Common use of Evaluation of Lead Declaration, Candidate Selection Activities and PoC Trial Results Clause in Contracts

Evaluation of Lead Declaration, Candidate Selection Activities and PoC Trial Results. (a) In the event that Anacor determines that a Collaboration Compound meets the Lead Declaration Criteria, Anacor shall promptly notify GSK in writing of such event and shall provide to the JRC, not less than [***] prior to the next regularly scheduled meeting, a data package containing a reasonably complete set of analysis, results and raw data from the Lead generation and optimization activities for such Collaboration Compound (the "Lead Declaration Report"). The JRC will, at its next regularly scheduled meeting or at an ad hoc meeting scheduled by the JRC (and in any event within [***] after the JRC's receipt of the Lead Declaration Report), review the Lead Declaration Report to confirm whether the Collaboration Compound meets the Lead Declaration Criteria.

Evaluation of Lead Declaration, Candidate Selection Activities and PoC Trial Results. (a) In the event that Anacor determines that a Collaboration Compound meets the Lead Declaration Criteria, Anacor shall promptly notify GSK in writing of such event and shall provide to the JRC, not less than [***] prior to the next regularly scheduled meeting, a data package containing a reasonably complete set of analysis, results and raw data from the Lead generation and optimization activities for such Collaboration Compound (the "“Lead Declaration Report"”). The JRC will, at its next regularly scheduled meeting or at an ad hoc meeting scheduled by the JRC (and in any event within [***] after the JRC's ’s receipt of the Lead Declaration Report), review the Lead Declaration Report to confirm whether the Collaboration Compound meets the Lead Declaration Criteria.