JMC definition
Examples of JMC in a sentence
The JMC may invite non-members to participate in the discussions and meetings of the JMC, provided that such participants have no voting authority at the meetings of the JMC and are bound under enforceable obligations of confidentiality and non-use no less protective of the Parties’ Confidential Information than those set forth in this Agreement.
Approvals of each respective applicable JMC matter will require the unanimous agreement of the representatives of the JMC.
If the JMC or any other committee or subcommittee of the JSC cannot reach consensus on any matter within its decision-making authority within [***] after the meeting at which such failure to reach consensus occurred, then the matter will be referred for attempted resolution to the JSC.
The JMC will endeavor to reach decisions by consensus, with each Party, through its representative members of the JMC, having one vote.
The JMC may change its size from time to time by agreement of the Parties, provided that the JMC will consist at all times of an equal number of representatives of each of Arrowhead and Novartis.