Exploratory Research Plan Sample Clauses
The Exploratory Research Plan clause outlines the framework and objectives for conducting preliminary research activities within a project. It typically details the scope of the research, methodologies to be used, timelines, and deliverables expected from the exploratory phase. For example, it may require the research team to investigate new technologies, assess market needs, or identify potential risks before committing to full-scale development. The core function of this clause is to ensure that all parties have a clear understanding of the initial research efforts, thereby reducing uncertainty and guiding informed decision-making for subsequent project phases.
Exploratory Research Plan. The principal objectives of the activities to be undertaken by HMI during the Research Term to determine the feasibility of applying the HMI Licensed Technology to identify novel applications with respect to available targets other than the Targets will be defined in a research plan based substantially on the General Research Plan (the “Exploratory Research Plan”). The Exploratory Research Plan will set forth: (a) the specific activities to be performed by HMI during the Research Term using the HMI Platform Technology to conduct vector design or vector assessment activities to determine the feasibility of applying the HMI Licensed Technology to identify novel applications with respect to available targets other than the Targets, including the Manufacture of research grade vectors (the “Exploratory Research Activities”); (b) the anticipated number of HMI FTEs to be dedicated to performing the Exploratory Research Activities; and (c) a budget setting out by Calendar Year the estimated Internal Costs and External Costs (including Manufacturing Costs) to be incurred by HMI and its Affiliates in the conduct of the Exploratory Research Activities in the upcoming Calendar Year (the “Exploratory Research Budget”). NVS will develop and submit the initial Exploratory Research Plan to the JSC for its review and approval no later than [***] month after the Effective Date and in any event in advance of HMI being responsible for the performance of any such Exploratory Research Activities.
Exploratory Research Plan. The principal Development objectives to enable improved Guide RNA, [***] delivery strategies, and any other Development activities that the JRC agrees to include pursuant to any amendment under Section 2.3.2 (Amendments to the Exploratory Research Plan) (the “Exploratory Research Program”) will be set forth in a written plan that includes: (a) the specific activities to be performed by each Party and (b) the estimated timelines for the performance of such activities (such plan, as may be updated from time to time, the “Exploratory Research Plan” and the activities to be performed by the Parties thereunder, the “Exploratory Research Activities”). In addition, the Exploratory Research Plan will include a written budget pursuant to which Metagenomi will perform the Exploratory Research Activities allocated to Metagenomi under such Exploratory Research Plan, which budget will include (i) the number of FTEs to be dedicated by Metagenomi under the Exploratory Research Plan, and (ii) any Out-of-Pocket Costs expected to be incurred by Metagenomi in the performance of such Exploratory Research Activities on a line-item basis (the “Exploratory Research Budget”). The initial Exploratory Research Plan is set forth on Schedule 2.3.1 (Exploratory Research Plan).
Exploratory Research Plan. The [***], and any other Development activities that the JRC agrees to include pursuant to any amendment under Section 2.3.2 (Amendments to the Exploratory Research Plan) (the “Exploratory Research Program”) will be set forth in a written plan that includes: (a) the specific activities to be performed by each Party and (b) the estimated timelines for the performance of such activities (such plan, as may be updated from time to time, the “Exploratory Research Plan” and the activities to be performed by the Parties thereunder, the “Exploratory Research Activities”). In addition, the Exploratory Research Plan will include a written budget pursuant to which Metagenomi will perform the Exploratory Research Activities allocated to Metagenomi under such Exploratory Research Plan, which budget will include (i) [***], and (ii) [***] (the “Exploratory Research Budget”). The initial Exploratory Research Plan is set forth on Schedule 2.3.1 (Exploratory Research Plan).