Common use of Specific Responsibilities of the JEC Clause in Contracts

Specific Responsibilities of the JEC. In addition to its overall responsibility for the Collaboration, but subject to Sections 2.1(b) and 2.7(c), the JEC shall, in particular, have the following specific responsibilities with respect to Committee-Governed Products: (i) approve the global development, regulatory and commercialization strategies for the Collaboration; (ii) coordinate the Parties’ activities hereunder; (iii) approve plans and budgets for the Collaboration proposed by the JDC or JCC; (iv) review all significant and strategic issues within the purview of the various Committees; (v) manage and oversee the development and commercialization of each Product pursuant to the terms of the Agreement; (vi) review and approve any material amendments to the Approved Plans and any other items submitted to the JEC by the JDC or JCC; (vii) oversee life cycle management of, and intellectual property protection for, a Product; (viii) provide a forum for dispute resolution; and (ix) such other responsibilities as may be assigned to the JEC pursuant to the Agreement or as may be agreed between the Parties from time to time.

Specific Responsibilities of the JEC. In addition to its overall responsibility for the Collaboration, but subject to Sections 2.1(b) and 2.7(c2.6(c), the JEC shall, in particular, have the following specific responsibilities with respect to Committee-Governed Products: (i) approve the global developmentDevelopment, regulatory and commercialization Commercialization strategies for the Collaboration; (ii) coordinate the Parties’ activities hereunder; (iii) approve plans and budgets for the Collaboration proposed by the JDC or JCC; (iv) review all significant and strategic issues within the purview of the various Committees; (v) manage and oversee the development Development and commercialization Commercialization of each Product pursuant to the terms of the Agreement; (vi) review and approve any material amendments to the Approved Plans and any other items submitted to the JEC by the JDC or JCC; (vii) oversee life cycle management of, and intellectual property protection for, a Product; (viii) provide a forum for dispute resolution; and (ix) such other responsibilities as may be assigned to the JEC pursuant to the Agreement or as may be agreed between the Parties from time to time.