Joint Development Work Data Clause Samples

Joint Development Work Data. On a [ * ] basis during the Term, and subject to the terms set forth in this Section 4.13 and Applicable Laws, each Party shall provide to the other Party, to the extent not already provided and at no additional cost to such other Party, copies of all Data generated by or on behalf of the Party with respect to and in the course of conducting Joint Development Work. The Party receiving the Data from the other Party’s performance of the Joint Development Work shall have the right to use and reference any and all such Data to obtain and maintain Regulatory Approval for the Licensed Products and otherwise Commercialize the Licensed Products in its respective territory in accordance with the terms of this Agreement. For the avoidance of doubt, Versartis may provide such Joint Development Work Data it receives from Teijin (and extend the foregoing rights) to its Third Party Partners, and Teijin may provide such Joint Development Work Data it receives from Versartis (and extend the foregoing rights) to its Sublicensees for use within the scope of the sublicense to such Sublicensee. [ * ] = Certain confidential information contained in this document, marked by brackets, has been omitted and filed separately with the Securities and Exchange Commission pursuant to Rule 24b-2 of the Securities Exchange Act of 1934, as amended.