Common use of Statutory Auditor Clause in Contracts

Statutory Auditor. In addition to the independent certified public accountant to be employed pursuant to Section 7.2 hereof, the Company shall have one (1) statutory auditor to be nominated by Teijin and to be elected by resolution of the General Shareholders' Meeting.

Appears in 2 contracts

Sources: Joint Venture Agreement (Pharmacopeia Inc), Joint Venture Agreement (Molecular Simulations Inc)