Collaborative Program. The parties will collaborate in the conduct of the Collaborative Program in accordance with the Research Plan during the Collaborative Period. The Collaborative Program will consist of two phases: the [***] Phase and the [***] Phase, which may overlap. 3.1 [***] Phase. (A) Within [***] of the Effective Date, Kraft will, at its expense, supply Senomyx with [***] Tastants for screening in accordance with the Research Plan. During the [***] Phase, Kraft may provide additional purified [***] Tastants for profiling as agreed to in writing by the parties and approved by the Steering Committee. (B) Upon receipt of the [***] Tastants, Senomyx will perform the activities outlined in the Research Plan using reasonable efforts, and the resources provided under Section 9.1. (C) Within [***] of receipt of the report regarding the [***] Compounds, Kraft will perform sensory testing and other evaluations on a limited number of the [***] Compounds and may select [***] Compound(s) for further development by notifying Senomyx of such selection in writing by the end of such [***] period. Such [***] period may be extended by agreement; such agreement will not be unreasonably withheld. [***] Compounds, if any, chosen for further development become Selected [***] Compounds. (D) Senomyx's obligations during the [***] Phase will be completed upon the earlier of (i) Senomyx's submission of a written report to Kraft regarding [***] Compounds; or (ii) upon Senomyx's submission of a written report to Kraft regarding [***] Compounds, provided that the Steering Committee determines that the identification of [***] Compounds is reasonable. [***] If necessary, Senomyx may provide additional optimization as agreed to in writing by the parties and approved by the Steering Committee. 3.2 [***] Phase. (A) Kraft may request that Senomyx pursue the identification of [***] Compounds upon the earlier of (i) the completion of the [***] Phase; or (ii) Kraft's request to begin the [***] Phase prior to the completion of the [***] Phase, provided that Kraft agrees to provide research support funding for the [***] Phase in addition to the [***] Phase in an amount agreed upon in writing by the parties and approved by the Steering Committee. (B) Upon initiation of the [***] Phase, Kraft will, at its expense, supply Senomyx with [***] Tastants for screening. During the [***] Phase, Kraft may provide additional purified [***] Tastants for profiling as agreed to in writing by the parties and approved by the Steering Committee. (C) Upon receipt of the [***] Tastants, Senomyx will perform the activities outlined in the Research Plan using reasonable efforts, and the resources provided under Section 9.1. (D) Within [***] of receipt of the report regarding the [***] Compounds, Kraft will perform sensory testing and other evaluations on a limited number of the [***] Compounds; and may select [***] Compound(s) for further development by notifying Senomyx of such selection in writing by the end of such [***] period. Such [***] period may be extended by agreement; such agreement will not be unreasonably withheld. [***] Compounds, if any, chosen for further development become Selected [***] Compounds. (E) Senomyx's obligations during the [***] Phase will be completed upon the earlier of (i) Senomyx's submission of a written report to Kraft regarding [***] Compounds; or (ii) upon Senomyx's submission of a written report to Kraft regarding [***] Compounds, provided that the Steering Committee determines that the identification of [***] Compounds is reasonable. [***] If necessary, Senomyx may provide additional optimization as agreed to in writing by the parties and approved by the Steering Committee.
Appears in 2 contracts
Sources: Collaborative Research and License Agreement (Senomyx Inc), Collaborative Research and License Agreement (Senomyx Inc)