Common use of Executive Search Clause in Contracts

Executive Search. The Company shall have initiated a search for and shall have diligently pursued the hiring of a senior executive officer in the area of drug development, which individual shall have extensive small molecule development experience and expertise and be acceptable to the Board of Directors.

Appears in 4 contracts

Sources: Common Stock and Warrant Purchase Agreement (Rigel Pharmaceuticals Inc), Common Stock and Warrant Purchase Agreement (MPM Bio Ventures Iii Lp), Common Stock and Warrant Purchase Agreement (Frazier Healthcare Ii Lp)