Common use of Hits; Sharing of Data Clause in Contracts

Hits; Sharing of Data. FivePrime shall conduct screening of the FivePrime Library (or a portion thereof, as determined by unanimous agreement of the Working Group) using the Screening Assays in accordance with the Research Plan to identify Hits. FivePrime shall share the molecular identity of the Hits from each Screening Assay with GSK. For clarity, a Target resulting from a Screening Assay shall not be deemed a Hit if it is a Reserved Target (subject to Section 3.4.1(d)(i)(6)) or a Third Party Target.

Appears in 4 contracts

Samples: Collaboration and License Agreement (Five Prime Therapeutics Inc), And License Agreement (Five Prime Therapeutics Inc), And License Agreement (Five Prime Therapeutics Inc)

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