Substitute Reserved Target Sequences Clause Samples

Substitute Reserved Target Sequences. If Licensee either (i) does not elect to [***] within [***] years of the Effective Date, or (ii) elects to [***] prior to the date that is [***] years of the Effective Date, Licensee shall have the right to [***] the “Substituted Target Sequence”); provided, however, that such [***] must occur prior to the date that is [***] years after the Effective Date of this Agreement. If [***], Licensee shall be obligated to [***] with the same Prevalence under this Agreement. If a [***] for all purposes under this Agreement and Licensee shall be obligated to [***] subject to the provisions of this Agreement, and all license rights granted to Licensee and obligations of MEE in relation to [***]. [***] Certain information in this document has been omitted and filed separately with the Securities and Exchange Commission. Confidential treatment has been requested with respect to the omitted portions.