Third Party Targets Clause Samples

Third Party Targets. (a) Except as otherwise may be agreed in writing by the parties, Sanwa has the right to submit biological targets identified by third parties to Telik as Selected Targets pursuant to this Agreement, and shall submit such targets to Telik prior to Sanwa and any such third party entering into an Approved Agreement ("Third Party Target"). (b) Sanwa shall submit all proposed Third Party Targets to Telik as soon as reasonably possible under the circumstances relating to such Third Party Target and Telik agrees to treat all such Third Party Targets as Confidential Information for purposes of this Agreement. (c) With respect to all agreements, including without limitation screening agreements and commercialization and license agreements that either Sanwa or Telik proposes to enter into relating to Third Party Targets to be submitted as Selected Targets pursuant to this Agreement ("Proposed 4. [*] = CERTAIN CONFIDENTIAL INFORMATION CONTAINED IN THIS DOCUMENT, MARKED BY BRACKETS, HAS BEEN OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO RULE 24b-2 OF THE SECURITIES EXCHANGE ACT OF 1934, AS AMENDED. Agreements") the party proposing to enter into such Proposed Agreement shall provide the other party with information sufficient to gauge the timeliness, extent and seriousness of the commercialization effort related to compounds that may be discovered as a result of the screening services performed by Telik pursuant to this Agreement, without jeopardizing the transaction with the third party to such Proposed Agreement and subject always to such third party's written consent. (d) Sanwa shall provide a draft of any Proposed Agreement relating to the screening services to be provided by Telik pursuant to Section 1.2 to Telik as soon as reasonably practicable, but in any event prior to signature by Sanwa. All such drafts of such Proposed Agreements and any Approved Agreement signed by Sanwa shall include the text of the provisions set forth on Exhibit A attached hereto if in English or, if such Proposed Agreements or Approved Agreement are in Japanese, a Japanese translation of the text of the provisions set forth on Exhibit A that shall be attached hereto as Exhibit A-1 after preparation by Sanwa and approval by Telik, which approval shall not be unreasonably withheld or delayed. Sanwa shall have the right, subject to the obligation in Section 1.5(c) to redact the key financial and commercial terms of all such Proposed Agreements. Sanwa ...