Common use of Joint Development Program Management Clause in Contracts

Joint Development Program Management. 9.01 During the term of this Agreement, the Steering Committee shall have as its responsibility the overall management of the activities conducted under this Agreement by the Parties, including the performance of the Joint Development Program, approval of Statements of Work, the transmittal of data, samples and Confidential Information. 9.02 Decisions of the Steering Committee shall be by majority of a quorum of the Steering Committee, with appointed members being able to vote by telephone if necessary. A quorum shall mean at least two (2) or more members, with an equal number of members from each Party. The Steering Committee may decide to delegate responsibilities, in which case the delegates will be responsible for submitting reports of their activities to be read into the Steering Committee minutes, which delegate reports will thereby be incorporated into the Steering Committee minutes. All decisions made by the Steering Committee shall be in writing with the signature of each Steering Committee member and shall become part of the minutes. 9.03 The decisions and activities of the Steering Committee will be recorded in minutes of the meetings of the Steering Committee. At a minimum, the minutes will contain: (a) the time and place of the meeting; (b) the names and titles of the attendees, including those present by telephone; and (c) the identity of the Joint Development Program under consideration. 9.04 The Statement of Work may be modified from time-to-time by the Steering Committee, but the Steering Committee has no authority to modify the terms of this Agreement. All Statements of Work to be conducted under this Agreement must be approved by the Steering Committee. 9.05 If the Steering Committee is unable to reach agreement as to any decision required of it, the issue shall be resolved between the Chief Executive Officer of Gecko and the Chief Executive Officer of MCEL. 9.06 During the course of the Joint Development Program, the Parties, with representation by the Steering Committee, shall meet as necessary (initially at least once every quarter) and at mutually convenient times and places to conduct responsibilities in accordance with this Agreement, to discuss progress and results of the Joint Development Program, and to revise the Statement of Work in writing as mutually agreed from time-to-time.