Common use of Referral to Executive Officers Clause in Contracts

Referral to Executive Officers. If a Party makes an election under Section 2.5.2 to refer a matter on which the JSC cannot reach a consensus decision for resolution by the Executive Officers, then the JSC will submit in writing the respective positions of the Parties to their respective Executive Officers. The Executive Officers will use good faith efforts to resolve any such matter so referred to them as soon as practicable, and any final decision that the Executive Officers agree to in writing will be conclusive and binding on the Parties.

Appears in 2 contracts

Samples: License Agreement (Precision Biosciences Inc), License Agreement (Tg Therapeutics, Inc.)

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Referral to Executive Officers. If a Party makes an election under Section 2.5.2 2.7.C.2 (Decisions of the JSC) to refer a matter on which the JSC cannot reach a consensus [***] decision for resolution by the Executive Officers, then the JSC will submit in writing the respective positions of the Parties to their respective Executive Officers. The Executive Officers will use good faith efforts to resolve any such matter so referred to them as soon as practicable[***], and any final decision that the Executive Officers agree to in writing will be conclusive and binding on the Parties.

Appears in 2 contracts

Samples: Supply and License Agreement, Supply and License Agreement

Referral to Executive Officers. If a Party makes an election under Section 2.5.2 2.7c.2 (Decisions of the JSC) to refer a matter on which the JSC cannot reach a consensus [***] decision for resolution by the Executive Officers, then the JSC will submit in writing the respective positions of the Parties to their respective Executive Officers. The Executive Officers will use good faith efforts to resolve any such matter so referred to them as soon as practicable[***], and any final decision that the Executive Officers agree to in writing will be conclusive and binding on the Parties.

Appears in 1 contract

Samples: Supply and License Agreement (Novavax Inc)

Referral to Executive Officers. If a Party makes an election under Section 2.5.2 7.4.2 (Decisions of the JSC) to refer a matter on which the JSC cannot reach a consensus decision for resolution by the Executive Officers, which election must be made no later than [*] after the applicable meeting of the JSC at which the JSC is unable to reach a consensus decision, then the JSC Parties will each submit in writing the respective positions of the Parties to their respective the Executive Officers. The Executive Officers will use good faith efforts to resolve any such matter so referred to them as soon as practicable, and any final decision that the Executive Officers agree to in writing will be conclusive and binding on the Parties.. ​

Appears in 1 contract

Samples: Commercialization and License Agreement (uniQure N.V.)

Referral to Executive Officers. If a Party makes an election under Section 2.5.2 3.6.3 (Decisions of the JSC) to refer a matter on which the JSC cannot reach a consensus decision for resolution by the Executive Officers, then the JSC will submit in writing the respective positions of the Parties to their respective Executive Officers. The Executive Officers will use good faith efforts to [***] resolve any such matter so referred to them as soon as practicable[***], and any final decision that the Executive Officers agree to in writing will be conclusive and binding on the Parties.

Appears in 1 contract

Samples: License and Collaboration Agreement (Blueprint Medicines Corp)

Referral to Executive Officers. If a Party makes an election under Section 2.5.2 2.7.C.2 (Decisions of the JSC) to refer a matter on which the JSC cannot reach a consensus [***] ​ decision for resolution by the Executive Officers, then the JSC will submit in writing the respective positions of the Parties to their respective Executive Officers. The Executive Officers will use good faith efforts to resolve any such matter so referred to them as soon as practicable[***], and any final decision that the Executive Officers agree to in writing will be conclusive and binding on the Parties.. ​

Appears in 1 contract

Samples: Supply and License Agreement (Novavax Inc)

Referral to Executive Officers. If a Party makes an election under Section 2.5.2 3.5.3 (Decisions of the JSC) to refer a matter on which the JSC cannot reach a consensus decision for resolution by the Executive Officers, then the JSC will submit in writing the respective positions of the Parties to their respective Executive Officers. The Executive Officers will use good faith efforts to resolve any such matter so referred to them as soon as practicable, and any final decision that the Executive Officers agree to in writing will be conclusive and binding on the Parties.

Appears in 1 contract

Samples: Collaboration and License Agreement (Kiniksa Pharmaceuticals, Ltd.)

Referral to Executive Officers. If a Party makes an election under Section 2.5.2 4.2.7(b) (Decisions of the JSC) to refer a matter within the scope of the JSC’s authority on which the JSC cannot reach a consensus decision for resolution by the Executive Officers, then the JSC will submit in writing the respective positions of the Parties to their respective Executive Officers. The Executive Officers will use good faith efforts [**] to resolve any such matter so referred to them as soon as practicable, and any final decision that the Executive Officers agree to in writing will be conclusive and binding on the Parties[**].

Appears in 1 contract

Samples: Exclusive Research Collaboration, License and Option Agreement (LogicBio Therapeutics, Inc.)

Referral to Executive Officers. If a Party makes an election under Section 2.5.2 2.4.2 (Decisions of the JSC) to refer a matter on which the JSC cannot reach a consensus decision for resolution by the Executive Officers, then each Party’s representatives to the JSC will submit in writing communicate the respective positions of the Parties such Party to their respective Executive Officers. The Executive Officers will use good faith efforts to resolve any such matter so referred to them as soon as practicable, practicable and any final decision that the Executive Officers agree to in writing will be conclusive and binding on the Parties.

Appears in 1 contract

Samples: Collaboration Agreement (TradeUP Acquisition Corp.)

