Common use of No Agreement Clause in Contracts

No Agreement. In the event that the Steering Committee fails to agree to designate as a Collaboration Product a particular Product Configuration that Fuso (i) nominated, (ii) prepared a Development Plan for meeting the criteria in Section 2.4.2 above, and (iii) supported as a Collaboration Product by voting for the applicable Development Plan, then GenVec may not independently develop or commercialize such Product Configuration in the Territory for the Field until after the Research Program Term, unless GenVec has, subject to Section 2.4.4, previously commenced or established its intent to commence research (as shown by written records) with respect to such a Product Configuration, alone or with a third party, prior to the date Fuso proposed to the Steering Committee that such Product Configuration be designated as a Collaboration Product.

No Agreement. In the event that the Steering Committee fails to agree to designate as a Collaboration Product a particular Product Configuration that Fuso (i) nominated, (ii) prepared a Development Plan for meeting the criteria in Section 2.4.2 above, and (iii) supported as a Collaboration Product by voting for the applicable Development Plan, then GenVec may not independently develop or commercialize such Product Configuration in the Territory for the Field until after the Research Program Agreement Term, unless GenVec has, subject to Section 2.4.4, previously commenced or established its intent to commence research (as shown by written records) with respect to such a Product Configuration, alone or with a third party, prior to the date Fuso proposed to the Steering Committee that such Product Configuration be designated as a Collaboration Product.

No Agreement. In the event that the Steering Committee fails to ------------ agree to designate as a Collaboration Product a particular Product Configuration that Fuso (i) nominated, (ii) prepared a Development Plan for meeting the criteria in Section 2.4.2 above, and (iii) supported as a Collaboration Product by voting for the applicable Development Plan, then GenVec may not independently develop or commercialize such Product Configuration in the Territory for the Field until after the Research Program Term, unless GenVec has, subject to Section 2.4.4, previously commenced or established its intent to commence research (as shown by written records) with respect to such a Product Configuration, alone or with a third party, prior to the date Fuso proposed to the Steering Committee that such Product Configuration be designated as a Collaboration Product.

No Agreement. In the event that the Steering Committee fails ------------ to agree to designate as a Collaboration Product a particular Product Configuration that Fuso (i) nominated, (ii) prepared a Development Plan for meeting the criteria in Section 2.4.2 above, and (iii) supported as a Collaboration Product by voting for the applicable Development Plan, then GenVec may not independently develop or commercialize such Product Configuration in the Territory for the Field until after the Research Program Term, unless GenVec has, subject to Section 2.4.4, previously commenced or established its intent to commence research (as shown by written records) with respect to such a Product Configuration, alone or with a third party, prior to the date Fuso proposed to the Steering Committee that such Product Configuration be designated as a Collaboration Product.