Replacement Collaboration Compound Clause Samples
Replacement Collaboration Compound. If the JDC (or Ortho, with respect to Ortho Development) decides to cease Development of Andarine or another Collaboration Compound that the Parties Develop in addition to Andarine and decides to Develop, instead of the Collaboration Compound for which Development was so terminated, another Collaboration Compound (a "Replacement Collaboration Compound"), Ortho shall not be obligated to make the same milestone payments for the Replacement Collaboration Compound as it already made in connection with the Collaboration Compound which was replaced, and shall only be obligated to make any milestone payments for the Replacement Collaboration Compound that were not made for the Collaboration Compound that was replaced by such Replacement Collaboration Compound. It is understood that in no event shall Ortho be obligated to make the payment due pursuant to this Section 3.2 on any milestone more than once with respect to the same Collaboration Compound (or its "Replacement Collaboration Compound") regardless of the number of different forms or formulations of the Collaboration Compound that are developed[ * ].
