Common use of Gatekeeper Clause in Contracts

Gatekeeper. The Parties will agree on an independent attorney nominated by ▇▇▇▇▇ and reasonably acceptable to Dicerna to act as an information gatekeeper (the “Gatekeeper”) through which ▇▇▇▇▇ may inquire as to whether any Target that ▇▇▇▇▇ intends to designate as a Selected Target (whether pursuant to Section 2.2.1 or Section 2.3.1) is a Blocked Target at that time; and through which Dicerna may inquire as to whether any Target with respect to which Dicerna intends to engage in activities that may be restricted under Section 3.1 is a Reserved Target at that time. Dicerna and ▇▇▇▇▇ will cause the Gatekeeper to enter into a customary confidentiality agreement that includes confidentiality obligations at least as stringent as the provisions set forth in Article 11 and prohibits the Gatekeeper from disclosing to Dicerna the identity of a Target that was the subject of any inquiry and the list of Reserved Targets. Nothing in this Section 2.4.1 will preclude ▇▇▇▇▇ from contacting Dicerna directly regarding the availability of Targets or otherwise, to which Dicerna will respond in its discretion or Dicerna from contacting Lilly directly regarding whether a particular Target is a Reserved Target. The initial Gatekeeper will be [***]., whom the Parties have acknowledged and agreed is independent and which law firm shall enter into an agreement regarding the continued independence of such Gatekeeper.

Appears in 1 contract

Sources: Collaboration and Licensing Agreement

Gatekeeper. The Parties will agree on an independent attorney nominated by ▇▇▇▇▇ and reasonably acceptable to Dicerna to act as an information gatekeeper (the “Gatekeeper”) through which ▇▇▇▇▇ may inquire as to whether any Target that ▇▇▇▇▇ intends to designate as a Selected Target (whether pursuant to Section 2.2.1 or Section 2.3.1) is a Blocked Target at that time; and through which Dicerna may inquire as to whether any Target with respect to which Dicerna intends to engage in activities that may be restricted under Section 3.1 is a Reserved Target at that time. Dicerna and ▇▇▇▇▇ will cause the Gatekeeper to enter into a customary confidentiality agreement that includes confidentiality obligations at least as stringent as the provisions set forth in Article 11 and prohibits the Gatekeeper from disclosing to Dicerna the identity of a Target that was the subject of any inquiry and the list of Reserved Targets. Nothing in this Section 2.4.1 will preclude ▇▇▇▇▇ from contacting Dicerna directly regarding the availability of Targets or otherwise, to which Dicerna will respond in its discretion or Dicerna from contacting Lilly ▇▇▇▇▇ directly regarding whether a particular Target is a Reserved Target. The initial Gatekeeper will be [***]., whom the Parties have acknowledged and agreed is independent and which law firm shall enter into an agreement regarding the continued independence of such Gatekeeper.

Appears in 1 contract

Sources: Collaboration and License Agreement (Dicerna Pharmaceuticals Inc)