Initial Research Term Sample Clauses
The Initial Research Term clause defines the specific period during which the parties are obligated or permitted to conduct initial research activities under the agreement. Typically, this clause will specify a start and end date for the research phase, and may outline any conditions for extension or early termination of this period. By clearly establishing the timeframe for initial research, the clause ensures that both parties have a mutual understanding of their commitments and deadlines, thereby reducing the risk of misunderstandings or disputes regarding the duration of the research phase.
Initial Research Term. The Research Program shall commence on the Effective Date and end on the earlier of (i) the third (3rd) anniversary of the Effective Date and (ii) the termination of the Research Term pursuant to Section 11.2(a), unless extended as set forth below (the “Initial Research Term”).
Initial Research Term. The Sunesis FTE rate shall be equal to [*] U.S. Dollars ($[*]) per FTE per year during the first two (2) years of the initial Research Term. The Sunesis FTE rate during the last six (6) months of the initial Research Term shall be equal to the Sunesis FTE rate for the previous year plus a percentage increase equal to the Inflation Index.
Initial Research Term. JJPRD shall pay to Sunesis [*] U.S. dollars (US$[*]) for the first 12-months of the Research Program and [*] U.S. Dollars (US$[*]) for the second 12-months of the Research Program for the FTEs provided above.
Initial Research Term. On the Effective Date, BMS will make a research support payment to Exelixis equal to [ * ]. On or prior to the commencement of each [ * ] during the Initial Research Term, BMS will make a research support payment to Exelixis equal to [ * ]; provided that, [ * ]. All research support payments made by BMS to Exelixis hereunder shall be noncreditable and nonrefundable.
Initial Research Term. The initial term for the research collaboration will commence on the Effective Date and end upon the earliest of (a) 11:59 pm Eastern Time on the fourth (4th) anniversary of the Effective Date, (b) the effective date of termination of this Agreement in its entirety, and (c) the effective date of termination of this Agreement with respect to all Target Validation Programs and GSK CPs (the “Initial Research Term”).
Initial Research Term. The initial term of the Research Program will commence on the Effective Date and continue for a period of two (2) years, unless earlier terminated in accordance with the provisions hereof (the "Initial Research Term"). The Initial Research Term, together with any and all extensions under Section 2.1.2, 2.1.3, or 2.1.4, shall be referred to as the "Research Term."
Initial Research Term. The Research Program shall be carried out during the initial eight (8) year period following the Effective Date (“Initial Research Term”), provided that the Initial Research Term may be extended by GNE for [***] additional [***] year periods (as described in Section 3.3.2 (Research Term Extension)) by payment of the Research Term Extension Fee (as described in Section 10.2 (Research Term Extension Fee)) for each such additional [***] year period (each such [***] year time period an “Additional Research Term” and each, collectively with the Initial Research Term, the “Research Term”).
Initial Research Term. The Research Plan shall provide for a total of [*] ([*]) Sunesis FTEs during each year of the initial Research Term, such FTEs to be allocated as set forth in the Research Plan. The Sunesis FTE rate for such years shall be equal to [*] U.S. Dollars ($[*]) per FTE per month during the first [*] ([*]) years of the initial Research Term. The Sunesis FTE rate during the [*] year of the initial Research Term shall be equal to the Sunesis FTE rate for the previous year plus a percentage increase equal to the Inflation Index (as defined below).
Initial Research Term. During the Initial Research Term, Genentech shall fund [**] FTEs per year to perform activities for which Curis is responsible under the Research Plan. Unless otherwise decided by the Joint Research Committee, each year, [**] of such FTEs shall be assigned to work in the field of oncology and [**] shall be assigned to work in the field of non-oncology. Unless otherwise agreed by the Parties, each year, at least [**] of such FTEs shall be Curis employees.