Compensatory Selection definition

Compensatory Selection is a selection by Lilly of a Program Protein in the Selectable Pool that is to replace a Released Lilly Selected Protein. A Compensatory Selection shall (a) be made at the Quarterly Selection Meeting or the Final Selection Meeting, as the case may be, that immediately follows the return by Lilly of a Released Lilly Selected Protein to the Selectable Pool (the "Next Selection Meeting"), and (b) be made in accordance with the following procedure:

Examples of Compensatory Selection in a sentence

  • A "Compensatory Selection" is a selection by Lilly of a Program Protein in the Selectable Pool that is to replace a Released Lilly Selected Protein.