Common use of Meetings and Progress Reports Clause in Contracts

Meetings and Progress Reports. During the term of the ----------------------------- Development Program, Xxxxxxx and SRI shall keep STC generally informed of the progress under each Task, including telephonic conferences or other communications at STC's request and meetings at Xxxxxxx, SRI or STC, at STC's request. The parties will meet approximately four times a year, but in no case shall there be (i) more than four (4) months between meetings or a delay of more than one (1) month from the date of completion of a Task, except as mutually agreed in writing. The first meeting shall be held at Xxxxxxx shortly after the Effective Date. The reasonable travel and subsistence costs for those SRI and/or Xxxxxxx meeting participants invited by STC to attend a meeting will be invoiced separately from Development Program payments and shall be paid by STC, upon the presentation of accurate and complete conforming documentation. Xxxxxxx or SRI, as the case may be, will provide STC with minutes of each meeting within ten (10) days after the conduct of such meeting. STC shall give GIB (as such term is defined in Section 17.5) prompt notice of the arrangement of any proposed meeting between STC and any Licensor relating to the Development Program. A representative of GIB (reasonably acceptable to the parties) shall be permitted to attend any such meeting. All costs and expenses of GIB and its representative in connection with attendance at such meeting shall be borne by GIB. A written report from Xxxxxxx and SRI containing, in reasonable detail, a description of the work performed by Xxxxxxx and SRI under each Task of the Development Program and the results thereof will be transmitted to STC upon the first to occur of (i) fifteen (15) days after the completion of each Task and (ii) five (5) days prior to each scheduled meeting relating to such Task.

Appears in 3 contracts

Samples: Research and License Agreement (Orasure Technologies Inc), Research and License Agreement (Orasure Technologies Inc), Research and License Agreement (Orasure Technologies Inc)

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Meetings and Progress Reports. During the term of the ----------------------------- Development Program, Xxxxxxx and SRI shall each keep STC generally informed of the progress under each Taskof their respective Tasks, including telephonic conferences or other communications at STC's request and meetings at Xxxxxxx, SRI or STC, at STC's request. The parties Program Advisory Team will meet approximately four times a year, but in no case shall there be (i) more than four (4) months between meetings or a delay of more than one (1) month from the date of completion of a Task, except as mutually agreed in writing. The first meeting shall be held at Xxxxxxx shortly after the Effective Date. The reasonable travel and subsistence costs for those SRI and/or Xxxxxxx meeting participants invited by STC to attend a meeting will be invoiced separately from Development Program payments and shall be paid by STC, upon the presentation of accurate and complete conforming documentation. If requested by STC, Xxxxxxx or SRI, as the case may be, will provide STC with minutes of each meeting within ten (10) days after the conduct of such meeting. STC shall give GIB (as such term is defined in Section 17.5) prompt notice of the arrangement of any proposed meeting between STC and any Licensor relating to the Development Program. A representative of GIB (reasonably acceptable to the parties) shall be permitted to attend any such meeting. All costs and expenses of GIB and its representative in connection with attendance at such meeting shall be borne by GIB. A In the event and to the extent required by STC and included in a Task Order, a written report from Xxxxxxx and SRI containing, in reasonable detail, a description of the work performed by Xxxxxxx and SRI under each Task of their respective Tasks of the Development Program and the results thereof will be transmitted to STC upon the first to occur of (i) fifteen (15) days after the completion of each Task and (ii) five (5) days prior to each scheduled meeting relating to such Task.

Appears in 2 contracts

Samples: Research and License Agreement (Orasure Technologies Inc), Research and License Agreement (Orasure Technologies Inc)

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