Common use of Success Criteria Clause in Contracts

Success Criteria. NVS will propose to the JSC for review, discussion, and approval (a) a draft of the Success Criteria for [***] Candidates and the Success Criteria for Ophthalmic Candidates that Modulate the initial Ophthalmic Target, and the JSC may modify and will approve the final Success Criteria within [***] month after the Effective Date; and (b) the draft Success Criteria for Ophthalmic Candidates that Modulate [***], any other additional substituted Ophthalmic Target, or any new [***] Target, and the JSC may modify and will approve the final Success Criteria no later than [***] month after NVS’ selection of [***], such substitution Ophthalmic Target, or such new [***] Target, as applicable.

Appears in 3 contracts

Samples: Collaboration and License Agreement (Homology Medicines, Inc.), Collaboration and License Agreement (Homology Medicines, Inc.), Collaboration and License Agreement (Homology Medicines, Inc.)

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Success Criteria. NVS will propose to the JSC for review, discussion, and approval (a) a draft of the Success Criteria for [***] Sickle Cell Candidates and the Success Criteria for Ophthalmic Candidates that Modulate the initial Ophthalmic Target, and the JSC may modify and will approve the final Success Criteria within [***] month after the Effective Date; and (b) the draft Success Criteria for Ophthalmic Candidates that Modulate [***], any other additional substituted Ophthalmic Target, or any new [***] SCD Target, and the JSC may modify and will approve the final Success Criteria no later than [***] month after NVS’ selection of [***], such substitution Ophthalmic Target, or such new [***] SCD Target, as applicable.

Appears in 1 contract

Samples: Collaboration and License Agreement (Homology Medicines, Inc.)

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