Development of Licensed Products. (i) Within [***], Company shall furnish University with a written research and development plan under which Company intends as of the Effective Date to develop Licensed Products. (ii) Within [***], beginning on January 1, 2015 Company shall furnish University with a written report on progress during the prior year to develop and commercialize Licensed Products, including without limitation research and development, efforts to obtain regulatory approval, marketing, and sales figures. The Company shall also include in the report a discussion of its intended development and commercialization efforts and sales projections for the current year. (iii) Within [***] after the Effective Date, Company, its Affiliate or Sublicensee shall [***]. (iv) Within ten (10) years after the Effective Date, Company, its Affiliate or Sublicensee shall [***].
Appears in 3 contracts
Sources: Exclusive License Agreement (Voyager Therapeutics, Inc.), Exclusive License Agreement (Voyager Therapeutics, Inc.), Exclusive License Agreement (Voyager Therapeutics, Inc.)