Common use of Coordination Committee Clause in Contracts

Coordination Committee. As promptly as reasonably practicable following the assignment or secondment of the management level representative from the Investor referenced in Section 6.5, the Company and the Investor shall form a committee (the “Coordination Committee”) consisting of representatives from each of the Company and the Investor. The representatives of the Company and the representatives of the Investor, respectively, shall have equal say in any Coordination Committee matters and a representative of the Company and a representative of the Investor shall serve as co-chairs of the Coordination Committee. Either Party may propose the agenda for Coordination Committee meetings, which will be finalized by the co-chairs of the Coordination Committee and circulated to the Coordination Committee in advance of each meeting. The Coordination Committee shall report to and be subject to the oversight of the Company’s Executive Committee (the “Executive Committee”), shall meet (in person or by telephone, videoconference or other electronic means) not less frequently than once each calendar quarter and shall serve as the official forum of the Company and the Investor for discussing matters relating to the distribution, marketing and cross-selling of the Company’s products in Japan through Asset Management One distribution channels, the opportunities and platforms for Asset Management One to offer its products that do not compete with the Company’s products, and other matters generally related to the strategic alliance.