Common use of Development Committee Clause in Contracts

Development Committee. As soon as practicable, the Parties will establish a joint development committee, comprised of at least one (1) and up to two (2) representatives of Omega and at least one (1) and up to two (2) representatives of Acuitas (the “JDC”). One such representative from each Party will be such Party’s Workplan Leader. Each Party may replace its Workplan Leader and other JDC representatives at any time upon written notice to the other Party, provided, however, that each Party shall use reasonable efforts to ensure continuity on the JDC. With the consent of the other Party (which will not be unreasonably withheld, conditioned or delayed), each Party may invite non-voting employees and consultants to attend JDC meetings as necessary, subject to consultant’s agreement to be bound to the same extent as a permitted subcontractor under Section 3.1(i).

Appears in 2 contracts

Samples: Development and Option Agreement (Omega Therapeutics, Inc.), Development and Option Agreement (Omega Therapeutics, Inc.)

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Development Committee. As soon as practicable, the Parties will establish a joint development committee, comprised of at least one (1) up to [**] representatives of Verve and up to two (2) representatives of Omega and at least one (1) and up to two (2) [**] representatives of Acuitas (the “JDC”). One such representative from each Party will be such Party’s Workplan Leader. Each Party may replace its Workplan Leader and other JDC representatives at any time upon written notice to the other Party, provided, however, that each Party shall use reasonable efforts to ensure continuity on the JDC. With the consent of the other Party (which will not be unreasonably withheld, conditioned or delayed), each Party may invite non-voting employees and consultants to attend JDC meetings as necessarymeetings, subject to consultant’s their agreement to be bound to the same extent as a permitted subcontractor under Section 3.1(i).

Appears in 2 contracts

Samples: Development and Option Agreement (Verve Therapeutics, Inc.), Development and Option Agreement (Verve Therapeutics, Inc.)

Development Committee. As soon as practicable, the Parties will establish a joint development committeeJoint Development Committee, comprised of at least one (1) up to […***…] representatives of CureVac and up to two (2) […***…] representatives of Omega and at least one (1) and up to two (2) representatives of Acuitas Arcturus (the "JDC"). One such representative from each Party will be such Party’s Workplan Work Plan Leader. Each Party may replace its Workplan Work Plan Leader and other JDC representatives at any time upon written notice to the other Party, provided, however, that each Party shall use reasonable efforts Diligent Efforts to ensure continuity on the JDC. With the consent of the other Party (which will not be unreasonably withheld, conditioned delayed or delayedconditioned), each Party may invite non-voting employees and consultants to attend JDC meetings as necessaryof the JDC, subject to consultant’s their agreement to be bound to the same extent as a permitted subcontractor under Section 3.1(i)3.4.

Appears in 1 contract

Samples: Development and Option Agreement (Arcturus Therapeutics Ltd.)

Development Committee. As soon as practicable, the Parties will establish a joint development committeeJoint Development Committee, comprised of at least one (1) up to [*****] representatives of CureVac and up to two (2) [*****] representatives of Omega and at least one (1) and up to two (2) representatives of Acuitas Arcturus (the "JDC"). One such representative from each Party will be such Party’s Workplan Work Plan Leader. Each Party may replace its Workplan Work Plan Leader and other JDC representatives at any time upon written notice to the other Party, provided, however, that each Party shall use reasonable efforts Diligent Efforts to ensure continuity on the JDC. With the consent of the other Party (which will not be unreasonably withheld, conditioned delayed or delayedconditioned), each Party may invite non-voting employees and consultants to attend JDC meetings as necessaryof the JDC, subject to consultant’s their agreement to be bound to the same extent as a permitted subcontractor under Section 3.1(i)3.4.

Appears in 1 contract

Samples: Development and Option Agreement (CureVac B.V.)

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Development Committee. As soon as practicable, the Parties will establish a joint development committee, comprised of at least one (1) and up to two (2) representatives of Omega and at least one (1) GreenLight and up to two (2) representatives of Acuitas (the “JDC”). One such representative from each Party will be such Party’s Workplan Leader. Each Party may replace its Workplan Leader and other JDC representatives at any time upon written notice to the other Party, provided, however, that each Party shall use reasonable efforts to ensure continuity on the JDC. With the consent of the other Party (which will not be unreasonably withheld, conditioned or delayed), each Party may invite non-voting employees and consultants to attend JDC meetings as necessarymeetings, subject to consultant’s their agreement to be bound to the same extent as a permitted subcontractor Permitted Subcontractor under Section 3.1(i).

Appears in 1 contract

Samples: Development and Option Agreement (Environmental Impact Acquisition Corp)

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