Referral to Executive Officers. If a Party makes an election under Section 2.5.2 8.4.3 (Decisions of the JSC) to refer for resolution by the Executive Officers a matter on as to which the JSC cannot reach a consensus decision for resolution by the Executive Officersdecision, then the JSC will submit in writing the respective positions of the Parties to their respective Executive Officers. The Executive Officers will use good faith efforts to resolve any such matter so referred to them as soon as practicablepracticable but, in any event, within [***] after such matter is referred to them (or such longer period as the Executive Officers may agree upon), and any final decision that the Executive Officers agree to in writing will be conclusive and binding on the Parties.

Appears in 1 contract

Samples: License Agreement (Ionis Pharmaceuticals Inc)

Referral to Executive Officers. If a Party makes an election under Section 2.5.2 7.4.2 (Decisions of the JSC) to refer a matter on which the JSC cannot reach a consensus decision for resolution by the Executive Officers, which election must be made no later than [***] after the applicable meeting of the JSC at which the JSC is unable to reach a consensus decision, then the JSC Parties will each submit in writing the respective positions of the Parties to their respective the Executive Officers. The Executive Officers will use good faith efforts to resolve any such matter so referred to them as soon as practicable, and any final decision that the Executive Officers agree to in writing will be conclusive and binding on the Parties.

Appears in 1 contract

Samples: Commercialization and License Agreement (Biocryst Pharmaceuticals Inc)

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Referral to Executive Officers. If a Party makes an election under Section 2.5.2 3.7.3 (Decisions of the JSC) to refer a matter on which the JSC cannot reach a consensus decision for resolution by the Executive Officers, then the JSC will submit in writing the respective positions of the Parties to their respective Executive Officers. The Executive Officers will use good faith efforts to resolve any such matter so referred to them as soon as practicable, and any final decision that the Executive Officers agree to in writing will be conclusive and binding on the Parties.

Appears in 1 contract

Samples: Collaboration and License Agreement (ImmunoGen, Inc.)

Referral to Executive Officers. If a Party makes an election under Section 2.5.2 2.6.2 to refer a matter on which the JSC cannot reach a consensus decision for resolution by the Executive Officers, then each Party’s co-chair to the JSC will submit in writing communicate the respective positions of the Parties such Party to their respective Executive Officers. The Executive Officers will use good faith efforts to resolve any such matter so referred to them as soon as practicable, practicable and any final decision that the Executive Officers agree to in writing will be conclusive and binding on the Parties.

Appears in 1 contract

Samples: Development and Manufacturing Collaboration Agreement (Vir Biotechnology, Inc.)

Referral to Executive Officers. If a Party makes an election under Section 2.5.2 3.6.3 (Decisions of the JSC) to refer a matter on which the JSC cannot reach a consensus decision for resolution by the Executive Officers, then the JSC will submit in writing the respective positions of the Parties to their respective Executive Officers. The Executive Officers will use good faith efforts [****] to resolve any such matter so referred to them as soon as practicable[****], and any final decision that the Executive Officers agree to in writing will be conclusive and binding on the Parties.

Appears in 1 contract

Samples: License and Collaboration Agreement (Zai Lab LTD)

Referral to Executive Officers. If a Party makes an election under Section 2.5.2 3.4.2 (Decisions of the JSC) to refer a matter on which the JSC cannot reach a consensus decision for resolution by the Executive Officers, then the JSC will submit in writing the respective positions of the Parties to their respective Executive Officers. The Executive Officers will use good faith efforts to resolve any such matter so referred to them as soon as practicable, and any final decision that the Executive Officers agree to in writing will be conclusive and binding on the Parties.. 3.5.2

Appears in 1 contract

Samples: License Agreement (Arcutis Biotherapeutics, Inc.)

Referral to Executive Officers. If a Party makes an election under Section 2.5.2 3.6.3 (Decisions of the JSC) to refer a matter on which the JSC cannot reach a consensus decision for resolution by the Executive Officers, then the JSC will submit in writing the respective positions of the Parties to their respective Executive Officers. The Executive Officers will ​ ​ use good faith efforts to resolve any such matter so referred to them as soon as practicable, and any final decision that the Executive Officers agree to in writing will be conclusive and binding on the Parties.

Appears in 1 contract

Samples: Collaboration and License Agreement (Kiniksa Pharmaceuticals, Ltd.)

Referral to Executive Officers. If a Party makes an election under Section 2.5.2 2.4.2 to refer a matter on which the JSC cannot reach a consensus decision for resolution by the Executive Officers, then the JSC will submit in writing the respective positions of the Parties to their respective Executive Officers. The Executive Officers will use good faith efforts to resolve any such matter so referred to them as soon as practicable, and any final decision that the Executive Officers agree to in writing will be conclusive and binding on the Parties.

Appears in 1 contract

Samples: License Agreement (Precision Biosciences Inc)

Referral to Executive Officers. If a Party makes an election under Section 2.5.2 9.6.2 (Decisions of the JSC) to refer a matter on as to which the JSC cannot reach a consensus decision for resolution by to the Executive Officers, then the JSC will submit in writing the respective positions of the Parties to their respective Executive Officers. The Such Executive Officers will use good faith efforts efforts, in compliance with this Section 9.7.1 (Referral to Executive Officers), to resolve any promptly such matter so referred within [***] after the JSC’s submission of such matter to them as soon as practicablesuch Executive Officers, and any final decision that the Executive Officers agree to in writing which good faith efforts will be conclusive and binding on the Partiesinclude at least [***].

Appears in 1 contract

Samples: Collaboration and License Agreement (Wave Life Sciences Ltd.)

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