Project Management Responsibility. MBS shall initiate the certain research and drug discovery activities to design and construct recombinant BCG vaccine that expresses one or several polypeptides derived from SARS-CoV-2 coronavirus. As set forth in this agreement, MBS is responsible for any future expenditures related to the Project. MBS at its sole election may prepare and file appropriate United States and foreign patent applications for Inventions. MBS will provide NBIO, on a confidential basis, a copy of any such application filed and any documents received or filed during prosecution thereof and will provide NBIO the opportunity to comment thereon. MBS will grant to NBIO, and NBIO will be willing to accept, an option to negotiate an exclusive, royalty- bearing license to use and otherwise exploit the certain intellectual property and technology for the prevention or treatment of COVID-19 or other coronavirus diseases on terms mutually agreed upon between the Parties.
Project Management Responsibility. NRECA shall assume full responsibility for administration, facilitation, and management of the Project as well as data oversight, technical analysis, and communications, with the Participant Cooperative agreeing to fulfill its responsibilities under a Contract. Participant Cooperative acknowledges and agrees that, unless otherwise agreed to in a Contract, NRECA shall solely and exclusively manage and perform any and all procurement and subcontracting activities relating to the Project, including, but not limited to, vendor selection, contract and purchase order negotiation, contract and purchase order signing, invoicing, and payments.
Project Management Responsibility. The Contractor shall have overall responsibility for managing and successfully performing and completing its Services, subject to the overall direction and supervision of the Office and with the participation and support of the Office of Financial Services (collectively the (Office) as specified in this Contract. The Contractor’s duties will include monitoring and reporting the Contractor's performance of its participation and support responsibilities (as well as overall project progress). The Contractor shall provide early notice to the Office if the State's failure to perform its responsibilities (as described in Exhibit 1, Statement of Work, Roles and Responsibilities and State Resources) is likely to delay the timely achievement of any Project tasks. The Contractor shall coordinate the delivery of Services with the Office’s Contract Manager.
