OSIP definition

OSIP. See Paragraph 1.
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OSIP means that Officers and Directors Stock Incentive Plan to be implemented by Classic on the Effective Date and shall be substantially in the form attached hereto as Exhibit E.
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Examples of OSIP in a sentence

  • Each Party hereby grants to the other, a non-exclusive, non-transferable, royalty-free license to use and practice OSIP Background Technology, SGX Background Technology and such Party's interest in Collaboration Technology, solely to conduct the Collaboration.

  • This Agreement, including the Exhibit attached hereto, constitutes the entire agreement of the Parties with respect to the subject matter hereof, and supersedes all prior or contemporaneous understandings or agreements, whether written or oral, between OSIP and SGX with respect to such subject matter.

  • Each such sublicense granted by OSIP shall be consistent with all of the terms and conditions of this Agreement.

  • During the Term of the Collaboration, OSIP will pay $60,000 per month, payable quarterly in advance, commencing on the Effective Date.

  • All rights and remedies existing under this Agreement and the Proxy are cumulative to, and not exclusive of, any rights or remedies otherwise available.

  • OSIP shall have the sole right, at its sole discretion and expense, to take any and all steps to ▇▇▇▇▇ infringement or misappropriation of OSIP Patents.

  • The JSC shall be comprised of two (2) representatives from OSIP and two (2) representatives from SGX: OSIP SGX --------------------------- --------------------------- [...***...], Ph.D. [...***...], Ph.D. Vice President, [...***...] Vice President, [...***...] [...***...],Ph.D. [...***...], Ph.D. Vice President, [...***...] Vice President, [...***...] Each Party may replace its JSC representatives at any time, with written notice to the other Party.

  • SGX and OSIP wish to enter into a collaborative research program to perform high-throughput co-complex structure determination of OSIP drug targets with compounds provided by OSIP.

  • OSIP may sublicense the rights granted in Section 4.1 to its Affiliates and to Third Parties.

  • The JSC will be responsible for (i) coordinating, monitoring and reporting research progress and ensuring open exchange between the Parties with respect to Collaboration activities; (ii) determining the research strategy and time lines for the Collaboration Plan; (iii) confirming the achievement of Milestones under Section 3.3; and (iv) including additional OSIP Targets or removing OSIP Targets from the Collaboration in accordance with Section 2.6.