Common use of Effect of Opt-Out Clause in Contracts

Effect of Opt-Out. For purposes of clarity the following provisions will apply with respect to any New Licensed Product from and after the Section 5.11 Opt-out Effective Date:

Appears in 3 contracts

Samples: Option and License Agreement (Aveo Pharmaceuticals, Inc.), Option and License Agreement (Aveo Pharmaceuticals Inc), Option and License Agreement (Aveo Pharmaceuticals Inc)

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Effect of Opt-Out. For purposes of clarity clarity, and subject to Section 5.13 below, the following provisions will apply with respect to any New Indication Existing Licensed Product from and after the Section 5.11 5.12 Opt-out Effective Date:

Appears in 3 contracts

Samples: Option and License Agreement (Aveo Pharmaceuticals, Inc.), Option and License Agreement (Aveo Pharmaceuticals Inc), Option and License Agreement (Aveo Pharmaceuticals Inc)

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