Scientific Advisory Board Agreement definition

Scientific Advisory Board Agreement is an agreement entered into from time to time in the ordinary course of business by the Borrower or any of its Subsidiaries with advisors pursuant to which the Borrower or its Subsidiaries are required to pay compensation based on a combination of stock-based compensation, revenue share and hourly cash compensation for additional services, and to pay the reasonable, ordinary and necessary travel and other expenses.
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Scientific Advisory Board Agreement is an agreement entered into from time to time in the ordinary course of business by the Borrower or any of its Subsidiaries with advisors pursuant to which the Borrower or its Subsidiaries are required to pay compensation based on a combination of stock-based compensation, revenue share and hourly cash compensation for additional services, and to pay the reasonable, ordinary and necessary travel and other expenses. “Secured Promissory Note” is defined in Section 2.6. “Secured Promissory Note Record” is a record maintained by each Lender with respect to the outstanding Obligations owed by Borrower to Lender and credits made thereto. “Securities Account” is any “securities account” as defined in the Code with such additions to such term as may hereafter be made under the Code. “Shares” is all of the issued and outstanding stock, units or other evidence of ownership held by Borrower or its Subsidiaries of any Subsidiary. “Solvent” is, with respect to any Person: the fair salable value of such Person’s consolidated assets (including goodwill minus disposition costs) exceeds the fair value of such Person’s liabilities; such Person is not left with unreasonably small capital after the transactions in this Agreement; and such Person is able to pay its debts (including trade debts) as they mature in the ordinary course (without taking into account any forbearance and extensions related thereto). “Subordinated Debt” is indebtedness incurred by Borrower or any of its Subsidiaries subordinated to all Indebtedness of Borrower and/or its Subsidiaries to the Lenders (pursuant to a subordination, intercreditor, or other similar agreement in form and substance satisfactory to Collateral Agent and the Lenders entered into between Collateral Agent, Borrower, and/or any of its Subsidiaries, and the other creditor), on terms acceptable to Collateral Agent and the Lenders. “Subsidiary” is, with respect to any Person, any Person of which more than fifty percent (50%) of the voting stock or other equity interests (in the case of Persons other than corporations) is owned or controlled, directly or indirectly, by such Person or through one or more intermediaries. Unless otherwise specified, references herein to a Subsidiary means a Subsidiary of Borrower. “T6M Product Revenue” means trailing six (6) months’ revenue of Borrower from the sale of its products, determined in accordance with GAAP, as of any date of determination. “Term Loan” is defined in Section 2.2(a) hereof.
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Scientific Advisory Board Agreement means the scientific advisory board agreement in the form of Exhibit 2.3(a)(ix) between each of the Company’s scientific advisors and Buyer.
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Examples of Scientific Advisory Board Agreement in a sentence

  • Scientific Advisory Board Agreement dated June 1, 2020 between the Company and Narayan R.

  • Scientific Advisory Board Agreement, dated as of June 24, 2011, between Stem Cell Assurance, Inc.

  • Scientific Advisory Board Agreement, dated as of June 10, 2011, between Stem Cell Assurance, Inc.

  • Form of Scientific Advisory Board Agreement entered into by InVivo Therapeutics Corp.

  • The Option Shares shall vest pursuant to the terms of a Scientific Advisory Board Agreement dated January 1, 2015 (the “Sessler SAB Agreement”).

  • Consultant is party to a Consulting and Scientific Advisory Board Agreement with Surface Logix, Inc.

  • The Option Shares shall vest pursuant to the terms of a Scientific Advisory Board Agreement dated January 1, 2015 (the “Weiner SAB Agreement”).

  • Xxxx, Ph.D. University of Massachusetts Medical School 000 Xxxxxxxxxx Xxxxxx, XXX 000 Xxxxxxxxx, XX 00000 Re: Scientific Advisory Board Agreement between Xxxxx X.

  • The Option Shares shall vest pursuant to the terms of a Scientific Advisory Board Agreement dated January 1, 2015 (the “Ohry SAB Agreement”).

  • Each of Xxxxxxx and Xxxxxxx shall have entered into a Scientific Advisory Board Agreement with the Company in substantially the form attached hereto as Exhibit J and copies thereof shall have been delivered to counsel to the Investors.

Related to Scientific Advisory Board Agreement

  • Advisory Board means the Long-Term Care Facility Advisory Board;

  • Transition Committee shall have the meaning set forth in Section 2.14.

  • OPSI Advisory Committee means the committee established under Tariff, Attachment M, section III.G.

  • Joint Development Committee or “JDC” has the meaning set forth in Section 3.10.

  • Technical Committee means the body established in accordance with article VII;

  • Technical Advisory Committee means a committee established under section 12;

  • Medical Advisory Committee means the Medical Advisory Committee established by the Board as required by the Public Hospitals Act;

  • Advisory Board Member means a member of an “Advisory Board” as defined in Section 2(a)(1) of the 1940 Act.

  • Independent Board Committee means the independent board committee of the Company

  • Executive Directors means a person appointed as director directly accountable to the municipal manager.

  • Medical Executive Committee or “MEC” means the Executive Committee of the Medical Staff.

  • Supervisory Board means the individual or group of individuals that

  • Academic Board means the Academic Board of the University College established under paragraph 13;

  • Development Committee shall have the meaning set forth in Section 3.4.1.

  • Advisory Committee means the Employer's Advisory Committee as from time to time constituted.

  • Compensation Committee means the Compensation Committee of the Board.

  • Joint Commercialization Committee or “JCC” has the meaning set forth in Section 2.1(a).

  • Audit Committee means the audit committee of the board of directors of the Company established pursuant to the Articles, or any successor committee.

  • Non-Executive Directors means the Directors who are not in whole time employment of the Company.

  • Regulatory Oversight Committee means the committee of the Board constituted in accordance with Rule 204.

  • Network Operating Committee means a group made up of representatives from the Network Customer(s) and the Transmission Provider established to coordinate operating criteria and other technical considerations required for implementation of Network Integration Transmission Service under Tariff, Part III.

  • Medical Board means the North Carolina Medical Board.

  • Program Director means an individual who has complete responsibility for the day to day function of the program. The Program Director is the highest level of decision making at a local, program level.

  • Banning Committee means a Committee constituted for the purpose of these guidelines by the competent authority. The members of this Committee shall not, at any stage, be connected with the tendering process under reference.

  • Executive Team means certain senior executives, including members of management covered by Rule 16(b) under the Securities and Exchange Act of 1934, designated by the Committee as the key executive management of the Company, CVI and CSI.

  • Coordinating Committee means the committee designated and elected as provided in section 16d in connection with a township consolidation.