Common use of Ownership of Regulatory Filings and Approvals Clause in Contracts

Ownership of Regulatory Filings and Approvals. Subject to the terms of the License Agreements, the Company will own and undertake all measures required to obtain and maintain Regulatory Approvals in any country or countries and the Board will determine who will own all regulatory filings and Regulatory Approvals for the Xxxxxxxxx Compounds and Products in any other jurisdictions.