Common use of Goals of the Project Clause in Contracts

Goals of the Project. A. To increase awareness of the Company’s T121 product opportunity in the Target organizations; B. To develop a set of strategic contacts and champions for the Company within the Target organizations; C. To set the stage for a potential acquisition of the Company and/or its T121 product by a Target after T121 Phase 2 data; and D. To explore and close an acquisition, partnering deal or development program with a Target. The Company envisions the following possible outcomes of this business development process: A. An acquisition of the Company and/or its T121 product by a Target after T121 Phase 2 data; B. A Target invests in the Company’s Series B financing; and/or C. A Target does a partnering deal with the Company based upon its Phase 1 or Phase 2 data.