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Document Preview Joint Development and Operating Agreement |
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Title: |
Joint Development and Operating Agreement |
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Entities: |
Bank of Ireland; DOV Pharmaceutical, Inc.; Elan Corp., plc; Nascime Ltd. |
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Date: |
2002 |
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Size: |
Preview shows 5KB of 172KB total |
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Price: |
$56 |
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ID: |
#303439 |
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JOINT DEVELOPMENT AND OPERATING AGREEMENT
ELAN CORPORATION, PLC
AND
ELAN INTERNATIONAL SERVICES, LTD.
AND
DOV PHARMACEUTICAL, INC.
AND
DOV NEWCO, LTD.
AND
NASCIME LIMITED
1
{Page}
TABLE OF CONTENTS
CLAUSE PAGE
1. Definitions.............................................................4
2. The Business of the Company and Nascime................................10
3. Memorandum and Articles of Association.................................11
4. Representation and Warranties..........................................11
5. Completion.............................................................16
6. Subscriptions and Additional Financing.................................18
7. Directors..............................................................23
8. Direction of Research and Development..................................24
9. The Business Plan and Reviews..........................................27
10. Property Ownership Rights..............................................27
11. Patent Rights..........................................................29
12. Exploitation of Products...............................................33
12.A Regulatory Approvals....................................................34
13. Non-Competition........................................................35
14. Technical Services and Assistance......................................36
15. Manufacturing and Supply Arrangements..................................37
16. Auditors; Bankers; Registered Office; Accounting
Reference Date; Secretary; Counsel.....................................38
17. Share Rights and Directors.............................................39
18. Matters Requiring Participants' Approval...............................39
19. Transfer of or Charging of Shares......................................42
20. Disputes...............................................................43
21. Termination............................................................44
22. Confidentiality........................................................47
23. Participant's Consent..................................................49
24. Participant's Bound....................................................50
25. Costs..................................................................50
26. Costs..................................................................50
2
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THIS AGREEMENT made this 21st day of January 1999
AMONG:
(1) ELAN CORPORATION, PLC, a public limited company incorporated under the
laws of Ireland, and having its registered office at Lincoln House,
Lincoln Place, Dublin 2, Ireland ("ELAN").
(2) ELAN INTERNATIONAL SERVICES, LTD., a private limited company incorporated
under the laws of Bermuda and having its registered office at Flatts,
Smiths Parish, Bermuda, FL 04 ("EIS").
(3) DOV PHARMACEUTICAL, INC., a corporation duly incorporated and validly
existing under the laws of New Jersey and having its principal place of
business One Parker Plaza, Fort Lee, New Jersey 07024, United States of
America ("DOV").
(4) DOV NEWCO, LTD., an exempted limited company incorporated under the laws
of Bermuda and having its registered office at Clarendon House, 2 Church
Street, Hamilton, Bermuda ("THE COMPANY").
(5) NASCIME LIMITED, a private limited company incorporated under the laws of
Ireland and having its registered office at 30 Herbert Street, Dublin 2
("NASCIME").
RECITALS:
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