Common use of JRC Responsibilities Clause in Contracts

JRC Responsibilities. During any of the Research Terms, the JRC will: 4.4.1. Review, discuss and provide advice as to the progress of research activities to identify and characterize Compounds; 4.4.2. Review, discuss and provide advice on the progress of Research Activities as against the applicable Research Plan and Research Budget for each Research Program; 4.4.3. Review and discuss Morphic’s estimates of the FTE Costs and Out-of-Pocket Costs anticipated to be incurred in the performance of the Morphic Research Activities for the subsequent two (2) Calendar Years, in accordance with Section 2.2.3 (Updates to Research Plans and Research Budgets); 4.4.4. Review, discuss and determine whether to approve (a) any updates to any Research Plan or Research Budget, in accordance with Section 2.2.3 (Updates to Research Plans and Research Budgets) and (b) any excess costs incurred by Morphic in the performance of the Morphic Research Activities, in accordance with Section 2.3.1 (Allocation of Costs); 4.4.5. Review, discuss and develop a Research Plan for each Replacement Target MoA, in accordance with Section 2.6.5 (Research Plans for Replacement Target MoAs); 4.4.6. Review, discuss and coordinate the delivery of the reports by Morphic regarding the Research Activities, in accordance with Section 2.8 (Research Reports); 4.4.7. Review and discuss the IND-Enabling Study Report for each Research Program delivered to the JRC by ▇▇▇▇▇▇▇, in accordance with Section 3.3 (IND-Enabling Study Report); 4.4.8. Form such other committees as the JRC may deem appropriate, including (a) individual committees to oversee Research Activities under a particular Research Program and (b) the JFC, in accordance with Section 4.5 (Joint Finance Committee); 4.4.9. Attempt to resolve any disputes between the Parties related to the performance of the Research Activities on an informal basis (subject to Section 4.6 (JRC Decision-Making), Section 4.7 (Resolution of JRC Disputes) and Section 4.8 (Limitations on Decision Making)); and 4.4.10. Perform such other functions as expressly set forth in this Agreement or allocated to the JRC by the written agreement of the Parties.