Common use of Initial Collaboration Targets Clause in Contracts

Initial Collaboration Targets. ▇▇▇▇▇ may designate up to [***] initial Collaboration Targets (such Targets, the “Initial Collaboration Targets”). [***]. ▇▇▇▇▇ shall forfeit the right to nominate an Initial Collaboration Target (and to replace such Initial Collaboration Target) if such nomination is not made within the time period set forth in the immediately preceding sentence, unless the foregoing time periods are extended by mutual written agreement of the Parties.