Example ContractsClausesclinical studiesVariants
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In addition to the rights set for in [Section 13.2.2], solely in the case of a Change in Control of that occurs after having completed all Initial Development Activities but before having completed any Clinical Studies as referred to in [Sections 3.1.4 or 3.1.7]7], respectively, shall have the right, in its sole discretion, to either require the Change in Control party to # promptly transfer such ongoing Clinical Studies to , or # promptly wind down and terminate such ongoing Clinical Studies in a manner that is permitted under Applicable Law.

In addition to the rights set for in [Section 13.2.2], solely in the caseevent of a Change in Control of that occurs afterprior to having completed all Initial Development Activities but before having completed any Clinical Studies as referred to in [Sections 3.1.4 or 3.1.7]7], respectively,Activities, shall have the right, in its sole discretion, to either # require the Change in Control party to complete the Initial Development Activities in accordance with the terms and conditions of this Agreement, or # promptlyassume and complete some or all of the unfinished Initial Development Activities; provided, that the Change in Control party shall be required to complete any Initial Development Activities that elects not to assume and complete. If elects to assume and complete any of the unfinished Initial Development Activities, then to the extent requested by # or the Change in Control party shall assign to any or all Third Party agreements relating to such Initial Development Activities (including agreements with contract research organizations, clinical sites, investigators and manufacturing providers), and # shall use Commercially Reasonable Efforts to perform the unfinished Initial Development Activities that has elected to assume and complete under this [Section 13.2.2]. In the event elects to assume any unfinished Initial Development Activities that involve Clinical Studies, or the Change in Control party shall either transfer Control of such ongoing Clinical Studies to organization" data-ad-field-json='{"name":"Organization A","type":"organization","canGuess":{"name":false,"type":false}}'>​,Organization_ or # promptly wind downits designee and terminatecooperate with to ensure a smooth and orderly transition thereof that will not involve any delay or disruption of such ongoing Clinical Studies in a manner that is permitted under Applicable Law.Studies. […​…].

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