Joint IP Committee definition

Joint IP Committee or “JIPC” is defined in Section 4.3.1.

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Joint IP Committee shall have the meaning set forth in Article 11.4(a).

Joint IP Committee or “JIPC”). The JSC may, at its option establish a joint commercialization committee (“Joint Commercialization Committee” or “JCC,” and together with the JDC, JMC and JIPC, the “Joint Subcommittees”). Each Joint Subcommittee shall consist of (i) with respect to the JDC and JMC, at least two (2) representatives from each of the Parties, and (ii) with respect to the JIPC and JCC, at least one (1) representative from each of the Parties, in each case ((i) and (ii)), each with the requisite experience to enable such person to make decisions on behalf of the Parties with respect to the issues falling within the jurisdiction of the relevant Joint Subcommittee; provided, that no Senior Officer may be a representative to a Joint Subcommittee. Simultaneously with establishing each such Joint Subcommittee, the Parties shall identify their initial representatives to such Joint Subcommittee. Each Subcommittee shall have the responsibilities and authority allocated to it in this Section 4.2 and shall operate by the procedures set forth in Section 4.3. If any Joint Subcommittee is not established, then the JSC shall have the responsibilities allocated to such Joint Subcommittee and any reference to such Joint Subcommittee in this Agreement shall be deemed to be a reference to the JSC. No Joint Subcommittee shall have authority that exceeds the authority granted to the JSC.

Examples of Joint IP Committee in a sentence

• Promptly after the Effective Date, the JSC shall establish a Joint IP Committee (“JIPC”).

• Each Party shall have the right to defend itself against the Infringement Attack in accordance with the decisions and instructions of the Joint IP Committee.

• Each Party may appoint substitutes or alternates for its Joint IP Committee members at any time by written notice the other Party.

• The Joint IP Committee shall appoint a Lead IP Party for each Program Invention which is part of the Collaboration IP, taking into consideration the capabilities of each Party’s IP department and each Party’s specific expertise with respect to the relevant Program Invention.

• The Parties may mutually agree to change the size of the Joint IP Committee at any time.

• In case of a dispute, the matter shall be referred to the Joint IP Committee, which in turn shall refer any unresolved matter to the Joint Steering Committee.

• Each Joint IP Committee member shall have sufficient authority to ensure acceptance and execution of Joint IP Committee decisions within its organization.

• If the FTO Notification concerns a Collaboration Product, the Parties will discuss and agree any required or advisable measures in the Joint IP Committee and/or the relevant Joint Steering Committee.

• For clarity, the Joint IP Committee shall not have any authority to modify the terms of this Agreement.

• All patent filings have to be submitted to the Joint IP Committee as soon as possible before the filing date, if possible.

More Definitions of Joint IP Committee

Joint IP Committee has the meaning set forth in Section 3.1(a)(i).

Joint IP Committee has the meaning set forth in Section 4.2(c) (Joint IP Committee);

Joint IP Committee or “JIPC”) to discuss all OptiNose Patents, OptiNose Trademarks and copyright matters relating to the OptiNose IP to the extent licensed to Avanir or its Affiliates for Products and to ensure that Avanir has a reasonable opportunity to review, comment on and cooperate in determining OptiNose’s strategy relating to the filing, prosecution, maintenance and enforcement of the OptiNose Patents.