforts will include at least one meeting between such Executive Officers within 10 five (5) Business Days after the JSC’s submission of such matter to them, or such other reasonable time period upon which the Executive Officers mutually agree. If the Executive Officers are unable to reach unanimous agreement on any such matter within 60 fifteen (15) days of the matter being presented to them, then:

Appears in 1 contract

Samples: Confidential Treatment (Corbus Pharmaceuticals Holdings, Inc.)

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Referral to Executive Officers and Executive Management. The JSC will may refer any matter as to which the JSC cannot reach a consensus decision to the Executive Officers for resolution. If the JSC does so, which the JSC will include a written summary of submit in writing the respective positions of the PartiesParties to their respective Executive Officers. Such Executive Officers will use good faith efforts, in compliance with this Section 2.5.12.3.1, to resolve promptly such matter, which good faith efforts will include at least one meeting [***] between such Executive Officers within 10 [***] Business Days after the JSC’s submission of such matter to them, or such other reasonable time period upon which the Executive Officers mutually agree. If the Executive Officers are unable to reach unanimous agreement on any such matter within 60 [***] days of the matter being presented to them, then:

Appears in 1 contract

Samples: Collaboration and License Agreement (CymaBay Therapeutics, Inc.)

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