Evaluation Meetings. Within thirty (30) days following ------------------- NeuroSearch's completion of Assays on each of the Year One Extracts, the Committee shall meet to review the results of all of the Assays and evaluate the overall progress of the Program. The Committee shall determine, based upon the results of the Assays performed by NeuroSearch whether any of such Extracts possesses Requisite Activity. If so, the Committee shall then designate between [ ]* Extracts that have been determined to possess Requisite Activity as Validated Hit Extracts.
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Sources: Research Collaboration and License Agreement (Phytera Inc), Research Collaboration and License Agreement (Phytera Inc)