Common use of Target Notices Clause in Contracts

Target Notices. If (i) Omega desires to add or remove a Target from the Reserved Target List, or (ii) Omega desires to exercise an Option for a Licensed Product, Omega will notify the Escrow Agent in writing of the same. Such notice will identify as applicable, in addition to the information relating to such proposed Targets set forth on the form of Target Notice attached hereto as Exhibit 4.2, (A) in the case of clause (i) above, whether Omega wishes to non-exclusively reserve such Target or remove such Target from the Reserved Target List, (B) in the case of clause (ii) above, if Omega wishes to exercise an Option (each such notice, a “Target Notice”). Each Target Notice will specify the Omega Controller(s) and the Human Genome Target(s) that each Omega Controller is designed to Genome Modulate. No Target will include more than [***] ([***]) Human Genome Targets.

Target Notices. If (i) Omega Verve desires to add or remove a Target from the Reserved Target List, or (ii) Omega Verve desires to exercise an Option for a Licensed Product, Omega Verve will notify the Escrow Agent in writing of the same. Such notice will identify as applicable, in addition to the information relating to such proposed Targets set forth on the form of Target Notice attached hereto as Exhibit 4.2, 4.2 (AI) in the case of clause (i) above, whether Omega Verve wishes to non-exclusively reserve such Target or remove such Target from the Reserved Target List, (BII) in the case of clause (ii) above, if Omega Verve wishes to exercise an Option Option, and if so, the information required under Section 5.2(a) (each such notice, a “Target Notice”). Each Target Notice in the case of clause (I) above will specify each Target and each Target Notice in the Omega Controller(scase of clause (II) and above will specify the Human Genome Target(s) that and each Omega Controller is designed Genome Editing Protein Target and Guide RNAs associated with each Genome Editing Construct to Genome Modulate. No Target will include more than [***] ([***]) Edit such Human Genome TargetsTarget(s).