JIC definition
Examples of JIC in a sentence
The JIC shall not have the authority to alter, or waive compliance by a Party with, a Party’s obligations under this Agreement.
The JIC will have solely the information sharing role assigned to it in Section 5.3.1. The JIC will have no authority to amend, modify or waive compliance with this Agreement or make any decision other than those specifically assigned under this Article 5 to be made by the JIC.
The JIC may meet by remote conference, or any other method determined by the JIC.
For clarity, the JIC shall have no decision-making power with respect to a Party’s activities under this Agreement.
Each Party shall initially appoint [**] employee-representatives to represent such Party at the JIC.
The meetings of the JIC shall occur in a format and at a location agreed to by the Parties.
For clarity, both Parties acknowledge and agree that ▇▇▇’s role on the JIC will be purely advisory.
Until the [**] of the Effective Date, the JIC will meet at least [**] at a mutually agreed location and time.
Each Party will bear its own costs associated with participating in the JIC and any subcommittee or working group thereof.