Common use of Project Teams Clause in Contracts

Project Teams. In order to carry out its respective obligations relating to the Project Development Activities, each of PERIMMUNE and MENTOR shall assign a defined team of employees to perform the Project Development Activities (each such team, a "Project Team" and, together, the "Project Teams"). The initial PERIMMUNE Project Team shall comprise the individuals listed on Exhibit C attached hereto and the research technicians under each of their direction and control. The initial MENTOR Project Team shall comprise the individuals listed on Exhibit D attached hereto and the research technicians under each of their direction and control. PERIMMUNE and MENTOR each agree to notify the other party of any change in the personnel comprising such party's Project Team, which changes shall remain in the sole discretion of such party.

Appears in 3 contracts

Sources: Research, Collaboration and Distribution Agreement (Intracel Corp), Research and Collaboration Agreement (Mentor Corp /Mn/), Research, Collaboration and Distribution Agreement (Intracel Corp)