Field, Territory and Product Extensions Sample Clauses

Field, Territory and Product Extensions. CYTOVIA shall advise PINT, through the JOC, of the initiation by CYTOVIA of a formal program (as opposed to simple feasibility studies, planning or preparation) (i) to expand the indications of the Product beyond the Field, (ii) to Commercialize the Product in a formulation other than a formulation intended for injection, (iii) to sublicense rights to the Product comparable to those granted to PINT hereunder in a territory (other than the Territory or a portion thereof) that PINT has designated by notice as a territory in which PINT has operations or intends to commence operations by the time such program is to be implemented; or (iv) to commercialize products that are indicated for use in one or more of the same patient populations as the Products. In each such case, CYTOVIA shall so advise PINT no later than thirty (30) days prior to entering into any agreement with a Third Party that would conflict with CYTOVIA’s granting rights to PINT with respect thereto. During such period, PINT shall have an opportunity to make a proposal for continuing discussions with respect to such matters. For the avoidance of doubt, the sole purpose of the rights granted under this Section 3.1(e) shall be to give PINT an opportunity to initiate discussions with CYTOVIA with respect to such matters, and neither Party shall be obligated to enter into any agreement or any amendment of this Agreement with respect to such matters, and will be bound only by a written agreement or amendment duly signed on its behalf by an authorized officer.
Sample 1
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