Exelixis’ Obligations Sample Clauses

Exelixis’ Obligations. Following the discontinuation of the JSC pursuant to Section 3.5, Exelixis shall provide to Adagene written reports on [***] basis regarding its significant Development (including receipts of Regulatory Approval) activities with respect to Products for each Collaboration Target in the Territory. Each such written report shall summarize in reasonable detail Exelixis’, its Affiliates’, and Sublicensees’ significant Development activities, and the progress made with respect to the Development and Regulatory Approval of Products in the Territory, and shall contain relevant information at a level of detail reasonably required by Adagene to determine whether Exelixis is in compliance with its diligence obligations set forth herein.

Exelixis’ Obligations