Common use of Working Committee Clause in Contracts

Working Committee. The parties will establish a working committee (the “Working Committee”) to coordinate the Development and Commercialization activities relating to the Product, to monitor the progress of the Development of the Product, to strategize plans and objectives related to the Commercialization of the Product and to facilitate communication among the parties. The Working Committee shall consist of a chief representative appointed by each of Revogenex and Coronado together with such additional development, regulatory and business personnel of Revogenex and Coronado as may be necessary to accomplish the Development and Commercialization of the Product. It is the intent of this Agreement that during the period prior to and following the Regulatory Approval of the NDA, the role of Revogenex in the Working Committee shall be one of an advisor to the decision makers of Coronado.

Appears in 4 contracts

Samples: Assignment and Assumption Agreement, Assignment and Assumption Agreement (Avenue Therapeutics, Inc.), Assignment and Assumption Agreement (Avenue Therapeutics, Inc.)

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