TILLOTTS Right to Manufacture after Expiration of Exclusive Sourcing Sample Clauses

TILLOTTS Right to Manufacture after Expiration of Exclusive Sourcing. The parties acknowledge and agree that, as of the Effective Date, CPP is subject to legally binding obligations regarding the exclusivity of its current source of Compound and the Licensed Formulation. Promptly after such exclusivity obligations end, the parties will negotiate an amendment to this Agreement to include a right for TILLOTTS to make and have made the Licensed Formulation. As such, CPP does not represent or warrant that TILLOTTS may obtain or qualify a second source of the Compound or the Licensed Formulation any time before the expiration of the exclusivity period referred to above. Nonetheless, promptly after the Effective Date, the parties will approach CPPs supplier and endeavor to obtain the supplier’s agreement to modify the exclusivity granted that supplier under its agreement with CPP to permit CPP and TILLOTTS to develop and qualify a second source of the Compound and the Licensed Formulation, subject to such conditions as the supplier may require. In anticipation of that possibility, the parties must incorporate into the Initial Development Plan or any then current version thereof tasks and timelines for identifying, obtaining and qualifying a second source of the Compound and Licensed Formulation in the circumstances in which CPP’s current supplier agrees to modify the exclusivity as contemplated above and in which it does not. Portions herein identified by [*****] have been omitted pursuant to a request for confidential treatment under Rule 406 of the Securities Act of 1933, as amended. A complete copy of this document has been filed separately with the Securities and Exchange Commission