Common use of Responsibilities and Authority Clause in Contracts

Responsibilities and Authority. The JSC’s overall responsibility shall be to oversee the progress and results of the R&D Program, and to encourage and facilitate ongoing cooperation and communication between the parties regarding the R&D Program. In particular, the JSC shall: (i) periodically review and approve updates and amendments to the R&D Plan consistent with the objectives set forth in Section 4.1; (ii) monitor the progress of R&D Plan activities; (iii) discuss and attempt to address scientific or technical issues arising in the course of R&D Plan activities; (iv) periodically review the Option Candidate Criteria; (v) review and discuss R&D Program Results; (vi) consider potential new Selected Products; (vii) review all Information supporting nomination by GCLC of a Selected Product as an Option Candidate and determine whether such Selected Product qualifies as an Option Candidate; and (viii) perform such other duties as are specifically delegated to the JSC in this Agreement.