Common use of Research Committee Clause in Contracts

Research Committee. A research committee has been established by the parties as provided below and will be responsible for the planning and monitoring of the Research Plan (“Research Committee” or “RC”). In particular, the activities of the RC shall include: (a) Approving the Research Plan and amendments thereto and establishing prioritization criteria for specific components thereof, including explicit determination of proposed dates for experimental initiation and completion; (b) Monitoring workflow, including experimental sample transfer, sample analysis and data quality control, data analysis and summarization, software installation (access), training and maintenance; (c) Monitoring of sample throughput, and overall research progress; CONFIDENTIAL (d) Ensuring timely filing of patent applications; (e) Assigning tasks and responsibilities taking into account each Party’s respective specific capabilities and expertise in order to avoid duplication and enhance efficiency and synergies; and (f) Monitoring timely execution of the Research Plan, including compliance with budgets and timelines.

Research Committee. A research committee has been established by the parties as provided below and will be responsible for the planning and monitoring of the Research Plan (“Research Committee” or “RC”). In particular, the activities of the RC shall include: (a) Approving the Research Plan and amendments thereto and establishing prioritization criteria for specific components thereof, including explicit determination of proposed dates for experimental initiation and completion; (b) Monitoring workflow, including experimental sample transfer, sample analysis and data quality control, data analysis and summarization, software installation (access), training and maintenance; (c) Monitoring of sample throughput, and overall research progress; 11 of 124 ***Confidential Treatment Requested CONFIDENTIAL (d) Ensuring timely filing of patent applications; (e) Assigning tasks and responsibilities taking into account each Party’s respective specific capabilities and expertise in order to avoid duplication and enhance efficiency and synergies; and (f) Monitoring timely execution of the Research Plan, including compliance with budgets and timelines.