Common use of Recusal Clause in Contracts

Recusal. The Parties covenant and agree that as long as Xxxxx Xxxxx is a member of senior management or the governing board of both BioXcel and BTI, he may participate in discussions at the senior management and governing board levels for each of BioXcel and BTI but shall not vote on matters coming before either governing board material to this Agreement, the Amended & Restated Separation and Shared Services Agreement or other agreements relating to the relationship between the Parties. Each Party shall ensure that Xxxxx Xxxxx recuses himself with respect to governing board matters consistent with this Section 11.

Appears in 5 contracts

Samples: Asset Contribution Agreement (BioXcel Therapeutics, Inc.), Asset Contribution Agreement (BioXcel Therapeutics, Inc.), Asset Contribution Agreement (BioXcel Therapeutics, Inc.)

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