Annual Research Plans. The initial Annual Research Plan and budget, which describes the research activities to be carried out by each Party during the first Fiscal Year of the Research Program Term for the initial Program Targets shall be prepared by the JPT and submitted to, and approved by, the JSC within [***] days of the Effective Date. For each subsequent Fiscal Year during the Research Program Term commencing with the second Fiscal Year, an Annual Research Plan and budget shall be prepared by or at the direction of the JPT and submitted to the JSC for its approval. The JPT shall manage the preparation of each Annual Research Plan in a manner designed to obtain JSC approval no later than [***] days prior to the end of the then-current Fiscal Year. Each Annual Research Plan shall: (a) set forth (i) the research objectives and activities to be performed for the Fiscal Year covered by the Annual Research Plan with reasonable specificity, (ii) the research plans and protocols to be employed to complete each stage of the Research Program, (iii) changes to the OLSC for each Program Target and any other criteria that the JPT utilizes to evaluate the results of the Research Program in order to nominate Optimized Lead Compounds for Program Targets, (iv) the Party that shall be responsible for performing such activities, (v) a timeline and budget for such activities (including any Third Party Costs), and (vi) with respect to ARCHEMIX Research Activities, the number of FTEs estimated to be required to perform such activities, and (b) shall be consistent with the other terms of this Agreement. Without limiting the generality of the foregoing, the objectives of each Annual Research Plan shall include, as appropriate from time to time during the Research Program Term, conducting the necessary research activities to identify Program Aptamers or to determine whether Program Aptamers should be nominated to the JSC as Optimized Lead Compounds. Any Annual Research Plan may be amended from time to time by the JSC pursuant to Section 2.1.4. Each amendment, modification and update to the Annual Research Plan shall include the resulting changes to the budget, including the number of FTEs to be utilized by ARCHEMIX, and shall be set forth in a written document prepared by, or at the direction of, the JPT and approved by the JSC, shall specifically state that it is an amendment, modification or update to the Annual Research Plan and shall be attached to the minutes of the meeting of the JSC at whic...
Annual Research Plans. Within sixty (60) days after the Effective Date, the Joint Research Committee shall agree upon a written plan for the specific activities to be conducted in connection with the Research Collaboration during the first Contract Year (the "Annual Research Plan"), which plan shall be based on the Draft Overall Research Plan. Thereafter, by each anniversary of the Effective Date of each year during the Research Collaboration, GTC shall submit to the Joint Research Committee a written proposed Annual Research Plan for the following Contract Year. The Joint Research Committee shall review each such proposal as soon as practicable and shall approve within forty-five (45) days of each such submission the final Annual Research Plan for the next succeeding Contract Year.
Annual Research Plans. 11 4.6.3. Periodic Reviews . . . . . . . . . . . . . . . 11 4.6.4. Membership of Joint Research Committee . . . . 11 4.6.5.
Annual Research Plans. Within forty-five (45) days after the Effective Date, the Joint Research Committee shall agree upon a written plan for the specific activities to be conducted in connection with the Research Collaboration during calendar year 1996 (the "Annual Research Plan"). Thereafter, by October 1 of each year during the Research Collaboration beginning with October 1, 1996, GTC shall submit to the Joint Research Committee a written proposed Annual Research Plan for the following calendar year. The Joint Research Committee shall review each such proposal as soon as practicable and shall approve no later than December 31 of such year the final Annual Research Plan for the next succeeding calendar year.
Annual Research Plans. The Research Collaboration shall be carried out ---------------------- in accordance with a written Annual Research Plan, which shall establish specific research objectives for the applicable year consistent with the amount of research funding being provided by BMS pursuant to this Agreement, and the research tasks to be performed by each party. Each Annual Research Plan, when approved by the RSC, shall be signed and dated by a representative of each party serving on the RSC. The Annual Research Plan for the first year of the Research Collaboration shall be determined as soon as practicable after the Execution Date. The date of execution of the Annual Research Plan for the first year shall be deemed to be the "Effective Date" for all purposes under this Agreement. Discussions regarding subsequent Annual Research Plans shall be commenced by the Research Steering Committee at least three (3) months prior to the annual anniversary of the Effective Date during the Research Term, and shall be finalized by *** Information omitted and filed separately with the Commission under Rule 24b-2. the RSC at least thirty (30) days prior to such annual anniversary of the Effective Date. The Annual Research Plan shall be reviewed on an ongoing basis and may be amended by the Research Steering Committee from time to time.
Annual Research Plans. Within sixty (60) days after the Effective Date, the Joint Research Committee shall agree upon a written plan for the specific activities to be conducted in connection with the Research Collaboration during calendar year 1997 (the "Annual Research Plan"). Thereafter, by October 1 of each year during the Research Collaboration beginning with October 1, 1997, GTC shall submit to the Joint Research *Confidential Treatment Requested -9- 15 Committee a written proposed Annual Research Plan for the following calendar year. The Joint Research Committee shall review each such proposal as soon as practicable and shall approve no later than December 23 of such year the final Annual Research Plan for the next succeeding calendar year.
Annual Research Plans. For each year of the Research Program --------------------- commencing with the second year, the Annual Research Plan shall be prepared and approved in preliminary form by the JRSC no later than ninety (90) days before the end of the prior year and approved by the JRSC in final form no later than thirty (30) days before the end of the prior year. The Annual Research Plan for the first year shall be prepared and approved by the JRSC in final form by no later than October 31, 1998. Each Annual Research Plan shall be in writing and shall set forth with reasonable specificity research objectives, milestones and any Baits selected for use in the ProNet Technology for the period covered by the Annual Research Plan. The JRSC may make adjustments in the Annual Research Plan at its quarterly meetings or otherwise as it may determine.
Annual Research Plans. For each year of the Research Program commencing with the second year, the Annual Research Plan shall be prepared and approved by the Joint Steering Committee no later than thirty (30) days before the end of the prior year. The Annual Research Plan for the first year shall be determined by the Joint Steering Committee no later than (30) days after the
Annual Research Plans. For each year of the Research Program --------------------- commencing with the second year, the Annual Research Plan shall be prepared and approved by the Committee no later than thirty (30) days before the end of the prior year. The Annual Research Plan for the first year shall be determined by the Committee no later than (30) days after the Effective Date. Each Annual Research Plan shall be in writing countersigned by Schering Corp., SP Ltd. and Myriad and shall set forth with reasonable specificity research objectives, milestones, budgets and personnel requirements for the period covered by the Annual Research Plan. The Committee may make adjustments in the Annual Research Plan at its quarterly meetings or otherwise as it may determine, but only by mutual written consent by Schering Corp. and SP Ltd.
Annual Research Plans. For each year of the Research Program --------------------- commencing with the second year, an Annual Research Plan shall be prepared and approved in preliminary form by the Steering Committee no later than one hundred eighty (180) days before the end of the prior year and approved by the Steering Committee in final form no later than ninety (90) days before the end of the prior year. The Annual Research Plan for the first year shall be approved by the Steering Committee in final form within 30 days after the Effective Date. Each Annual Research Plan shall be in writing and shall set forth with reasonable specificity research objectives and milestones for the period covered by the Annual Research Plan. The Steering Committee may make adjustments in the Annual Research Plan at its quarterly meetings or otherwise as it may determine.
