Common use of Discovery Projects Clause in Contracts

Discovery Projects. (i) The Company will also utilize the Platform Technology to conduct up to two Discovery Projects at the Foundation’s reasonable discretion and subject to the terms below. “Discovery Project” means a project proposed by the Foundation or a Foundation-supported Entity and conducted by the Company utilizing the Platform Technology to identify mAb candidates against a target pathogen or antigens associated with a target pathogen, in accordance with a mutually-agreed upon SOW and TPP, and potentially to further develop such candidates.

Appears in 2 contracts

Sources: Strategic Relationship Agreement, Strategic Relationship Agreement (Arsanis, Inc.)