Common use of Conduct of Discovery Phase Clause in Contracts

Conduct of Discovery Phase. DYAX agrees to devote commercially reasonable resources and efforts to the diligent conduct of the work described in the Discovery Phase section of the Work Plan Outline included in Exhibit 1 attached hereto. The Discovery Phase shall commence on the Effective Date and is expected to continue for a period of *************. The Discovery Phase shall end when DYAX has delivered to CUSTOMER the Discovery Phase Deliverables described in the Work Plan Outline. During the Discovery Phase, DYAX's Project Director shall meet with representatives of CUSTOMER at the reasonable request of CUSTOMER to respond to questions and facilitate the exchange of appropriate information on the progress of the Discovery Phase. In addition, Dyax shall submit a quarterly summary progress report to CUSTOMER and a final written report as set forth in the Work Plan Outline. Confidential material omitted and filed separately with the Securities and Exchange Commission. Asterisks denote such omissions.