Common use of Other Collaboration Clause in Contracts

Other Collaboration. During the term of the Program, and in ------------------- the event that Albany desires to enter into a collaboration or other arrangement with a Third Party in the area of Combinatorial Technology research that would not utilize Lilly Licensed Technology or Program Technology, Albany shall inform the Program Chairs. The Program Chairs may approve or disapprove such proposed collaboration or other arrangement. In the event the Program Chairs disapprove, Albany shall not enter into such collaboration or other arrangement. In the event that the Program Chairs are unable to agree, such question shall be referred to the Executive Director of Lilly's Research Technologies for resolution. If such a collaboration or other arrangement is approved, any such collaboration or other arrangement conducted at Albany facilities shall be conducted in facilities that are separate from those facilities used to conduct the Program.

Appears in 2 contracts

Sources: Technology Transfer Agreement (Albany Molecular Research Inc), Technology Transfer Agreement (Albany Molecular Research Inc)