Common use of Determination of Commercial Viability Clause in Contracts

Determination of Commercial Viability. For purposes of Section 7.1.1(b), Firmenich will conduct an evaluation of whether the applicable Compound is Commercially Viable. Firmenich shall be solely responsible for […***…], that it incurs to perform such evaluations. During such evaluations, Firmenich will provide regular written updates, but not less often than by the […***…], to Senomyx including the progress and results of such evaluation. If Firmenich determines that the applicable Compound is not Commercially Viable, then Firmenich shall deliver a final written update that shall include […***…]. For the avoidance of doubt, the determination of whether a Compound is Commercially Viable only relates to […***…]. ***Confidential Treatment Requested

Determination of Commercial Viability. For purposes of Section 7.1.1(b), Firmenich will conduct an evaluation of whether the applicable Compound is Commercially Viable. Firmenich shall be solely responsible for […***…], that it incurs to perform such evaluations. During such evaluations, Firmenich will provide regular written updates, but not less often than by the […***…], to Senomyx including the progress and results of such evaluation. If ***Confidential Treatment Requested Firmenich determines that the applicable Compound is not Commercially Viable, then Firmenich shall deliver a final written update that shall include […***…]. ] For the avoidance of doubt, the determination of whether a Compound is Commercially Viable only relates to […***…]. ***Confidential Treatment Requested

Determination of Commercial Viability. For purposes of Section 7.1.1(b), Firmenich will conduct an evaluation of whether the applicable Compound is Commercially Viable. Firmenich shall be solely responsible for […***…], that it incurs to perform such evaluations. During such evaluations, Firmenich will provide regular written updates, but not less often than by the […***…], to Senomyx including the progress and results of such evaluation. If Firmenich determines that the applicable Compound is not Commercially Viable, then Firmenich shall deliver a final written update that shall include […***…]. ] For the avoidance of doubt, the determination of whether a Compound is Commercially Viable only relates to […***…]. ] ***Confidential Treatment Requested