Common use of Communications Coordination Clause in Contracts

Communications Coordination. Nanosys and MEW each shall keep the other generally informed from time to time during the Development Period of any results from the Development Project. Without limiting the generality of the foregoing the parties shall hold during the Development Period a technical meeting every month, and a managerial meeting every three (3) months. Unless otherwise agreed such meeting shall be held at Nanosys' facilities. Each party shall appoint a "Project Manager," who shall oversee such party's efforts on the Development Project and any meetings, exchanges, visits and collaboration between the parties hereunder. The initial Project Manager for Nanosys is [*** Redacted]; the initial Project Manager for MEW is [*** Redacted]. The parties may from time to time change the identity of its Project Manager upon written notice. At any time upon the request of MEW, but in no event more frequent than once per calendar quarter, Nanosys will prepare a written report summarking the work done to-date and the results meeting the specifications of the Development Goals.

Communications Coordination. Nanosys and MEW each shall keep the other generally informed from time to time during the Development Period of any results from the Development Project. Without limiting the generality of the foregoing the parties shall hold during the Development Period a technical meeting every month[*** Redacted], and a managerial meeting every three (3) months[*** Redacted]. Unless otherwise agreed such meeting shall be held at Nanosys' facilities. Each party shall appoint a "Project Manager," who shall oversee such party's efforts on the Development Project and any meetings, exchanges, visits and collaboration between the parties hereunder. The initial Project Manager for Nanosys is [*** Redacted]; the initial Project Manager for MEW is [*** Redacted]. The parties may from time to time change the identity of its Project Manager upon written notice. At any time upon the request of MEW, but in no event more frequent than once per calendar quarter[*** Redacted], Nanosys will prepare a written report summarking the work done to-date and the results meeting the specifications of the Development Goals.