Common use of Effects of Change of Control Clause in Contracts

Effects of Change of Control. Except in the scenario set forth in Section 17.8.5 below (in which case, the terms of Section 17.8.5 shall apply to such scenario), following a Change of Control of Precision, Lilly may [***]. (a) [***]: (i) Precision[***]; (ii) with respect to [***]; (iii) the JSC shall [***]; (iv) Precision shall [***]; (v) solely if [***]; (vi) with respect to [***]; and (vii) Precision shall [***]. (b) [***].

Effects of Change of Control. Except in the scenario set forth in Section 17.8.5 below (in which case, the terms of Section 17.8.5 shall apply to such scenario), following a Change of Control of Precision, Lilly Prevail may [***]. (a) [***]: (i) Precision[***]; (ii) with respect to [***]; (iii) the JSC shall [***]; (iv) Precision shall [***]; (v) solely if [***]; (vi) with respect to [***]; and (vii) Precision shall [***]. (b) [***].