Future Development Activities Clause Samples

Future Development Activities. Astellas may make recommendations regarding whether to Develop a Product for new indications or new formulations. If approved by the JSC, such additional Development activities will become part of the Development and Regulatory Plan.

Future Development Activities. Recommendations regarding whether to jointly Develop a Product for new indications or new formulations shall be made by the JDC. Such approved additional joint Development activities shall become part of the Development Plan.

Future Development Activities. If either Party wishes to conduct and/or fund any additional Development activities in the Field (including company-sponsored studies to explore the utility of the Product in the Field and/or to expand the label of the Product in such Party’s territory to include additional Indications, but excluding Investigator-Sponsored Studies, and also including testing one or more New Forms) that are not already set forth in the Development Plan and are not EMA Approval Additional Studies (each of the foregoing activities, a “Proposed Study”), the proposing Party shall present to the other Party’s representatives on the JDC the proposed design and timeline for such Proposed Study and the proposed budget for such Proposed Study. The JDC shall discuss such Proposed Study at its next meeting, whether regularly scheduled or specially requested under Section 3.2(c), and the proposing Party shall provide, within [ * ] after such JDC meeting (or such longer period of time as agreed upon in writing by the Parties), any additional information reasonably requested by the other Party’s JDC representatives prior to or during such JDC meeting.

Future Development Activities. ● Activities to be undertaken before next report including the type and object of any studies conducted and their projected starting and completion dates.

Future Development Activities. The JDC will make recommendations regarding whether to Develop a Product for new indications or new formulations. Any such recommendations that are approved by the JDC will become part of the Development Plan.

Future Development Activities. The JDC will make recommendations regarding whether to Develop a Product for new indications or new formulations. Such approved additional Development activities will become part of the Development Plan. [**] = Portions of this exhibit have been omitted pursuant to a confidential treatment request. An unredacted version of this exhibit has been filed separately with the Commission.

Future Development Activities. Either Seller or Idarado Mining Company (“IMC”), a member of Seller, may be engaged in further construction and/or demolition activities in the vicinity of the Property in the future, including without limitation the construction of the Road and Utility Improvements and additional infrastructure improvements, construction of the Idarado Trail and additional trails or amenities, and either remediation, demolition or renovation of certain structures associated with past mining and milling activities, such as the Pandora Mill Building. Buyer acknowledges that final alignment of the Idarado Trail as contemplated by the Resolutions may require minor modifications to the building envelope located upon the Property.

Future Development Activities. In the event a Material Development Deviation from a Pro Forma becomes necessary, the Managing Member may revise such Pro Forma but only after securing the unanimous approval of the Members pursuant to and in accordance with Section 5.03 above (for purposes of this clause (B) and Section 5.03 above, the Managing Member shall be conclusively deemed to have approved any such Material Development Deviation).

Future Development Activities. The Parties hereby agree to work in good faith on the Purpose. Accordingly, they may pursue development projects which may include evaluation and testing activities, procurement of services by one Party to the other, development to specifications and joint development activities, in each case relating to the Purpose. Any such projects shall be memorialized in an addendum to this Agreement which shall be executed by both Parties (an “Addendum”). The Parties will describe in each Addendum the activities and services to be completed, deliverables, allocation of responsibility for such activities or services between the Parties, completion schedule, payment schedule, acceptance criteria and any other relevant information, as may be applicable, in a statement of work in a form to be mutually agreed upon. Each Addendum shall be governed by the terms of this Agreement to the extent they are applicable to the subject matter of the relevant Addendum and do not conflict with its terms. For the avoidance of doubt, each Party shall retain sole title to and ownership of any of its test, sample or demonstration products or equipment used in the course of the development activities.