Development Compound Clause Samples
Development Compound. If a Developing Party wishes to develop, make and commercialize a [ * ] product that the Developing Party believes necessary to [ * ], then the Developing Party shall contact the other Party and the Parties shall negotiate an agreement providing compensation to the other Party on terms that are commercially reasonable in the [ * ], as mutually agreed; provided, however, that if such [ * ] product is being sold at or below the Developing Party's fully-allocated cost, then such rights shall be royalty-free for so long as such products are being sold at or below the Developing Party's fully-allocated cost.
Development Compound. This shall not be construed as any assignment of any Patent Controlled by GSK to OncoMed.
Development Compound. Based upon the Clinical Candidate Guidelines and the results of the Discovery Program [ * ], the JRCshall designate one (1) or more Compounds as a Development Compound from the Lead Compounds, and each such Compound so designated shall be deemed a “Development Compound” for the purposes of this Agreement. Based on [ * ], the JRC may de-select the Development Compound and select the another Lead Compound as a Development Compound. In such case, the de-selected Compound shall cease to be a Development Compound for the purposes of this Agreement.