Common use of RMC FUNCTIONS AND POWERS Clause in Contracts

RMC FUNCTIONS AND POWERS. The activities of the Parties under this Agreement shall be managed by the RMC only to the extent set forth herein (unless otherwise mutually agreed by the Parties). During the Research Period the RMC shall: (a) determine the goals for the Research Program and establish and review the Research Plan for accomplishing such goals; (b) encourage and facilitate ongoing cooperation and information exchange between the parties; (c) monitor the progress of the Research Plan and the parties' diligence in carrying out their responsibilities thereunder; (d) allocate tasks and coordinate activities required to perform the Research Plan; (e) schedule routine visits by Rigel and Xxxxxxx personnel to Xxxxxxx and Rigel, respectively, and oversee secondment of Xxxxxxx and Xxxxx personnel pursuant to Section 3.9; (f) establish prospective criteria to determine when a Molecular Target and Active Peptide is a Preliminary Target-Peptide Pair or a Validated Target-Peptide Pair, and to amend the Research Plan accordingly; (g) identify and select Preliminary Target-Peptide Pairs and Validated Target-Peptide Pairs pursuant to Section 3.4 and 3.5; (h) perform such other functions as expressly provided herein, as appropriate to further the purposes of this Agreement, as mutually agreed by the Parties.

RMC FUNCTIONS AND POWERS. The activities of the Parties under this Agreement shall be managed by the RMC only to the extent set forth herein (unless otherwise mutually agreed by the Parties). During the Research Period the RMC shall: (a) determine the goals for the Research Program and establish and review the Research Plan for accomplishing such goals;; [ * ] = CERTAIN CONFIDENTIAL INFORMATION CONTAINED IN THIS DOCUMENT, MARKED BY BRACKETS, HAS BEEN OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO RULE 406 OF THE SECURITIES ACT OF 1933, AS AMENDED. (b) encourage and facilitate ongoing cooperation and information exchange between the parties; (c) monitor the progress of the Research Plan and the parties' diligence in carrying out their responsibilities thereunder; (d) allocate tasks and coordinate activities required to perform the Research Plan; (e) schedule routine visits by Rigel and Xxxxxxx personnel to Xxxxxxx and Rigel, respectively, and oversee secondment of Xxxxxxx and Xxxxx personnel pursuant to Section 3.9; (f) establish prospective criteria to determine when a Molecular Target and Active Peptide is a Preliminary Target-Peptide Pair or a Validated Target-Peptide Pair, and to amend the Research Plan accordingly; (g) identify and select Preliminary Target-Peptide Pairs and Validated Target-Peptide Pairs pursuant to Section 3.4 and 3.5; (h) perform such other functions as expressly provided herein, as appropriate to further the purposes of this Agreement, as mutually agreed by the Parties.