Common use of Notice to Monsanto Clause in Contracts

Notice to Monsanto. During the Exclusivity Period, with respect to each Internal Independent Discovery Round, Evogene shall notify Monsanto of each of the following stages: (1) Prior to the initiation of any such Internal Independent Discovery Round; (2) Upon identification of the Evogene Non-Project Hits identified under such Internal Independent Discovery Round and the filing of a patent application with respect to such Evogene Non-Project Hits; and (3) Semi-annually during each Collaboration Year following stage (2) above occurring during the Exclusivity Period, in which Evogene obtains Core Validation or Model Plant Validation results in accordance with the terms hereof, if any, in respect of the Evogene Non-Project Hits identified through such Internal Independent Discovery Round.