Common use of Formation and Role Clause in Contracts

Formation and Role. Within thirty (30) days after the Effective Date, the Parties shall establish a Joint Steering Committee (the “Joint Steering Committee” or “JSC”) to oversee the Development and Commercialization of the Licensed Product under this Agreement. The JSC shall not have any power to bind either Party or to make any tactical or day-to-day operational decisions with respect to either Party’s activities under this Agreement.

Formation and Role. Within thirty (30) days after the Effective Date, the Parties shall establish a Joint Steering Committee joint steering committee (the “Joint Steering Committee” or “JSC”) to oversee for the Development overall coordination and Commercialization oversight of the Licensed Product Parties’ activities under this Agreement. The role of the JSC shall not have any power to bind either Party or to make any tactical or day-to-day operational decisions with respect to either Party’s activities under this Agreement.be:

Formation and Role. Within thirty (30) Promptly, and in any event within [**] days after the Effective Date, the Parties shall establish a Joint Steering Committee joint steering committee (the “Joint Steering Committee” or “JSC”) to oversee coordinate, oversee, review and discuss the Development and Commercialization of the Licensed Product under this Agreement. The JSC shall not have any power to bind either Party or to make any tactical or day-to-day operational decisions Parties’ activities with respect to either Party’s activities under this Agreement.the Development of Licensed Products hereunder. For that purpose and to the extent reasonably necessary, the JSC will:

Formation and Role. Within thirty (30) days [***] after the Effective Date, the Parties shall establish a Joint Steering Committee joint steering committee (the “Joint Steering Committee” or “JSC”) to oversee coordinate, review and discuss the Parties’ activities with respect to the Development and Commercialization of Licensed Products. For that purpose and to the Licensed Product under this Agreement. The extent reasonably necessary, the JSC shall not have any power to bind either Party (by itself or to make any tactical through discharging its responsibilities through one (1) or day-to-day operational decisions with respect to either Party’s activities under this Agreement.more subcommittees):

Formation and Role. Within thirty [***] (30[***]) days after the Effective Date, the Parties shall establish a Joint Steering Committee joint steering committee (the “Joint Steering Committee” or “JSC”) to oversee for the Development overall coordination and Commercialization oversight of certain of the Licensed Product Parties’ activities under this Agreement. The role of the JSC shall not have any power to bind either Party or to make any tactical or day-to-day operational decisions with respect to either Party’s activities under this Agreement.is:

Formation and Role. Within thirty (30) days [*] after the Effective Date, the Parties shall establish a Joint Steering Committee joint steering committee (the “"Joint Steering Committee” " or “"JSC”") to oversee for the Development overall coordination and Commercialization oversight of the Licensed Product Parties' activities under this Agreement. The role of the JSC shall not have any power to bind either Party or to make any tactical or day-to-day operational decisions with respect to either Party’s activities under this Agreement.be:

Formation and Role. Within thirty (30) Promptly, and in any event within [***] days after the Effective Date, the Parties shall establish a Joint Steering Committee joint steering committee (the “Joint Steering Committee” or “JSC”) to oversee coordinate, oversee, review and discuss the Development and Commercialization of the Licensed Product under this Agreement. The JSC shall not have any power to bind either Party or to make any tactical or day-to-day operational decisions Parties’ activities with respect to either Party’s activities under this Agreement.[***]. For that purpose and to the extent reasonably necessary, the JSC will:

Formation and Role. Within thirty forty-five (3045) days after the Effective Date, the Parties shall establish a Joint Steering Committee joint steering committee (the “Joint Steering Committee” or “JSC”) to oversee for the Development overall coordination and Commercialization oversight of the Licensed Product Parties’ activities under this Agreement. The role of the JSC shall not have any power to bind either Party or to make any tactical or day-to-day operational decisions with respect to either Party’s activities under this Agreement.be:

Formation and Role. Within thirty (30) days after the Effective Date, the Parties shall will establish a Joint Steering Committee joint steering committee (the “Joint Steering Committee” or “JSC”) to oversee govern the Development activities of the Parties with respect to the Promotion and Commercialization of the Licensed Product under in the Field in the Territory pursuant to this Agreement. The role of the JSC shall not have any power to bind either Party or to make any tactical or day-to-day operational decisions with respect to either Party’s activities under this Agreement.is: [***]

Formation and Role. Within thirty Promptly, and in any event within ten (3010) days Business Days after the Effective Date, the Parties shall establish a Joint Steering Committee joint steering committee (the “Joint Steering Committee” or “JSC”) to coordinate and oversee the Parties’ activities under this Agreement through the completion of all activities under the Development Plan. The role of the JSC shall be to manage, review and Commercialization discuss the Parties’ activities with respect to the Development of the Licensed Product under this Agreement. The JSC shall not have any power Compound and Licensed Products, including the determination of appropriate pharmacokinetic profiles to bind either Party or to make any tactical or day-to-day operational decisions be pursued with respect to either Party’s activities under this Agreement.the Licensed Compound. For that purpose and to the extent reasonably necessary, the JSC will: