JDC Decision-Making. (a) With respect to the responsibilities of the JDC, each Party shall have one vote on all matters brought before the JDC and the JDC shall operate by unanimous vote. If the JDC is unable to achieve a unanimous vote within *** of any matter being brought before the JDC, then such matter may be referred in writing to the JSC at either Party’s discretion. Each Party shall make decisions within the JDC in good faith and on a timely basis; provided that any JDC decisions shall be subject to the conditions applied to JSC decisions, as set forth in Clause 2.2.4, and to Clause 5.7.
Appears in 1 contract
Sources: Co Development and Co Commercialisation Agreement (Adaptimmune Therapeutics PLC)
JDC Decision-Making. (a) With respect to the responsibilities of the JDC, each Party shall have one vote on all matters brought before the JDC and the JDC shall operate by unanimous vote. If the JDC is unable to achieve a unanimous vote within […*** *…] of any matter being brought before the JDC, then such matter may be referred in writing to the JSC at either Party’s discretion. Each Party shall make decisions within the JDC in good faith and on a timely basis; provided that any JDC decisions shall be subject to the conditions applied to JSC decisions, as set forth in Clause 2.2.4, and to Clause 5.7.
Appears in 1 contract
Sources: Co Development and Co Commercialisation Agreement (Bellicum Pharmaceuticals, Inc)