Common use of JSC Clause in Contracts

JSC. Promptly, but in no event later than ten (10) days from the Effective Date, the Parties shall establish a joint steering committee (“JSC”) which shall consist of two (2) Representatives from each of the Parties, with each Representative (including replacements) having the requisite experience and seniority to enable such person to make decision on behalf of the Parties with respect to the issues falling within the jurisdiction of the JSC. The Parties may substitute at any time, any of its Representatives on written notice to the other Party. ADCT shall select from its Representatives the chairperson for the JSC. The JSC shall: 2.4.1 Meet at least once a quarter in person or by telephone or as otherwise agreed to by the Parties; 2.4.2 Be responsible for the oversight of the progress of the activities of each Party under the Development Plan; 2.4.3 Select the [***] SAFEbody Panel and the [***] SAFEbody Panel; 2.4.4 Review the Periodic Development Reports and Final Reports for each PoC (as defined in Section 2.5); 2.4.5 Discuss and seek resolution of issues around the execution and completion of the Development Plan.