Common use of Joint Research Committee Clause in Contracts

Joint Research Committee. Within thirty (30) days after the Effective Date, Cephalon and Ambit shall establish a Joint Research Committee, comprised of Ambit and Cephalon scientists, to manage the scientific implementation of the Collaboration. The responsibilities of the JRC shall include: (a) monitoring and reporting the progress of the Collaboration and ensuring open and frequent exchange between the Parties; (b) establishing criteria for the selection of Collaboration Compounds for each Collaboration Target; (c) identifying and resolving any scientific or technical conflicts between the Parties; (d) approving, modifying and overseeing the implementation of a Research Plan for each Collaboration Target and its associated program undertaken in the Collaboration; (e) coordinating with the Patent Committee all patent activities as they relate to the results of the Collaboration, and in keeping with the overall patent strategy delineated by the Patent Committee; and (f) taking such action that is contemplated for the JRC to take pursuant to Article IV.

Joint Research Committee. Within thirty (30) days after the Effective Date, Cephalon and Ambit shall establish a Joint Research Committee, comprised of Ambit and Cephalon scientists, to manage the scientific implementation of the Collaboration. The responsibilities of the JRC shall include: (a) monitoring and reporting the progress of the Collaboration and ensuring open and frequent exchange between the Parties; (b) establishing criteria for the selection of Collaboration Compounds for each Collaboration Target; (c) identifying and resolving any scientific or technical technical; conflicts between the Parties; (d) approving, modifying and overseeing Overseeing the implementation of a Research Plan for each Collaboration Target and its associated program undertaken in the Collaboration; (e) coordinating with the Patent Committee all patent activities as they relate to the results of the Collaboration, and in keeping with the overall patent strategy delineated by the Patent Committee; and (f) taking such action that is contemplated for the JRC to take pursuant to Article IV.

Joint Research Committee. Within thirty (30) days after the Effective Date, Cephalon and Ambit Pharmacopeia shall establish a Joint Research Committee, comprised of Ambit Pharmacopeia and Cephalon scientists, to manage the scientific implementation of the Collaboration. The responsibilities of the JRC shall include: (ai) monitoring and reporting the progress of the Collaboration and ensuring open and frequent exchange between the Parties; (bii) establishing criteria for the selection of Collaboration Compounds for each Collaboration Target; (ciii) identifying and resolving any scientific or technical conflicts between the Parties; (div) approving, modifying approving and overseeing the implementation of a Research Plan for each Collaboration Target and its associated program undertaken in the Collaboration; (ev) determining if and when a Development Compound has been identified with respect to each Collaboration Target; and (vi) coordinating with the Patent Committee all patent activities as they relate to the results of the Collaboration, and in keeping with the overall patent strategy delineated by the Patent Committee; and (f) taking such action that is contemplated for the JRC to take pursuant to Article IV.