Common use of Expansion of the Field Clause in Contracts

Expansion of the Field. The Parties shall from time to time discuss the addition of new indications to the Field. Such discussions would include the terms upon which an indication would be added, including without limitation, commitment fees, upfront option fees, milestones, royalties and the Development of Licensed Product for such new indications. For clarification, Argos shall have no obligation to agree to add any new indications to the Field.

Appears in 2 contracts

Sources: License Agreement (Argos Therapeutics Inc), License Agreement (Argos Therapeutics Inc)