Examples of Extended Research Program Term in a sentence
In the event that Merck opts to extend the Research Program Term for a second year or the Parties mutually agree to extend the Research Program Term beyond any such second year, in each case in accordance with Section 2.7, the Parties shall mutually agree upon the number of Metabasis FTEs to be devoted to the Research Program for each Calendar Year during such Extended Research Program Term, all of which shall be funded by Merck in accordance with Section 5.2.
Notwithstanding anything contained herein to the contrary, after expiration or termination of the initial Research Program Term or any Extended Research Program Term, Merck shall have the right to terminate this Agreement at any time by giving ninety (90) days advance written notice to Isis.
The term of the Research Program shall commence on the Effective Date and continue for a period of two years (the "Research Program Term"), unless (a) Merck elects in writing to extend the Research Program Term for one or more additional one-year terms (each, an "Extended Research Program Term") or (b) the Research Program is terminated prior to the end of the Research Program Term in accordance with this Agreement.
During the Research Program Term and any Extended Research Program Term, Isis shall work exclusively with Merck in the Research Field.
During the Research Program Term and any Extended Research Program Term, Transcell shall retain the right to use Transcell Intellectual Property and Interneuron shall retain the right to use Interneuron Intellectual Property (i) in the Field, solely for the purposes of performing their obligations under the Research Program and (ii) outside of the Field for any purpose, subject to Section 3.3 below.
Unless the Research Program is terminated, the parties may agree to extend the Research Program Term for (a) one or more additional one-year terms or (b) one additional term of a period of at least six (6) months but less than one (1) year (each an "Extended Research Program Term".
In accordance with Section 2.1.5.3 and the terms of the Agreement, Merck shall pay to Sutro a one-time, non-refundable, non-creditable payment for the Extended Research Program Term in the amount of US$ [*] within thirty (30) days after the Effective Date of this Amendment #2.
In circumstances where a civilian member is suspended or dismissed, that documentation shall remain permanently on the employee's personnel file.
During the Research Program Term or any Extended Research Program Term, Transcell and Interneuron shall also promptly disclose to Merck in writing on an ongoing basis all Transcell Know-How The information below marked by * and [ ] has been omitted pursuant to a request for confidential treatment.
The parties may extend the term of the Research Program by mutual written agreement ("Extended Research Program Term").