Extended Research Term Sample Clauses
The Extended Research Term clause defines the conditions under which the duration of a research agreement or project can be prolonged beyond its original end date. Typically, this clause outlines the process for requesting an extension, such as requiring written notice and mutual agreement between the parties, and may specify any limitations on the length or number of extensions allowed. Its core practical function is to provide flexibility for research projects that require additional time to achieve their objectives, thereby preventing disruption or premature termination due to unforeseen delays.
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Extended Research Term. The Research Collaboration for any [***] Targets and any [***] Targets that are Program Targets shall commence on the date of payment by KHK of the applicable [***] set forth in Section 7.2.5 and, with respect to any [***] Target that replaces the Initial Target pursuant to Section 4.1(a)(ii), as the date of such replacement and in each such case continue, unless earlier terminated by the Parties, for a period of [***], unless otherwise reasonably agreed by the Parties, but no later than the completion of such research activities or achievement of the applicable Lead Transfer Milestone.
Extended Research Term. In the event that uniQure reasonably believes that the Parties will not complete the activities under the Research Plan during the Initial Research Term, then uniQure, at its sole discretion, may extend the Research Term to complete the goals of such Research Plan as then in effect for an additional [***] ([***]) month period from the expiration of the Initial Research Term (the “Extended Research Term”). uniQure may so extend the Research Term by giving written notice to 4DMT at least [***] ([***]) months prior to the expiration of the Initial Research Term. The Parties shall mutually agree upon the number of FTEs at 4DMT needed to perform the research during the Extended Research Term, as well as out-of-pocket costs, and uniQure shall provide funding for such FTEs and out-of-pocket costs in accordance with Section 6.2(a) and, if the Parties are unable to agree on such matters prior to the expiration of the Initial Research Term, then the Research Term shall expire at the end of the Initial Research Term. The Parties may further extend the Extended Research Term by mutual written agreement.
Extended Research Term. In the event that BI reasonably believes that the Parties will not complete the activities under the Research Plan for any Program initiated during the first *** of the Initial Research Term, then BI, at its sole discretion, may extend the Research Term to complete the goals of such Research Plan as then in effect for a *** period (the “Extended Research Term”) from the expiration of the Initial Research Term. BI may extend the Research Term by giving written notice to MacroGenics at least *** prior to the expiration of the Initial Research Term. The Parties shall mutually agree upon the number of FTEs at MacroGenics needed to perform the research during the Extended Research Term and BI shall provide funding for such FTEs in accordance with Section 6.3(b)(ii). The Parties may further prolong the Extended Research Term by mutual written agreement of the Parties.
Extended Research Term. During any extension of the Research Term beyond the initial Research Term, unless otherwise agreed by the Parties, the Research Plan shall provide for the greater of ten (10) Sunesis FTEs per year or a number of Sunesis FTEs per year equal to at least the number of Sunesis FTEs for the previous year. The Sunesis FTE rate during any such extended Research Term shall be equal to Sunesis FTE rate for the previous year plus a percentage increase equal to the Inflation Index. It is understood and agreed, that in no event is Biogen obligated to extend the Research Term.
Extended Research Term. During any extension of the Research Term beyond the initial Research Term, the Parties shall agree on the appropriate number of FTEs. The Sunesis FTE rate during any such extended Research Term shall be equal to Sunesis FTE rate for the previous year plus a percentage increase equal to the Inflation Index. It is understood and agreed, that in no event is Merck obligated to extend the Research Term.
Extended Research Term. Within [***] ([***]) [***] following the initiation of the Extended Research Term, the JRC shall meet and establish a Research Plan that sets forth responsibilities of the Parties for the continuation of the Research Program during the Extended Research Term. The responsibilities of the Parties shall be allocated in a manner consistent with the prior responsibilities of the Parties, provided, however that the JRC shall have no right to allocate any activities to a Party except as expressly agreed by such Party in writing.
Extended Research Term. As set forth in Section 2.4, during any extension of the Research Term beyond the initial two year period, unless otherwise approved in writing by the JRC, the extended Research Plan shall provide for a number of Sunesis FTEs per year equal to the number of Sunesis FTEs for the previous year, such FTEs to be allocated as set forth in [*] Certain information on this page has been redacted and filed separately with the Securities and Exchange Commission. Confidential treatment has been requested with respect to the omitted portions. the extended Research Plan. The Sunesis FTE Rate during any such extended Research Term shall be equal to Sunesis FTE rate for the previous year plus an increase to reflect annual CPI increase over such year. It is understood and agreed, that in no event is JJPRD obligated to extend the Research Term.