Conduct of the R&D Activities. Each of Palomar and Xxxxxxxx shall perform, or cause to be performed, its respective R&D Activities in accordance with this Agreement, including the initial R&D plan attached hereto as Exhibit A (the “Initial R&D Plan”). The Initial R&D Plan shall be revised, updated and extended as the R&D Committee may direct at least semi-annually, with the Initial R&D Plan and any such revisions, updates or extensions thereto hereinafter referred to as the “R&D Plan.”
Conduct of the R&D Activities. Each of Palomar and JJC shall work to perform, or shall work to cause to be performed, its respective activities under the R&D Program (“R&D Activities”) in accordance with this Agreement, including the initial R&D plans for [*] Light-Emitting Devices for use in each one of the Fields, which plans are attached hereto as Appendix E (each being an “Initial R&D Plan” and together the “Initial R&D Plans”). Together the Light-Emitting Devices subject to the Initial R&D Plans shall be referred to as the “Initial Products”. Each Initial Product shall have one, and only one, Field designation for all purposes of this Agreement (including the license grants to JJC contained in ARTICLE V.A.1 for such Initial Product), which Field is designated in the Initial R&D Plans for each JOINT DEVELOPMENT AND LICENSE AGREEMENT — EXECUTION VERSION Initial Product and which Field shall apply to all Improvements of such Initial Product. The Initial R&D Plans shall be revised, updated and extended as the R&D Committee may direct, subject to the limitations set forth below, with the Initial R&D Plans, all Optimization Documents, and any such revisions, updates or extensions thereto, hereinafter referred to as the “R&D Plan.” It is understood and agreed that each of the Initial Products will likely change during its applicable R&D Period, as the R&D Activities are performed by the Parties and as the R&D Plan is modified, and that all such Initial Products, as changed, to the extent there is no objection to such changes raised before the R&D Committee, shall be treated as the “Initial Product” hereunder throughout such R&D Period. After the end of the applicable R&D Period, the Initial Product, in the form as of the end of the applicable Optimization Period, shall be treated as the final Initial Product for purposes of this Agreement.
Conduct of the R&D Activities. Each of Palomar and Xxxxxxxx shall perform, or cause to be performed, its respective R&D Activities in accordance with this Agreement, including the initial R&D plan attached hereto as Exhibit A (the “Initial R&D Plan”). The Initial R&D Plan shall be revised, updated and extended as the R&D Committee may direct at least semi-annually, with the Initial R&D Plan and any such revisions, updates or extensions thereto hereinafter referred to as the “R&D Plan.” The parties acknowledge and agree that the R&D Activities under the Initial R&D Plan were completed on or before August 31, 2006. (b) Scope of the R&D Program. The purpose of the R&D Program shall be to develop one or more Light-Based Hair Management Products in the Female Field, including the First Female Product. (c)
Conduct of the R&D Activities. Each of Palomar and Xxxxxxxx shall perform, or cause to be performed, its respective R&D Activities in accordance with this Agreement, including the initial R&D plan attached hereto as Exhibit A (the “Initial R&D Plan”). The Initial R&D Plan shall be revised, updated and extended as the R&D Committee may direct at least semi-annually, with the Initial R&D Plan and any such revisions, updates or extensions thereto hereinafter referred to as the “R&D Plan.” (b) Scope of the R&D Program. The purpose of the R&D Program shall be to develop one or more Light-Based Hair Management Products in the Female Field, including the First Female Product. (c)
