Common use of Deadlock Clause in Contracts

Deadlock. In the event that the Research Committee cannot reach agreement with respect to any matter that is subject to its decision-making authority, then the matter shall be referred to the Steering Committee for resolution.

Appears in 7 contracts

Sources: Collaboration and License Agreement (Large Scale Biology Corp), Compound Discovery Collaboration Agreement (Genome Therapeutics Corp), Collaboration and License Agreement (Large Scale Biology Corp)