Elected Candidate Replacement Notice. Subject to Section 2.10(d)(ii), on an Elected Candidate-by-Elected Candidate basis, Merck may elect at any time prior to the earlier to occur of [***], to replace such Elected Candidate with a back-up Elected Candidate (a “Back-Up Elected Candidate”) by providing Moderna with written notice of same (a “Replacement Notice”).
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Samples: Master Collaboration and License Agreement, Master Collaboration and License Agreement (Moderna, Inc.), Master Collaboration and License Agreement (Moderna, Inc.)
Elected Candidate Replacement Notice. Subject to Section 2.10(d)(ii), on an Elected Candidate-Candidate- by-Elected Candidate basis, Merck may elect at any time prior to the earlier to occur of [***], to replace such Elected Candidate with a back-up Elected Candidate (a “Back-Up Elected Candidate”) by providing Moderna with written notice of same (a “Replacement Notice”).
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