Research Collaboration Subcommittee. The Parties agree to form and maintain a research collaboration subcommittee (“Research Collaboration Subcommittee”). This subcommittee will consist of six (6) members, with an equal number of representatives from the Company (to be designated by Nestlé) and from Xxxxxxxxx, and as far as practicable, such representatives being part of the research and development or commercial teams of each Party. All decisions by the Research Collaboration Subcommittee will be made by unanimous agreement of the members on the Research Collaboration Subcommittee and any decisions on which the Research Collaboration Subcommittee cannot agree will be referred to an executive officer of each Party for attempted resolution by good faith negotiations between such officers.
Appears in 2 contracts
Samples: Joint Venture Agreement (Hutchison China MediTech LTD), Joint Venture Agreement (Hutchison China MediTech LTD)
Research Collaboration Subcommittee. The Parties agree to form and maintain a research collaboration subcommittee (“Research Collaboration Subcommittee”). This subcommittee will consist of six (6) members, with an equal number of representatives from the Company (to be designated by Nestlé) and from Xxxxxxxxx, and as far as practicable, such representatives being part of the research and development or commercial teams of each Party. All decisions by the Research Collaboration Subcommittee will be made by unanimous agreement of the members on the Research Collaboration Subcommittee and any decisions on which the Research Collaboration Subcommittee cannot agree will be referred to an executive officer of each Party for attempted resolution by good faith negotiations between such officers. [**] Certain information in this document has been omitted and filed separately with the Securities and Exchange Commission.
Appears in 2 contracts
Samples: Joint Venture Agreement (Hutchison China MediTech LTD), Joint Venture Agreement (Hutchison China MediTech LTD)