Common use of Committee Actions Clause in Contracts

Committee Actions. A party’s representatives on the Steering Committee shall collectively have one vote as to all matters. All Steering Committee actions may only be taken by unanimous vote of the parties. Any approval, determination or other action agreed to by both parties’ representatives shall be the approval, determination or other action of the Steering Committee. Except as may be otherwise specifically set forth in this Agreement, any matters as to which the Steering Committee cannot reach a unanimous vote shall be presented to the respective executives of the parties for consideration, in accordance with Article 9.

Appears in 5 contracts

Samples: Collaboration Agreement (Gen Probe Inc), Collaboration Agreement (Pacific Biosciences of California Inc), Collaboration Agreement (Pacific Biosciences of California Inc)

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