Common use of Development Updates Clause in Contracts

Development Updates. Prior to a termination of this Agreement, the Company shall provide to each Optionee at least […***…] a written high-level summary of all Development activities performed and any results achieved and progress against timelines and budgets. The Parties hereto agree that each such summary shall be deemed Information subject to Article 4.

Appears in 2 contracts

Sources: Option Agreement (CRISPR Therapeutics AG), Option Agreement (CRISPR Therapeutics AG)