Common use of Proposed Changes Clause in Contracts

Proposed Changes. GSK will notify POZEN in advance of any material modification to the Commercialization Plan made by GSK during a given calendar year. POZEN will have the opportunity to review and provide comments with respect to any proposed material modifications and will provide such comments to GSK within thirty (30) days following POZEN’s receipt of the proposed modifications. GSK will reasonably address and give good faith consideration to POZEN’s concerns and comments regarding any proposed material changes to the Launch Plan or Commercialization Plan; provided, however, that the decision with regard to such proposed changes will be made by GSK.

Appears in 2 contracts

Sources: Product Development and Commercialization Agreement (Pozen Inc /Nc), Product Development and Commercialization Agreement (Pozen Inc /Nc)