Common use of Project Leaders Clause in Contracts

Project Leaders. APSA and Targacept shall each appoint one or more persons to coordinate their respective activities under the Research (“Project Leaders”). In advance of each meeting of the ERC, the Project Leaders shall prepare and distribute to each member of the ERC a written report which shall (a) evaluate the work performed under the Research in relation to the goals of such program, and (b) state any recommendation of the Project Leaders to modify, alter the resources of, or revise the priorities of, the Research.

Project Leaders. APSA Aventis and Targacept shall each appoint one or more persons to coordinate their respective activities under the Research (“Project Leaders”). In advance of each meeting of the ERCARC, the Project Leaders shall use their best efforts to prepare and distribute to each member of the ERC ARC a written report which shall (ai) evaluate the work performed under the Research in relation to the goals of such program, and (bii) state any recommendation of the Project Leaders to modify, alter the resources of, of or revise the priorities of, of the Research.