Common use of RMT Clause in Contracts

RMT. 2.1 The Parties shall establish and maintain for the duration of the Project Period a RMT. Save as follows, the RMT shall comprise Dr. ▇▇▇ ▇▇▇▇▇▇▇, Chief Scientific Officer, DMD and Dr. ▇▇▇▇▇▇▇ ▇▇▇▇▇▇, Head of Chemistry from the Sponsor and Pro▇▇▇▇▇▇ ▇▇▇ ▇▇▇▇▇▇ ▇▇d Dr. Ang▇▇▇ ▇▇▇▇▇▇▇ ▇▇om the University. Each party shall be entitled to replace its members on the RMT with equivalently qualified and experienced persons. The parties agree that Dr. ▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇all be appointed as an independent member of the RMT. 2.2 The RMT shall meet every [**] weeks, either face to face, by conference call or by videoconference. RMT meetings will be co-chaired by Pro▇▇▇▇▇▇ ▇▇▇ ▇▇▇▇▇▇ ▇▇d Dr. ▇▇▇ ▇▇▇▇▇▇▇. Each of the University and Sponsor agree that any number of observers may attend RMT meetings. Observers may include members of the Principal Investigators’ research groups, Summit employees, and in line with the University of Oxford’s Conflicts of Interest Policy, the respective Heads of Departments of DPAG and Chemistry or their nominees. For the avoidance of doubt, the conduct of the RMT shall be under the terms of the Agreement including but not limited to clause 4 and any Confidential Information disclosed by one Party to the other during the course of any RMT meeting shall be treated in accordance with clause 4. 2.3 The functions of the RMT shall be:- 2.3.1 to ensure timely execution of the research plan and budget and the interchange of information and ideas between the University and Sponsor such that are relevant to the Project; 2.3.2 to provide day to day oversight of the Project; and 2.3.3 to make decisions regarding the appointment of third party contractors and placing of work orders to assist with the performance of the Project. 2.4 Save as expressly provided in the following sentence, the RMT shall not have the right to amend research plan without prior recourse to the JSC.

RMT. 2.1 The Parties shall establish and maintain for the duration of the Project Option Period a RMT. Save as follows, the RMT shall comprise Dr. ▇▇▇ ▇▇▇▇▇▇▇, Chief Scientific Officer, DMD and Dr. ▇▇▇▇▇▇▇ ▇▇▇▇▇▇, Head of Chemistry from the Sponsor Summit and Pro▇▇▇▇▇▇ ▇▇▇ ▇▇▇▇▇▇ ▇▇d Dr. Ang▇▇▇ ▇▇▇▇▇▇▇ ▇▇om the University. Each party shall be entitled to replace its members on the RMT with equivalently qualified and experienced persons. The parties agree that Dr. ▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇all be appointed as an independent member of the RMT. 2.2 The RMT shall meet every [**] weeks, either face to face, by conference call or by videoconference. RMT meetings will be co-chaired by Pro▇▇▇▇▇▇ ▇▇▇ ▇▇▇▇▇▇ ▇▇d Dr. ▇▇▇ ▇▇▇▇▇▇▇. Each of the University and Sponsor Summit agree that any number of observers may attend RMT meetings. Observers may include members of the Principal Investigators’ research groups, Summit employees, and in line with the University of Oxford’s Conflicts of Interest Policy, the respective Heads of Departments of DPAG and Chemistry or their nominees. For the avoidance of doubt, the conduct of the RMT shall be under the terms of the Agreement including but not limited to clause 4 8 and any Confidential Information disclosed by one Party to the other during the course of any RMT meeting shall be treated in accordance with clause 48. 2.3 The functions of the RMT shall be:- 2.3.1 to ensure timely execution of the research plan and budget and the interchange of information and ideas between the University and Sponsor such that are relevant to Summit in the ProjectResearch Field; 2.3.2 to provide day to day oversight of the Projectresearch by the Founder and their teams in the Research Field; and 2.3.3 to make decisions regarding the appointment of third party contractors and placing of work orders to assist with the performance of the Projectresearch in the Research Field. 2.4 Save as expressly provided in the following sentence, the RMT shall not have the right to amend research plan without prior recourse to the JSC.

RMT. 2.1 The Parties shall establish and maintain for the duration of the Project Period a RMT. Save as follows, the RMT shall comprise Dr. ▇▇▇ ▇▇▇▇▇▇▇, Chief Scientific Officer, DMD and Dr. ▇▇▇▇▇▇▇ ▇▇▇▇▇▇, Head of Chemistry from the Sponsor and Pro▇▇▇▇▇▇ ▇▇▇ ▇▇▇▇▇▇ ▇▇d Dr. Ang▇▇▇ ▇▇▇▇▇▇▇ ▇▇om the University. Each party shall be entitled to replace its members on the RMT with equivalently equivalentty qualified and experienced persons. The parties agree that Dr. ▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇all be appointed as an independent member of the RMT. 2.2 The RMT shall meet every [**] weeks, either face to face, by conference call or by videoconference. RMT meetings will be co-chaired by Pro▇▇▇▇▇▇ ▇▇▇ ▇▇▇▇▇▇ ▇▇d Dr. ▇▇▇ ▇▇▇▇▇▇▇. Each of the University and Sponsor agree that any number of observers may attend RMT meetings. Observers may include members of the Principal Investigators’ research groups, Summit employees, and in line with the University of Oxford’s Conflicts of Interest Policy, the respective Heads of Departments of DPAG and Chemistry or their nominees. For the avoidance of doubt, the conduct of the RMT shall be under the terms of the Agreement including but not limited to clause 4 and any Confidential Information disclosed by one Party to the other during the course of any RMT meeting shall be treated in accordance with clause 4. 2.3 The functions of the RMT shall be:- 2.3.1 to ensure timely execution of the research plan and budget and the interchange of information and ideas between the University and Sponsor such that are relevant to the Project; 2.3.2 to provide day to day oversight of the Project; and 2.3.3 to make decisions regarding the appointment of third party contractors and placing of work orders to assist with the performance of the Project. 2.4 Save as expressly provided in the following sentence, the RMT shall not have the right to amend research plan without prior recourse to the JSC.