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Common use of PoC Option Clause in Contracts

PoC Option. The following milestones shall apply in the event that GSK exercises the PoC Option with respect to a Collaboration Compound resulting from a TPP Subprogram in Project 2. [***]

Appears in 4 contracts

Sources: Research and Development Collaboration, Option and License Agreement (Anacor Pharmaceuticals Inc), Research and Development Collaboration, Option and License Agreement (Anacor Pharmaceuticals Inc), Research and Development Collaboration, Option and License Agreement (Anacor Pharmaceuticals Inc)

Related Clauses

  • Our Option
  • Top-Up Option
  • Method of Exercising Option
  • Over Allotment Option
  • Option

Parent Clauses

  • Milestones and Royalties Payments
  • Development Milestones Payable by GSK to Anacor
  • Project 1
  • Project 2
  • Project 3

Sub-Clauses

  • Exercise of POC Option
  • Failure to Exercise POC Option
  • HSR And Equivalent Foreign Laws
  • Exercise And Expiration Of the PoC Option
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