Common use of Firewalls Clause in Contracts

Firewalls. In the event that a Party or its Affiliates has a research or development program outside this Agreement that competes with a publicly-known research or development program of the other Party outside this Agreement, then such Party shall put in place appropriate firewall arrangements reasonably acceptable to the other Party such that the applicable programs are segregated from the Research Programs and EDPs conducted

Appears in 3 contracts

Sources: Collaboration and License Agreement (Codiak BioSciences, Inc.), Collaboration and License Agreement (Codiak BioSciences, Inc.), Collaboration and License Agreement (Codiak BioSciences, Inc.)