Review of Clause Samples
The 'Review of' clause establishes a formal process for evaluating certain aspects of an agreement, such as performance, deliverables, or compliance, at specified intervals or upon request. Typically, this clause outlines who is responsible for conducting the review, the criteria or standards to be assessed, and the procedures for addressing any issues identified during the review. Its core practical function is to ensure ongoing oversight and accountability, allowing parties to identify and resolve problems early, thereby maintaining the quality and effectiveness of the contractual relationship.
Review of categorisation The Board shall:
(a) prior to the end of each Triennial Review Period review a breakdown of the Annual Turnover of each Member falling within the categories described in clauses 3.2.1(a), 3.2.1(b) and 3.2.1(c); and
(b) prior to the end of each Annual Review Period review a breakdown of the Annual Turnover of each Member falling within the categories described in clauses 3.2.1(d), 3.2.1(e) and 3.2.1(f), for the purpose of determining whether any change needs to be made to the category of membership to which it is then allocated having regard to the Annual Turnover of that Member amongst the categories of activities respectively set out in clauses 3.2.1(a)-(f) at that time (if appropriate, determined by reference to its most recently published audited accounts).
Review of. [*] as Potential Development Compound. The Parties acknowledge that CK has identified and developed certain Compounds, and that the Compound referred to by CK as [*] may potentially meet the Development Compound Criteria guidelines set forth in Exhibit 2.5. In addition, the Parties acknowledge that CK has commenced and is continuing product development activities with respect to [*], and the Parties have discussed CK's continuing development program, including the costs thereof, for such Compound. Promptly after the Effective Date, the JRC shall determine whether and when to recommend [*] as a Development Compound, and, if the JRC so recommends, [*] shall determine whether or not to approve [*] as a Development Compound in accordance with Section 2.5 above, and will notify [*] of its decision, including the reasons for such decision, it being understood that [*] retains the absolute right to approve or not approve [*] as a Development Compound.
Review of. One year after the Effective Date, and each year thereafter, the Parties shall review and discuss revising the [*] provided in Section 6.2 through good faith negotiation. Any revised [*] shall apply for an entire calendar year. The Parties acknowledge that such negotiation may result in the same [*], lower [*] or higher [*].
Review of. In the **** of each of Contract Period 1, Contract Period 2 and where applicable **** and ****, to the extent necessary, the **** can be reviewed as follows: (a) Label may **** provided that (1) notice has been provided at least **** in advance of such date, and (2) Company will not be **** to ****; and (b) in the event that the **** in **** increases by more than **** compared to its equivalent at the date of execution of the Agreement, on no less than **** written notice to Company, Label may apply a **** not to ****, provided that (x) Company will not be **** to **** in respect of ****, and (y) in the event that Company presents evidence to Label that such **** in any of ****, Label and Company agree to have a good faith discussion regarding such ****. **** Confidential portion omitted and filed separately with the Securities and Exchange Commission pursuant to a request for confidential treatment.
Review of agreement This agreement will be reviewed annual to ensure that it is still fit for purpose.