Common use of Non-exclusive Collaboration Clause in Contracts

Non-exclusive Collaboration. The Parties understand and agree that this Agreement is non-exclusive, and ArcherDX shall be unrestricted from entering into agreements with Third Parties for the development and commercialization of companion diagnostic products; however, during the Term ArcherDX will not enter into agreements with, arrangements with or obligations to any Third Parties to the extent that such agreements, arrangements or obligations with or to a Third Party would in any way conflict with ArcherDX’s commitment to perform its obligations under an executed Project Agreement with MRK.

Appears in 2 contracts

Sources: Master CDX Agreement (ArcherDX, Inc.), Master CDX Agreement (ArcherDX, Inc.)