Common use of Initial Two Years Clause in Contracts

Initial Two Years. During the first two (2) years of the Research Program the Parties shall conduct research pursuant to the Research Plan with the goal of evaluating whether any Product Configuration may be useful for the treatment of any clinical indication(s) selected by the Executive Committee. It is understood and agreed that during the first two (2) years of the Research Program at a minimum the Parties shall seek to develop Collaboration Products for the treatment of coronary artery disease ("CAD") and peripheral vascular disease ("PVD") in humans.

Initial Two Years. During the first two (2) years of the ----------------- Research Program the Parties shall conduct research pursuant to the Research Plan with the goal of evaluating whether any Product Configuration may be useful for the treatment of any clinical indication(s) selected by the Executive Committee. It is understood and agreed that during the first two (2) years of the Research Program at a minimum the Parties shall seek to develop Collaboration Products for the treatment of coronary artery disease ("CAD") and peripheral vascular disease ("PVD") in humans.