Additional Research Programs Sample Clauses
Additional Research Programs. During the Merck Participation Term for a given Program, the Parties may conduct one or more Additional Research Programs focused on advancing the Research and Manufacturing of mRNA Cancer Vaccines (including Collaboration Products) for such Program, subject to and in accordance with the terms of this Agreement and the applicable Additional Research Plan (each, an “Additional Research Program”).
Additional Research Programs. In the event that either Party, during the term of this Agreement, has what it believes is a valid concept for discovering potential Second Generation Compounds that are reasonably likely to have successful commercial application, such Party shall promptly report such concept to the Joint Steering Committee together with a recommended specific research program pursuant to which any such concept could be added to the Program. Such recommendation shall include a proposed research plan and budget. The Joint Steering Committee shall make a determination with respect to each such recommendation as soon as practicable after such recommendation is made but in no event later than ninety (90) days. In the event that the Joint Steering Party fails or declines to approve any recommended research program as an addition to the Program within the aforementioned ninety (90)-day period (or such longer period as the Parties may mutually agree), then the Party which recommended such research program shall be free to develop, market and sell any compounds developed in such research program itself or with a Third Party, free of any restrictions under this Agreement, including but not limited to those set forth in Article 2 hereof.
Additional Research Programs. 14 5.2. Conduct of Research Program................................................................... 14 5.2.1. General............................................................................... 14 5.2.2. Annual Research Plan.................................................................. 14 5.2.3. Data.................................................................................. 15 5.2.4. Sources of Compounds.................................................................. 15 5.2.5. Semi-Annual Reports................................................................... 15 (ii)
Additional Research Programs. In the event that either Party, during the term of this Agreement, has what it believes is a valid concept for discovering potential Second Generation Compounds that are reasonably likely to have successful commercial application, such Party shall promptly report such concept to the Joint Steering Committee together with a recommended specific research program pursuant to which any such concept could be added to the Program. Such recommendation shall include a proposed research plan and budget and shall include details explaining why the recommending party believes that the proposed concept could lead to the discovery of Second Generation Compounds that may have significant performance or other advantages over the compounds ongoing Research Programs. The Joint Steering Committee shall make a determination with respect to each such recommendation as soon as practicable after such recommendation is made but in no event later than ninety (90) days. In the event that the Joint Steering Committee fails or declines to approve any recommended research program as an addition to the Program within the aforementioned ninety (90) day period (or such longer period as the Parties may mutually agree), then the Party which recommended such research program shall be free to develop, market and sell any compounds developed in such research program by itself, including with the assistance of third party contractors, provided, however, that any compounds developed in such research program [*]. If the Joint Steering Committee approves the recommended research program as an addition to the Program, then the research program may commence immediately in [*] Omitted portions filed separately with the Securities and Exchange Commission. accordance with the proposed research plan and budget. At such time during the research program as either Party identifies a specific potential Second Generation Compound for development, such Party shall promptly report such compound to the Joint Steering Committee together with a recommended specific research plan and budget relating to the development of such compound. The Joint Steering Committee shall make a determination with respect to each such recommendation as soon as practicable after such recommendation is made but in no event later than ninety (90 days). If the Joint Steering Committee approves the recommended research program for the specific potential Second Generation Compound as an addition to the Program, then the research program...
Additional Research Programs. The Research Program Terms for the second and third Research Programs shall commence upon the applicable Program Acceptance Notice and continue for [*], unless extended for [*] pursuant to Section 2.1.5.3 or earlier terminated pursuant to ARTICLE 10 or Section 11.2.