Research Program Subcontracts Clause Samples
The Research Program Subcontracts clause defines the terms and conditions under which a party may engage third parties to perform portions of the research program. Typically, this clause outlines the approval process for selecting subcontractors, the standards subcontractors must meet, and the responsibilities of the primary contracting party for the work performed by subcontractors. Its core function is to ensure that any subcontracted research maintains the quality, compliance, and oversight required by the main agreement, thereby managing risk and maintaining accountability throughout the research process.
Research Program Subcontracts. With the prior approval of the Executive Committee, GenVec or Warner may enter into or modify existing agreements with Third Parties for the performance of activities in furtherance of the Research Program for which Warner will be responsible for paying in connection with the Research Program. Warner shall be responsible for directly paying to the Third Party all compensation required to be paid pursuant to such Agreement and/or for reimbursing GenVec for all expenses incurred by GenVec in connection with such agreements, including, without limitation, the out-of-pocket costs of negotiating and preparing such agreements. It is understood and agreed that Warner shall have the principal responsibility for negotiating such agreements, unless otherwise agreed by the Parties. The Party with principal responsibility for negotiating such agreements shall keep the other Party fully informed with respect to such negotiations, and such other Party shall have the right to review and comment on such agreements prior to execution, provided such review shall be conducted at such other Party's expense. Notwithstanding the above, it is understood and agreed that the prior approval of the Executive Committee shall not be required pursuant to this Section 2.2.4 with respect to GenVec's support of research at * as it relates to the Research Program, or any modification thereof (provided, it is understood that Warner's payment obligations with respect to the Research Program shall not increase as a result of any such modifications to GenVec's existing agreements with *), and Warner acknowledges that GenVec has notified Warner that GenVec is currently negotiating modifications to its existing research support agreements with *. It is understood and agreed that GenVec shall be responsible for negotiating and preparing such agreements and for paying all out-of-pocket costs incurred in connection with such activities.
Research Program Subcontracts. With the prior approval of ----------------------------- and budgeting by the Research Committee, Maxygen may enter into agreements with Third Parties for the performance of activities in furtherance of the Research Program. Zeneca shall have the right to review and comment on such agreements prior to execution, and shall have the right to veto the acceptance of the best draft achievable of such agreements. If the Research Committee approves such funding, Zeneca shall be responsible for directly paying to the Third Party all compensation required to be paid pursuant to such Agreement and/or for reimbursing Maxygen for reasonable out of pocket costs not exceeding the budget agreed by the Research Committee incurred in entering into such agreements.