PRODUCT RESEARCH AND DEVELOPMENT PROGRAM Sample Clauses

PRODUCT RESEARCH AND DEVELOPMENT PROGRAM. 2.1 PRODUCT CANDIDATE IDENTIFICATION PROCESS. On or before March 31, 1998 and at least annually thereafter, Allergan shall provide ASTI with a proposed Work Plan covering activities to be undertaken by Allergan to identify and conduct research and development with respect to Product Candidates for consideration by ASTI under Sections 2.2, 2.3 and, as applicable, Section 2.4. Promptly after Allergan provides ASTI with such proposed Work Plan, ASTI shall notify Allergan of its acceptance or rejection of such proposed Work Plan.
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