Common use of Elected Candidate Replacement Notice Clause in Contracts

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”).

Appears in 5 contracts

Samples: Collaboration and License Agreement, Collaboration and License Agreement (Moderna, Inc.), Collaboration and License Agreement (Moderna, Inc.)

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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”).

Appears in 1 contract

Samples: Collaboration and License Agreement

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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 R eplacement Notice”).

Appears in 1 contract

Samples: Collaboration and License Agreement

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