Common use of Transfer of Resources Clause in Contracts

Transfer of Resources. In the event that neither the Call Option nor the Put Option (as defined in the Put/Call Agreement) is exercised, Corixa will use its reasonable best efforts as requested by GenQuest to (a) insure that those individuals who have worked primarily on GenQuest matters become employees of GenQuest; provided, however, that Corixa will not be required to incur a material economic disadvantage or initiate any legal action pursuant to this subsection 6(a), and (b) transfer ownership to GenQuest of that equipment this is listed on Schedule B attached hereto or that Corixa is separately reimbursed for by GenQuest under Section 8.2 of the Collaboration Agreement; provided, however, that GenQuest and Corixa shall agree from time to time, but not less than once a year, on what equipment shall be included in Schedule B. Schedule B shall be amended from time to time as agreed by Corixa and GenQuest.