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Title: |
Collaboration Agreement |
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Entities: |
Chase Manhattan Bank; Senesco Technologies, Inc.; Bank of New York |
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Date: |
2002 |
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Size: |
Preview shows 5KB of 64KB total |
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Price: |
$41 |
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ID: |
#326288 |
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Collaboration Agreement
between
Tilligen, Inc.
and
Senesco Technologies, Inc.
September 20, 2002
{PAGE}
THIS IS AN AGREEMENT effective September 20, 2002, ("Effective Date") by
and between Tilligen, Inc., a Washington corporation having its principal place
of business at 1000 Seneca Street, Seattle, WA 98101 ("Tilligen") and Senesco
Technologies, Inc. ("Senesco"), a Delaware corporation having a principal place
of business at 303 George Street, Suite 420, New Brunswick, NJ 08901.
Senesco has certain technologies related to controlling plant senescence by
altering the expression of plant genes and their cognate expressed proteins that
are induced during or coincident with the onset of senescence.
Tilligen has certain technologies relating to the generation and
identification of mutations in genes predictive of traits of interest.
Senesco and Tilligen are establishing a research alliance to develop and
commercialize certain improved varieties of [**] containing desirable Mutations
(hereinafter defined).
NOW, THEREFORE, in consideration of the mutual covenants and agreements
hereinafter set forth, the parties agree as follows:
1. DEFINITIONS
-----------
Terms in this Agreement defined in the singular have the same meanings when
used in the plural and vice versa. For purposes of this Agreement, the following
words and phrases shall have the following meanings:
1.1 "Affiliate" means with respect to any person or entity, any other
person or entity that directly or indirectly controls, is controlled by or is
under common control with such person or entity. A person or entity shall be
deemed to be "controlled" by any other person or entity if such other person or
entity (i) possesses, directly or indirectly, power to direct or cause the
direction of the management and policies of such person or entity whether by
contract or otherwise, (ii) has direct or indirect ownership of at least 50% (in
the aggregate) of the voting power of all outstanding shares entitled to vote at
a general election of directors of the person or entity or (iii) has direct or
indirect ownership of at least 50% of the equity interests in a partnership or a
limited liability company.
1.2 "Agreement" means this Collaboration Agreement.
1.3 "Contract Party" means a distributor, processor, packer or similar
party having a contractual relationship with Senesco ([**] in association with
its relationship with Senesco) pursuant to which Senesco ([**] in association
with its relationship with Senesco) permits such party to make, use, market,
distribute, import, sell or offer for sale any Licensed Product.
1.4 "Field" means [**] varieties of [**].
1
{PAGE}
1.5 "Gene Target" means a gene chosen by the Collaboration Managers to be
analyzed by Tilligen for Mutations as provided for in the Research Plan.
1.6 "Intellectual Property" means all patents and patent applications
owned or controlled by a party or any of its Affiliates or under which a party
has a right to practice with the right to extend such right to practice, which
contain claims, the rights to which are necessary or useful for the development,
propagation, manufacture, use, sale or distribution of Licensed Products.
Intellectual Property will also include all inventions, discoveries, know-how,
trade secrets, information, experience, technical data, formulas, procedures or
results relating to the Licensed Products and which are necessary for purposes
of performing the Research Plan (including, without limitation, physical,
chemical, biological, toxicological, and pharmacological data, product forms and
formulations, and know-how relating to methods, processes or techniques for the
development, propagation, manufacture, use, sale or distribution of Licensed
Products or related products or materials), which are held by a party or its
Affiliates with right to license or sublicense during the term of this
Agreement, and which Intellectual Property is useful or necessary for the
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