Common use of JSC Functions Clause in Contracts

JSC Functions. The JSC’s responsibilities with respect to the Research Program are as follows: (a) Overseeing and coordinating the activities of the Parties under the Research Program; (b) Facilitating the exchange of Know-How and materials as required hereunder; (c) Establishing reasonable, objective criteria for determining whether Antibodies (and back-up Antibodies, if applicable) selected for research pursuant to the Research Plan; (d) Determining that an Antibody has failed and, if it has failed, whether it should be replaced with a backup Antibody; (e) Establishing reasonable, objective criteria for determining whether an Antibody progresses through the different stages of a Research Plan; (f) Periodically reviewing the progress of the Research Programs; (g) Preparing, updating or modifying a Research Plan, including without limitation to provide for new or additional research to be conducted in connection with failures of an Antibody to meet success criteria; and (h) Approving the occurrence of a CSCP.