OC definition
Examples of OC in a sentence
The OC shall meet on a regular basis, no less than every [***] for the [***] of the Term and thereafter every [***] (unless mutually agreed otherwise), either in-person or by any means of communication as the members deem necessary or appropriate, including by telephone, videoconference or similar means in which each participant can hear what is said, and be heard, by the other participants.
Each Party’s OC representatives will be appropriately knowledgeable regarding commercialization of pharmaceutical products.
Each Party shall bear its own personnel and travel costs and expenses relating to its participation in the OC and attendance at any OC meetings.
Each Party may, upon prior notice to the other Party: (a) have representative(s) from its organization attend OC meetings as regular participants and (b) invite other subject matter experts to any OC meeting on an as needed basis, provided that such attendees shall be bound by obligations of confidentiality and non-use equivalent to those set forth in Article 8.
The OC will have an advisory role only and will not have any decision-making authority or any power or authority to amend, modify or waive any of the terms or conditions of this Agreement.