Common use of Appointment is a Right Clause in Contracts

Appointment is a Right. The appointment of members of the JDC, JMC and JCC and Alliance Managers is a right of each Party and not an obligation and shall not be a “deliverable” as defined in EITF Issue No. 00-21. Each Party shall be free to determine not to appoint members to the JDC, JMC and JCC and not to appoint an Alliance Manager.

Appears in 1 contract

Sources: Collaboration and Exclusive License Agreement (Ariad Pharmaceuticals Inc)

Appointment is a Right. The appointment of members of the JSC, JDC, JMC and JCC and Alliance Managers is a right of each Party and not an obligation and shall not be a “deliverable” as defined in EITF Issue No. 00-21. Each Party shall be free to determine not to appoint members to the JSC, JDC, JMC and JCC and not to appoint an Alliance Manager.

Appears in 1 contract

Sources: Collaboration Agreement (Ariad Pharmaceuticals Inc)