Joint Development Agreement. The parties agree to negotiate, execute and deliver in good faith a joint development agreement with respect to the Licensed Products within three (3) months of the Effective Date. In the event that such joint development agreement is not fully executed and delivered within three (3) months of the Effective Date, either party may terminate this Agreement with no further obligations or liabilities to the other party hereunder.
Appears in 2 contracts
Sources: Sublicense Agreement (Epicept Corp), Sublicense Agreement (Epicept Corp)