Common use of Grant of Exclusivity Clause in Contracts

Grant of Exclusivity. Subject to the terms and conditions of this Agreement, ▇▇▇▇▇▇▇▇▇ hereby grants to the Company, and the Company hereby accepts, a first and exclusive right, during the Exclusivity Period, to conduct Research (or have conducted Research by Nestlé and ▇▇▇▇▇▇▇▇▇ in accordance with this Agreement) to evaluate and develop Products and ▇▇▇▇▇▇▇▇▇ Compounds from the ▇▇▇▇▇▇▇▇▇ Library and the use of ▇▇▇▇▇▇▇▇▇ Botanical R&D Platform in the Research Field (the “Exclusivity Grant”).