Common use of Discontinuation of Participation on a Committee Clause in Contracts

Discontinuation of Participation on a Committee. The activities to be performed by each Committee shall solely relate to governance under this Agreement, and shall not involve the delivery of services. Each Committee shall continue to exist until ARES TRADING and Intrexon mutually agree to disband the committee. Once the Parties mutually agree to disband such Committee, such Committee shall have no further obligations under this Agreement and, thereafter, the Alliance Mangers shall be the contact persons for the exchange of information under this Agreement and decisions of such Committee shall be decisions as between ARES TRADING and Intrexon, subject to the other terms and conditions of this Agreement.

Appears in 4 contracts

Samples: License and Collaboration Agreement, License and Collaboration Agreement, License and Collaboration Agreement (Intrexon Corp)

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Discontinuation of Participation on a Committee. The activities to be performed by each Committee shall solely relate to governance under this Agreement, and shall are not intended to be or involve the delivery of services. Each Committee shall continue to exist until ARES TRADING and Intrexon the Parties mutually agree to disband the committeeCommittee. Once the Parties mutually agree to disband such Committee, such Committee shall have no further obligations under this Agreement and, thereafter, the Alliance Mangers Managers shall be the contact persons for the exchange of information under this Agreement and decisions of such Committee shall be decisions as between ARES TRADING and Intrexonthe Parties, subject to the other terms and conditions of this Agreement.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Cue Biopharma, Inc.), Stock Purchase Agreement (Cue Biopharma, Inc.)

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