Common use of Undertaking and Scope Clause in Contracts

Undertaking and Scope. (a) Prior to the earlier of (i) the initial meeting of the Research Management Committee and (ii) in the case of Indication #1, 30 days from the Agreement Date, or in the case of the other Indications, 30 days from the date that the applicable option under Section 6 is exercised by JT, the parties shall work together to agree upon a plan for the creation and use of the Research Databases by the parties for the first year of the Research Program. Such plan shall set forth the schedule of specific activities to be undertaken during the applicable period of the Program Term, the resources to be employed, including the allocation of Scientific FTEs and each scientist's role, the intended acquisition of Samples during such period (and the timing thereof) and the budget for such period. The Research Management Committee will review and, in its discretion, approve or modify the general direction of such plan. Such plan, as approved by the RMC for any year of the Research Program, is referred to herein as the "Research Plan." A timeline of the research to be performed under the Research Plan for Indication #1 and the related staff allocation plan is attached to this Agreement as Schedule 2.1 for reference purposes. At least 90 days before each anniversary of the Effective Date during the Program Term, the parties shall propose to the RMC a Research Plan to govern the further development of the Research Databases during the following year of the Research Program, and the RMC shall review, modify if appropriate, and

Appears in 2 contracts

Sources: Collaboration Agreement (Gene Logic Inc), Collaboration Agreement (Gene Logic Inc)