Common use of The Research Program Clause in Contracts

The Research Program. The Research Program shall be conducted for the Research Term. Subject to the other terms of this Agreement, the Research Term shall automatically be extended for an additional period of one (1) year unless, within [***] prior to the expiration of the Research Term, the JSC determines that additional Specific Targets should not be evaluated using the CAT Technology. The Research Term or any extensions thereof may also be extended upon mutual agreement of the Parties, which extension must be agreed upon at least ***] in advance of the end of the Research Term or the then current extension. At the first meeting of the JSC, on a regular basis thereafter, but in no event less than once every [***], and [***] after the end of the Research Term, the JSC shall [***]. Each list provided for by the proceeding shall be transmitted by reliable means to each member of the JSC who shall, at either the next meeting of the JSC or [***] after receipt thereof, confirm the accuracy of the content of each applicable list. No Specific Target on any list provided for under this Section 5.1.2 shall continue to be deemed a Specific Target under this Agreement if within [***] of designation by a Party such Party has not provided quantities of suitable materials sufficient to permit such Specific Target to be subjected to the CAT Technology.

Appears in 1 contract

Sources: Research and Development (Cambridge Antibody Technology Group PLC)

The Research Program. The Research Program shall be conducted for the Research Term. Subject to the other terms of this Agreement, the Research Term shall automatically be extended for an additional period of one (1) year unless, within [***] prior to the expiration of the Research Term, the JSC determines that additional Specific Targets should not be evaluated using the CAT Technology. The Research Term or any extensions thereof may also be extended upon mutual agreement of the Parties, which extension must be agreed upon at least [***] in advance of the end of the Research Term or the then current extension. At the first meeting of the JSC, on a regular basis thereafter, but in no event less than once every [***], and [***] after the end of the Research Term, the JSC shall [***]. Each list provided for by the proceeding shall be transmitted by reliable means to each member of the JSC who shall, at either the next meeting of the JSC or [***] after receipt thereof, confirm the accuracy of the content of each applicable list. No Specific Target on any list provided for under this Section 5.1.2 shall continue to be deemed a Specific Target under this Agreement if within [***] of designation by a Party such Party has not provided quantities of suitable materials sufficient to permit such Specific Target to be subjected to the CAT Technology.

Appears in 1 contract

Sources: Research, Development and Commercialization Agreement (Cambridge Antibody Technology Group PLC)