Target Notices Clause Samples
The Target Notices clause defines the procedures and requirements for delivering formal communications or notifications to a specified party, often referred to as the "Target." Typically, this clause outlines acceptable methods of delivery, such as email or registered mail, and designates the official address or contact details for such notices. By establishing clear guidelines for how and where notices must be sent, the clause ensures that important information—such as contractual changes, breaches, or termination notices—is reliably communicated and received, thereby reducing the risk of disputes over whether proper notice was given.
Target Notices. If (i) Verve desires to add or remove a Target from the Reserved Target List, or (ii) Verve desires to exercise an Option for a Licensed Product, Verve will notify the Escrow Agent in writing of the same. Such notice will identify as applicable, in addition to the information relating to such proposed Targets set forth on the form of Target Notice attached hereto as Exhibit 4.2 (I) in the case of clause (i) above, whether Verve wishes to non-exclusively reserve such Target or remove such Target from the Reserved Target List, (II) in the case of clause (ii) above, if Verve wishes to exercise an Option, and if so, the information required under Section 5.2(a) (each such notice, a “Target Notice”). Each Target Notice in the case of clause (I) above will specify each Target and each Target Notice in the case of clause (II) above will specify the Human Genome Target(s) and each Genome Editing Protein Target and Guide RNAs associated with each Genome Editing Construct to Genome Edit such Human Genome Target(s).
Target Notices. From time to time during the Term, if CureVac desires to include a Target as a Reserved Target hereunder, CureVac will notify the Trusted Arcturus Employee in writing of the Targets for potential inclusion on the Reserved Target List, which notice will provide (i) the information on the Target Reservation Request Form attached hereto as Exhibit 4.2; and (ii) the identity of each Reserved Target (if any) that CureVac desires to remove as a Reserved Target (each such notice, a “Target Notice”). For clarity, the Target Notices shall not include more Targets than the Maximum Targets then available (taking into consideration any removed Targets previously reserved) and shall be deemed to be a request for an exclusive license at the outset unless there is a Pre-Existing Restriction. For clarity, CureVac’s rights to enter into a Non-Exclusive License Agreement shall apply only if the Pre-Existing Restriction permits a non-exclusive license right to such proposed Reserved Target. In addition to the formal Target reservation mechanism described in Section 4.2(b)(i), the Trusted Arcturus Employee will in good faith respond to any interim requests (not to exceed three (3) requests per month) on whether certain Targets can be reserved as Reserved Targets, in order to assist CureVac in planning of development projects. For clarity, the interim requests shall not include more than the Maximum Target then available (taking into consideration any removed Targets previously reserved).
Target Notices. If (i) Scribe desires to add or remove a Target to or from the Reserved Target List, or (ii) Scribe desires to exercise an Option for a Licensed Product, Scribe will notify the Escrow Agent in writing of the same. Such notice will identify as applicable, in addition to the information relating to such proposed Targets set forth on the form of Target Notice attached hereto as Exhibit 4.2, (A) in the case of clause (i) above, whether Scribe wishes to non-exclusively reserve such Target or remove such Target from the Reserved Target List, (B) in the case of clause (ii) above, if Scribe wishes to exercise an Option (each such notice, a “Target Notice”). For clarity, each Target Notice shall include [*]. Reservations for all Targets should be made using the table in Exhibit 4.2.
Target Notices. If (i) GreenLight desires to add or remove a Target from the Reserved Target List, or (ii) GreenLight desires to exercise an Option for a Licensed Product, GreenLight will notify the Escrow Agent in writing of the same. Such notice will identify as applicable, in addition to the information relating to such proposed Targets set forth on the form of Target Notice attached hereto as Exhibit 4.2(c) (I) in the case of clause (i) above, whether GreenLight wishes to non-exclusively reserve such Target or remove such Target from the Reserved Target List, (II) in the case of clause (ii) above, if GreenLight wishes to exercise an Option, and if so, the information required under Section 5.2(a) (each such notice, a “Target Notice”). Each Target Notice in the case of clause (I) above will specify each Target and each Target Notice in the case of clause (II) above will specify: [***].
Target Notices. Target shall give all notices and other information required to be given to the employees of Target, any collective bargaining unit representing any group of employees of Target, and any applicable government authority under the National Labor Relations Act, the Code, the COBRA, and other applicable law in connection with the transactions provided for in this Agreement.
Target Notices. If CureVac desires to include a Target as a Reserved Target hereunder, CureVac will notify the Escrow Agent in writing of the same, which notice will identify, in addition to such proposed Target and whether CureVac wishes to exclusively or non- exclusively reserve such Target, (i) the information on the Target Reservation Request Form attached hereto as Exhibit 4.2 A or Vaccine Target Reservation Request Form attached hereto as Exhibit 4.2 B, and (ii) the identity of each Reserved Target (if any) that CureVac desires to remove as a Reserved Target (each such notice, a “Target Notice”).
Target Notices. 54 4.3 Conduct of Business of Acquiror.............................54 4.4