Examples of Research Plan and Budget in a sentence
The Research Program will be carried out in accordance with the Research Plan and Budget then in effect.
At its meetings, the Research Committee will (i) monitor the progress of the Research Program toward its objectives, and (ii) review and approve the Research Plan and Budget, pursuant to this Article 3.
If Focal elects to perform such Research, Focal and the Developing Party shall establish a reasonable Research Plan and Budget for such Research Program, and Focal shall proceed with such Research Program in accordance with this Agreement.
In each case, such Research shall be conducted solely pursuant to a Research Program, as further described in the Research Plans and Budgets, and Focal shall use its reasonable efforts to diligently perform the Research Program in accordance with the Research Plan and Budget then in effect.
In addition, the Research Committee shall review the Research Plan and Budget on an ongoing basis and may modify the Research Plan and Budget as the Research Committee shall approve from time to time.
By October 1 of each calendar year, Focal and/or the Developing Party shall propose to the Research Committee appropriate modifications, if any, of the Research Plan and Budget for the next succeeding year, and upon approval of such modifications of the Research Plan and Budget by the Research Committee, such modified plans and budgets shall be reflected in the Research Plan and Budget for purposes of this Agreement.
As used herein, a "full-time equivalent" (or "FTE") shall mean a full-time person dedicated to the Research Program, or in the case of less than a full-time dedicated person, a full-time, equivalent person year, based upon a total of one thousand eight hundred eighty (1,880) hours per year of work related to the Research Program, to the extent such full-time equivalent personnel are included as headcounts in the Research Plan and Budget.
Subject to Section 3.3.3(b), if the results of the Fragmentation and Embolization Study as reasonably determined by both Ciba and Chiron meet the Study Criteria, the parties shall continue with the Research Program with respect to the First Generation FocalGel Product in accordance with the Research Plan and Budget.
Focal agrees to provide reasonable mutually agreed technical support as reasonably necessary pursuant to the Research Plan and Budget; however, except as otherwise expressly agreed in writing, Focal shall have no obligation to perform pre-clinical studies other than those contained in the Research Plan and Budget or clinical studies or other portions of Product Development.
Subject to Section 3.3.3(b), the Research Program with respect to First Generation FocalGel Product shall be initiated promptly after the Effective Date in accordance with the Research Plan and Budget.