Common use of Program Plans Clause in Contracts

Program Plans. 2.4.1. Licensee shall develop a Program Plan for each New Program described in this Section 2.4.1 as follows. Promptly (and in any event within [***] ([***]) [***]) after the selection of a New Program under Section 2.3.2 (Selection of New Programs), Licensee shall deliver the draft Program Plan for such New Program to Inhibrx. The Parties shall mutually agree upon any activities within the initial Program Plan [***]. 2.4.2. Each Program Plan shall include at a minimum: (a) A description of the Binders to be Developed; and (b) A description of the Development activities to be undertaken and completed, including deliverables and timeframes.

Appears in 2 contracts

Sources: Option and License Agreement (Inhibrx, Inc.), Option and License Agreement (Inhibrx, Inc.)