DESCRIPTION OF DIRECTED ARRAY PROGRAM Sample Clauses

DESCRIPTION OF DIRECTED ARRAY PROGRAM. Under the direction of the Research Committee and in accordance with the Research Plan, ArQule will synthesize multiple Directed Array Libraries of ArQule Derivative Compounds or Sankyo Derivative Compounds that meet the specifications set forth on EXHIBIT A. The Parties intend that, during each year of the Directed Array Program[*****], Sankyo will submit to ArQule and ArQule will perform [*****] Directed Array Program, with each Directed Array Program [*****] and intended to produce approximately[*****]. However, the actual conduct of the Directed Array Programs, the actual numbers of compounds produced in each Directed Array Program, and the specifications of the compounds produced in each Directed Array will be determined by the Research Committee and documented in the Research Plan, subject to the authority of the Steering Committee.
DESCRIPTION OF DIRECTED ARRAY PROGRAM. Under the direction of the Research Committee and in accordance with the Research Plan, ArQule will synthesize multiple Directed Array Libraries of ArQule Derivative Compounds or Sankyo Derivative Compounds that meet the specifications set forth on Exhibit A. The Parties intend that, during each year of the Directed Array Program (July 1 to June 30), Sankyo will submit to ArQule and ArQule will perform one (1) Directed Array Program, with each Directed Array Program based on a different chemotype or chemical theme and intended to produce approximately 1000 compounds. However, the actual conduct of the Directed Array Programs, the actual numbers of compounds produced in each Directed Array Program, and the specifications of the compounds produced in each Directed Array will be determined by the Research Committee and documented in the Research Plan, subject to the authority of the Steering Committee.