Chat GPT Q&A, page-436

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    Common Clauses That Trigger These Moves

    ClauseWhy It's Risky
    1“Improvements” ClausesCan force companies tolicense back any enhancementsrelated to original tech.
    2“Field of Use” AmbiguityBroad definitions (e.g. “cardioprotection” or “oncology”) may entangle unrelated future developments.
    3“Milestone Triggers on IND/Clinical Progress”Can make future trialsfinancially burdensome, even if COH didn’t contribute.
    4“Derivative Works” or “Know-How” RightsCOH may claimownership or profit shareover insights they only partially contributed to.

    Implication for Race Oncology

    If the COH agreement hadanyof the above clauses, Race:

    • Would bewise to terminate nowbefore announcing new preclinical results or signing a licensing deal;

    • Could claimnew work is completely independent, especially if they’ve developed a novel mechanism or formulation;

    • Might be preparing forlicensing or partnership disclosures, and wants a “clean IP cap table” before entering due diligence.

    Would you like me to map this reasoning into anASX-compliant investor explanation, or a hypotheticaltimeline of preclinical → IP filing → licensing deallike Gilead’s Forty Seven sequence?



    prompt what are the common clause to terminate ip under these circumstances?
 
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