Common use of Plans for Later Stage Development Clause in Contracts

Plans for Later Stage Development. Concurrently with the submission and establishment of Product Plans and Budgets for the Early Stage Development to be conducted under the Early Stage Development Program in accordance with Section 3.4 above, RPRP shall submit to the Development Committee an outline of the Product Plan and Budget for Later Stage Clinical Development for each Collaboration Product in North America. Following RPRP's election to proceed with Later Stage Clinical Development of a Collaboration Product under Section 6.1 below, RPRP shall submit a reasonably detailed Product Plan and Budget for such Later Stage Development, and shall keep the Development Committee reasonably informed as to any material changes to such Product Plan and Budget. The Development Committee shall review and discuss such Product Plans and Budgets; [*].