Common use of Collaborative Efforts and Reports Clause in Contracts

Collaborative Efforts and Reports. (a) The Parties agree that the successful execution of the R&D Program will require the collaborative use of both Parties' areas of expertise. The Parties shall keep the RMC fully informed about the status of the portions of the R&D Program they respectively perform. Without limiting the foregoing, each Party shall furnish to the RMC [*****] reports within [*****] days after the end of each [*****] period, describing the progress of its activities in connection with the R&D Program in reasonable 8 * Confidential Treatment Requested detail, including at least: (i) an estimation by DIVERSA of the FTEs used for each Research [*****] and Research [*****] and the budget used for each [*****] Plan, and (ii) a summary of the testing and development of [*****] Enzymes and Licensed [*****]. (a) shall describe all [*****] Enzymes that have been put into [*****], and shall also contain sufficient other information to allow a Party to monitor the other Party's compliance with this Agreement, including without limitation, each Party's obligations with respect to the accomplishment of the [*****]. All reports and information provided under this Section 2.1.2 (a) shall be deemed Confidential Information of the Party which provided the information. (b) DIVERSA and DOW shall cooperate in the performance of the R&D Program and, subject to any confidentiality obligations to Third Parties or legal restrictions, shall exchange information [*****] as necessary to carry out the R&D Program pursuant to the provisions of this Agreement. Each Party will attempt to accommodate any reasonable request of the other Party to send or receive personnel for purposes of discussing the R&D Program. Such visits and access will be at mutually agreed times, have defined purposes, be of agreed limited duration, and be scheduled in advance. Each Party shall [*****] of their respective personnel related to these visits. It is understood that any such visiting personnel may be [*****] the R&D Program and the rights of Third Parties, which may include [*****] of the R&D Program. All personnel shall abide by the required rules for any Third Party visiting that Party's site, including, but not limited to, [*****] and other matters. (c) During the Research Term and for a period of [*****] years thereafter, DIVERSA and DOW shall maintain records of the R&D Program (or cause such records to be maintained) in sufficient detail and good scientific manner as will properly reflect all work done in the R&D Program and results achieved in the performance of the R&D Program. Each Party shall allow the other Party to have reasonable access to all pertinent Research [*****] generated by or on behalf of such Party with respect to each [*****]