Development Plans Coordination Sample Clauses

Development Plans Coordination. (a) Development Plan for the Salix Territory. An initial, high-level outline of the Development activities to be performed by Salix under this Agreement is set forth in Exhibit 5.2 (the “Initial Development Outline”). Within sixty (60) days following the Effective Date, Salix shall prepare a detailed development plan (the “Development Plan”) for the continued Development of Lumacan Products for Commercialization in the Salix Territory. Such Development Plan shall be consistent with the Initial Development Outline, including all timelines set forth therein, and shall set forth the objectives and planned tasks for the conduct of Development activities in connection with Commercialization of Lumacan Products in the Salix Territory. Photocure shall have the right to review and provide comments to Salix with respect to such Development Plan. Salix shall consider Photocure’s comments in good faith. Salix shall notify Photocure of any material changes to the Development Plan prior to implementation of such changes and shall consider in good faith Photocure’s comments with respect thereto.