definiens: shall mean all compounds confirmed and selected by [COMPANY] in phase ' 1 of the Research Program, as further fipecified in Part A, Paragraph 4 of Schedule 2.1 ; provided that ( a ) prior to sending a compound to Ayalon w ; a Hit Compound [COMPANY] may designate any compound that it ha~ ; screened ( or i ! ; othenvise from its compound library ) that may otherwise be a Hit Compound, to not be a Hit Compound, in [COMPANY] 's sole discretion and for any reason ; and ( b ) at any time [COMPANY] may remove any compound from ~ * The asterisk denotes that confidential portions of this exhibit have been omitted in reliance on Rule 24b-2 of the Securities Exchange Act of J 934 . The confidential portions have been submitted separately to the Securities and Exchange Commission