Common use of Initial Targets Clause in Contracts

Initial Targets. During the Research Period, Athena may designate *** "Proposed Targets" (with the right of substitution) as "Initial Targets" to be worked on by Project Teams for purposes of the Collaboration. The Proposed Targets and the Initial Targets shall be those designated in writing by the Chief Operating Officer of Elan within *** of the Effective Date. No activity with respect to any Initial Targets shall be conducted by the Project Teams until a date to be mutually agreed upon by the Parties. The Project Teams *** Portions of this page have been omitted pursuant to a request for Confidential Treatment and filed separately with the Commission. shall work on Initial Targets as directed by the RMC. The project fee set forth in Section 8.1(a) shall include all *** Initial Targets.