Supply Team Procedures Clause Samples

Supply Team Procedures. The Alkermes team leader shall serve as the chairperson of the ST. The chairperson shall establish the timing and agenda for all ST meetings and shall send notice of such meetings, including the agenda therefor, to all ST members; provided, however, either Party may request that specific items be included in the agenda and may request that additional meetings be scheduled as needed. The ST will meet at least once each calendar month, or as agreed by the ST, for the first [**] years following the Effective Date, and at least once each calendar quarter, or as agreed by the ST, thereafter. The location of regularly scheduled ST meetings shall alternate between the offices of the Parties, unless otherwise agreed. Meetings may be held telephonically or by videoconference. A quorum of at least half the ST members appointed by each Party shall be present at or shall otherwise participate in each ST meeting. Alkermes shall appoint one person (who need not be a member of the ST) to attend the meeting and record the minutes of the meeting in writing. Such minutes shall be circulated to the Parties promptly following the meeting for review, comment and approval.