Replacement of Collaboration Target Clause Samples

Replacement of Collaboration Target. Anything in Section 3.03(b) to the contrary notwithstanding, during the twelve month period commencing on the conclusion of the Feasibility Study, Sankyo may elect to: (i) replace a Collaboration Target with any [ * ]; or (ii) designate any [ * ]. Should Sankyo make either of the elections described above, Sankyo shall reimburse Tularik for all costs and expenses incurred by Tularik relating to each of the Current Program Targets during the period commencing on the expiration of the Feasibility Study up to and including the date of such election [ * ] in the event that [ * ] with respect to the [ * ]. In the event that Sankyo determines to designate an additional Collaboration Target pursuant to Section 3.03(c)(ii), Sankyo shall thereafter pay Tularik an amount to be agreed in good faith by the Parties for such additional Collaboration Target, along with Scientific FTE support at levels to be negotiated.