Common use of Exclusivity; Non-Compete; Change of Control Clause in Contracts

Exclusivity; Non-Compete; Change of Control. (a) During the Term, except as provided in Section 2.8(d) below or otherwise expressly contemplated under this Agreement, ▇▇▇▇▇▇▇▇ shall not, and shall cause its Affiliates and its licensees and sublicensees with respect to the Licensed Compound or Products to not, engage in (independently or for or with any Third Party) [***]. (b) During the Term, except as provided in Section 2.8(d) below or otherwise expressly contemplated under this Agreement, Zai shall not, and shall cause its Affiliates, licensees and Sublicensees with respect to the Licensed Compound or Products to not, [***]. (c) For clarity, nothing in this Agreement prohibits either Party from conducting, participating in, or funding, directly or indirectly, alone or with any Affiliate or Third Party, [***].

Appears in 2 contracts

Sources: License Agreement (Zai Lab LTD), License Agreement (Cullinan Oncology, LLC)