Decision Making Process. Each member of the RMC shall have one vote, and decisions by the RMC shall be made by a majority vote. Any disagreement among members of the RMC will be resolved within the RMC based on the efficient achievement of the objectives of this Agreement. Any disagreement which cannot be resolved by a majority vote of the RMC shall be referred to the appropriate officers of SIGNAL and DPM for resolution under Article 12. It is the intent of the parties to resolve issues through the RMC whenever possible and to refer issues to the officers of SIGNAL and DPM only when resolution through the RMC cannot be achieved.
Appears in 3 contracts
Sources: Collaborative Research and License Agreement (Signal Pharmaceuticals Inc), Collaborative Research and License Agreement (Signal Pharmaceuticals Inc), Collaborative Research and License Agreement (Signal Pharmaceuticals Inc)