Common use of DURING RESTRICTION TERM Clause in Contracts

DURING RESTRICTION TERM. If, during the Restriction Term, either Party obtains [***] on a Rejected Project Gene, such Party may present such Rejected Project Gene to the Steering Committee for another vote on whether to designate such Rejected Project Gene as a Secreted Protein Candidate. At the time of presentation of a Rejected Project Gene to the Steering Committee, each of the Parties must disclose to the other Party the [***] Rejected Project Gene,[***] performed during the Restriction Term.

Appears in 2 contracts

Samples: Development and Collaboration Agreement (Deltagen Inc), Development and Collaboration Agreement (Hyseq Inc)

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DURING RESTRICTION TERM. If, during the Restriction Term, either Party obtains [***] on a Rejected Project Gene, such Party may present such Rejected Project Gene to the Steering Committee for another vote on whether to designate such Rejected Project Gene as a Secreted Protein Candidate. At the time of presentation of a Rejected Project Gene to the Steering Committee, each of the Parties must disclose to the other Party the [***] Rejected Project Gene,[***] performed during the Restriction Term.

Appears in 1 contract

Samples: Protein Development and Collaboration Agreement (Hyseq Inc)

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DURING RESTRICTION TERM. If, during the Restriction Term, either Party obtains [***[ * ] on a Rejected Project Gene, such Party may present such Rejected Project Gene to the Steering Committee for another vote on whether to designate such Rejected Project Gene as a Secreted Protein Candidate. At the time of presentation of a Rejected Project Gene to the Steering Committee, each of the Parties must disclose to the other Party the [***] Rejected Project Gene,[***] [ * ], performed during the Restriction Term.

Appears in 1 contract

Samples: Development and Collaboration Agreement (Deltagen Inc)

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