R&D Plan Preparation Sample Clauses

R&D Plan Preparation. (i) Collaboration Activities of the Parties with respect to each R&D Program, but excluding [***] will be described in separate written Development plans (each, an “R&D Plan”). Within [***] of the establishment of a new R&D Program in accordance with Section 2.3, Merck shall prepare an R&D Plan for such R&D Program, which R&D Plan shall set forth: [***], provided that the Parties acknowledge and agree that, [***]. (ii) Merck shall provide the proposed R&D Plan to Moderna for review and comment by Moderna, which comments shall be provided within [***] of receipt. To the extent Merck agrees with such comments, Merck shall update the proposed R&D Plan accordingly. Notwithstanding the foregoing, if Moderna, in good faith provides comments to Merck within such [***]-period reflecting Moderna’s reasonable belief that [***].