Common use of Failure to Agree on New Collaboration Compound Clause in Contracts

Failure to Agree on New Collaboration Compound. In the event the Parties do not mutually agree as to whether the Parties should continue activities under the Development Plan with respect to the Collaboration Compound, either Party shall have the right to terminate this Agreement under Section 10.2, and the effects of termination set forth in Section [**] Certain information in this document has been omitted and filed separately with the Securities and Exchange Commission. 10.4.1 shall apply.

Failure to Agree on New Collaboration Compound. In the event the Parties do not mutually agree as to whether the Parties should continue activities under the Development Plan with respect to the Collaboration Compound, either Party shall have the right to terminate this Agreement under Section 10.2, and the effects of termination set forth in Section [**] Certain information in this document has been omitted and filed separately with the Securities and Exchange Commission.Section 10.4.1 shall apply.

Failure to Agree on New Collaboration Compound. In the event the Parties do not mutually agree as to whether the Parties should continue activities under the Development Plan with respect to the Collaboration Compound, either Party shall have the right to terminate this Agreement under Section 10.2, and the effects of termination set forth in Section [**] Certain information in this document has been omitted and filed separately with the Securities and Exchange Commission. 10.4.1 shall apply.. ​