Common use of Conduct of Research Program Clause in Contracts

Conduct of Research Program. During the Research Term, Paragon and Paruka shall (i) perform the activities assigned to it under the applicable Research Plan in a professional, diligent and good scientific manner, in compliance with all Applicable Law, and in compliance with the applicable Research Plans; (ii) ensure that its Representatives and subcontractors diligently perform the applicable Research Program in a manner in accordance with generally accepted industry practices by appropriately trained personnel who are experienced in the relevant fields and in compliance with Applicable Law; (iii) keep Oruka fully informed regarding the progress and results of the Research Program; (iv) promptly provide ▇▇▇▇▇ with any additional information regarding the Research Program that Oruka reasonably requests; (v) participate in teleconference(s) at a time(s) agreed upon by the Parties to provide an update to Oruka on the performance of the Research Program; and (vi) give ▇▇▇▇▇ prompt written notice with respect to information known or believed by Paragon and ▇▇▇▇▇▇ to be likely to materially impede or otherwise adversely affect the performance of the Research Program.

Appears in 2 contracts

Sources: Antibody Discovery and Option Agreement (ARCA Biopharma, Inc.), Antibody Discovery and Option Agreement (ARCA Biopharma, Inc.)

Conduct of Research Program. During the Research Term, Paragon and Paruka Parascent shall (i) perform the activities assigned to it under the applicable Research Plan in a professional, diligent and good scientific manner, in compliance with all Applicable Law, and in compliance with the applicable Research PlansPlan; (ii) ensure that its Representatives and subcontractors diligently perform the applicable Research Program in a manner in accordance with generally accepted industry practices by appropriately trained personnel who are experienced in the relevant fields and in compliance with Applicable Law; (iii) keep Oruka Crescent fully informed regarding the progress and results of the Research Program; (iv) promptly [***] provide ▇▇▇▇▇ Crescent with any additional information regarding the Research Program that Oruka Crescent reasonably requests; (v) participate in teleconference(s) at a time(s) agreed upon by the Parties to provide an update to Oruka Crescent on the performance of the Research Program; and (vi) give ▇▇▇▇▇ prompt written Crescent [***] notice with respect to information known or believed by Paragon and ▇▇▇▇▇▇ Parascent to be likely to materially impede or otherwise adversely affect the performance of the Research Program.

Appears in 1 contract

Sources: Antibody Discovery and Option Agreement (Glycomimetics Inc)

Conduct of Research Program. During the Research Term, Paragon and Paruka Parascent shall (i) perform the activities assigned to it under the applicable Research Plan in a professional, diligent and good scientific manner, in compliance with all Applicable Law, and in compliance with the applicable Research PlansPlan; (ii) ensure that its Representatives and subcontractors diligently perform the applicable Research Program in a manner in accordance with generally accepted industry practices by appropriately trained personnel who are experienced in the relevant fields and in compliance with Applicable Law; (iii) keep Oruka Crescent fully informed regarding the progress and results of the Research Program; (iv) promptly [***] provide ▇▇▇▇▇ Crescent with any additional information regarding the Research Program that Oruka Crescent reasonably requests; (v) participate in teleconference(s) at a time(s) agreed upon by the Parties to provide an update to Oruka Crescent on the performance of the Research Program; and (vi) give ▇▇▇▇▇ prompt written notice Crescent [***] with respect to information known or believed by Paragon and ▇▇▇▇▇▇ Parascent to be likely to materially impede or otherwise adversely affect the performance of the Research Program.

Appears in 1 contract

Sources: Adc Discovery and Option Agreement (Glycomimetics Inc)

Conduct of Research Program. During the Research Term, Paragon and Paruka Parade shall (i) perform the activities assigned to it under the applicable Research Plan in a professional, diligent and good scientific manner, in compliance with all Applicable Law, and in compliance with the applicable Research Plans; (ii) ensure that its Representatives and subcontractors diligently perform the applicable Research Program in a manner in accordance with generally accepted industry practices by appropriately trained personnel who are experienced in the relevant fields and in compliance with Applicable Law; (iii) keep Oruka Jade fully informed regarding the progress and results of the Research Program; (iv) promptly [***] provide ▇▇▇▇ with any additional information regarding the Research Program that Oruka Jade reasonably requests; (v) participate in teleconference(s) at a time(s) agreed upon by the Parties to provide an update to Oruka ▇▇▇▇ on the performance of the Research Program; and (vi) give ▇▇▇prompt written [***] notice with respect to information known or believed by Paragon and ▇▇▇▇▇▇ Parade to be likely to materially impede or otherwise adversely affect the performance of the Research Program.

Appears in 1 contract

Sources: Antibody Discovery and Option Agreement (Aerovate Therapeutics, Inc.)