Common use of Disclosure of Results; Reports Clause in Contracts

Disclosure of Results; Reports. The JSMC will provide quarterly written reports to the Parties presenting a meaningful summary of the work performed on the Research Program. In addition, on reasonable request by BMS, 3DP will make presentations of its activities under this Agreement to inform BMS of the details of the work done under this Agreement. Know-how and other information regarding the Research Program disclosed by one Party to the other Party pursuant hereto may be used only in accordance with the rights granted under this Agreement. Within thirty (30) days following the end of each calendar quarter, the Parties shall each exchange and provide to the JSMC a written report summarizing in reasonable detail the work performed by it under the Research Program during the preceding calendar quarter. The JSMC shall direct the formation of a Joint Research Team ("JRT") with equal membership from 3DP and BMS. The JRT shall be responsible for the day-to-day scientific direction of the Research ** Certain portions of this Exhibit have been omitted based upon a request for confidential treatment that has been filed with the Commission. The omitted portions have been filed separately with the Commission.