Omeros Evaluation Sample Clauses

Omeros Evaluation. During the Option Period, Omeros shall have the exclusive right to evaluate and test, and have evaluated and tested, the MOCA Technology as provided for in the Plan for MOCA Evaluation. Unless Patobios or a Founder provides advance written consent, Omeros shall not use the MOCA Technology except as provided in and envisioned by the Plan for MOCA Evaluation during the Option Period. Any and all Improvements made by or on behalf of Omeros or by Patobios or a Founder during the Option Period shall be owned solely by Patobios, subject to conveyance to Omeros of all right, title and interest in and to such Improvements as part of any purchase of the MOCA Technology by Omeros in accordance with Section 3.2. At the end of each defined evaluation or test phase of any study being performed as part of the Plan for MOCA Evaluation, Omeros shall prepare, or have prepared, written reports describing the results from the evaluation and testing of the MOCA Technology by or on behalf of Omeros, including, without limitation, the results of attempts to achieve the De-Orphanization Milestone, which reports shall be promptly communicated in writing to Patobios.