Amendment of IPR Arrangements and Contribution Related Provisions Sample Clauses

Amendment of IPR Arrangements and Contribution Related Provisions. The Parties agree the IPR Arrangements and/or the provisions laid down in Article 3 and 5 (the “Contribution related Provisions”) may be amended by written agreement between the Parties to this Agreement representing at least two-thirds of all the votes Members have in the General Assembly and provided that the proposal for amendment of the IPR Arrangements and/or Contribution related Provisions concerned has been sent to all Parties at the addresses administered in the administration of ARTEMISIA or of their registered office at least on month prior to the date of aforementioned decision. For the avoidance of doubt and to the extent legally required, Parties hereby acknowledge and agree that any amendment to the IPR Arrangements and/or Contribution related Provisions agreed upon in accordance with the preceding sentence shall be deemed to be an amendment to Annex 6 and/or Article 3 or 5, as the case may be, hereto effective as of the 30th day following the date of such decision (the “Effective Amendment Date”). Parties acknowledge and agree that no amendment to the IPR Arrangements shall affect JU Project Agreements with an effective date before the Effective Amendment Date of such amendment, unless unanimously agreed to in writing by all the JU Project Participants concerned. Moreover, Parties agree that within twenty-one (21) days following the Effective Amendment Date Parties that do not wish to accept the amendment of the IPR Arrangements and/or Contribution related Provisions are permitted to withdraw from this Agreement in accordance with the provisions of Article 8.2, it being understood however that the notice period of those provisions shall not apply.
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