Steering Committee Decisions. All Steering Committee decisions will be made by [**] of all the Steering Committee's members, except as expressly stated otherwise in this Agreement. Each Steering Committee member will have one vote, and a Steering Committee member need not be present in order to vote; the Steering Committee member(s) of a Party that are present for, or participating in, a decision shall have the authority to vote on behalf of the Steering Committee member(s) of such Party who are not present for, or participating in, such decision.
Appears in 3 contracts
Samples: Note Agreement (Lexicon Genetics Inc/Tx), Note Agreement (Lexicon Genetics Inc/Tx), Sublicense Agreement (Lexicon Genetics Inc/Tx)
Steering Committee Decisions. All Steering Committee decisions will be made by [**] of all the Steering Committee's members, except as expressly stated otherwise in this Agreement. Each Steering Committee member will have one vote, and a Steering Committee member need not be present in order to vote; the Steering Committee member(s) of a Party that are present for, or participating in, a decision shall have the authority to vote on behalf of the Steering Committee member(s) of such Party who are not present for, or participating in, such decision.
Appears in 1 contract
Samples: Collaboration and License Agreement (Lexicon Genetics Inc/Tx)
