Contract Period Research Program definition

Contract Period Research Program means the collaborative research program conducted by HMRI and OSI during the Contract Period pursuant to this Agreement as described in Section 2.1.3 hereof, with the goals of studying the mechanism of action and conducting other research necessary to profile a Compound, if such is deemed necessary by the parties.
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Examples of Contract Period Research Program in a sentence

  • Subject to the provisions of Section 5.8.11, if HMRI elects to participate in the Contract Period Research Program, at the ----------------------- ** This portion redacted pursuant to a request for confidential treatment.

  • If HMRI elects to participate in the Contract Period Research Program, HMRI shall pay OSI's total actual research costs in carrying out the Contract Period Research Plan, plus Allocated Overhead (the "Funding Payments").

  • If HMRI does not elect to participate in the Contract Period Research Program at the end of the Option Period, HMRI will offer to OSI a worldwide license as more fully set forth in Section 5.1.2 hereof.

  • The term of the Contract Period shall commence at the end of the Option Period upon notice from HMRI to OSI pursuant to Section 2.1.2 hereof that HMRI elects to participate in the Contract Period Research Program, and shall continue for twenty-four (24) months, unless extended or sooner terminated by mutual written agreement of the parties, or as otherwise provided in this Agreement.

  • If HMRI elects not to participate in the Contract Period Research Program and/or the Development Phase Program and OSI accepts the grant of license set forth in Section 5.1.2 hereof, OSI shall pay ----------------------- ** This portion redacted pursuant to a request for confidential treatment.