Common use of Change in Project Director Clause in Contracts

Change in Project Director. If for any reason the FOUNDATION PROJECT DIRECTOR is unable to fulfill the responsibilities required to carry out this RESEARCH AGREEMENT, the parties shall negotiate in good faith the continuance of this research PROJECT. However, if another principal investigator satisfactory to SPONSOR cannot be agreed upon, SPONSOR may terminate this RESEARCH AGREEMENT. In the event of termination FOUNDATION shall be reimbursed for all costs it incurs in connection with this RESEARCH AGREEMENT which arise from commitments made by FOUNDATION prior to receipt of notice of termination, provided the commitments cannot be terminated by the FOUNDATION.

Change in Project Director. If for any reason the FOUNDATION FOUNDATION’s PROJECT DIRECTOR is unable to fulfill the responsibilities required to carry out this RESEARCH AGREEMENT, the parties shall negotiate in good faith the continuance of this research PROJECT. However, if another principal investigator satisfactory to SPONSOR cannot be agreed upon, SPONSOR may terminate this RESEARCH AGREEMENT. In the event of termination FOUNDATION shall be reimbursed for all costs it incurs in connection with this RESEARCH AGREEMENT which arise from commitments made by FOUNDATION prior to receipt of notice of termination, provided the commitments cannot be terminated by the FOUNDATION.

Change in Project Director. If for any reason the FOUNDATION PROJECT DIRECTOR is unable to fulfill the responsibilities required to carry out this RESEARCH AGREEMENT, the parties PARTIES shall negotiate in good faith the continuance of this research cooperative PROJECT. However, if another principal investigator project director satisfactory to SPONSOR COMPANY cannot be agreed upon, SPONSOR COMPANY may terminate this RESEARCH AGREEMENT. In the event of termination termination, COMPANY shall reimbursed the FOUNDATION shall be reimbursed for all costs it incurs in connection with this RESEARCH AGREEMENT which arise from commitments made by FOUNDATION prior to receipt of notice of termination, provided the commitments cannot be terminated by the FOUNDATION.

Change in Project Director. If for any reason the FOUNDATION PROJECT DIRECTOR is unable to fulfill the responsibilities required to carry out this RESEARCH AGREEMENTResearch Agreement, the parties shall negotiate in good faith the continuance of this research PROJECT. However, if another principal investigator satisfactory to SPONSOR cannot be agreed upon, SPONSOR may terminate this RESEARCH AGREEMENTResearch Agreement. In the event of termination by SPONSOR, FOUNDATION shall be reimbursed for all costs it incurs in connection with this RESEARCH AGREEMENT Research Agreement which arise from commitments made by FOUNDATION prior to receipt of notice of termination, provided the commitments cannot be terminated by the FOUNDATION.