Common use of Development Program Records Clause in Contracts

Development Program Records. ▇▇▇▇▇▇▇ shall maintain, or cause to be maintained, records of its scientific and clinical activities under the Development Program (the “Development Program Records”) in sufficient detail and in good scientific manner appropriate for patent and regulatory purposes, which Development Program Records shall be complete and materially accurate and shall reflect all work done and results achieved in connection with the Development Program. ▇▇▇▇▇▇▇ shall ensure that the Development Program Records include only information with respect to the Development Program and do not include, and are not commingled with, records of activities outside of the Development Program. ▇▇▇▇▇▇▇ shall retain, or cause to be retained, the Development Program Records for at least [*] or such longer period as may be required by Applicable Law. During the Option Exercise Period or the Renegotiation Option Period, as the case may be, upon Forest’s reasonable request, ▇▇▇▇▇▇▇ shall provide Forest reasonable access to the Development Program Records. The Development Program Records shall be deemed ▇▇▇▇▇▇▇’▇ Confidential Information unless and until the License Agreement becomes effective pursuant to its terms, whereupon the Development Program Records shall be deemed Product Information (as defined in the License Agreement).

Appears in 2 contracts

Sources: Option Agreement (Trevena Inc), Option Agreement (Trevena Inc)