Common use of Oversight Board Clause in Contracts

Oversight Board. BDAL and PKI will each appoint two members to serve on an oversight board ("Oversight Board") with respect to this Agreement. Initially, the representative of BDAL will be ▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇ and ▇▇▇▇▇▇ ▇▇▇▇▇▇, and the representatives of PKI will be Dr. ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ and ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇. The oversight board will meet on a quarterly basis or as otherwise agreed upon by BDAL and PKI to review the progress under the ---------- (10) [*] Indicates information has been omitted and separately filed with the Securities and Exchange Commission pursuant to an application for an order declaring confidential treatment thereof. Agreement, to review and approve modifications to this Agreement, and attempt in good faith to resolve any disputes that may arise before the arbitration provisions of Section 13.9 are invoked to resolve any dispute. The Oversight Board will also meet, in person or by telephone, to address any issues relating to the interpretation of the field of use language in Section 5 in order to minimize customer confusion and resolve disputes as quickly as possible.