definiens: means any of the following material Development events, a summary ofwhich shall be included in any Development Report : ( a ) any material interaction and/or written correspondence betweenILDONG and any Regulatory Authority with respect to the Compound or a Product ; ( b ) any material event with respect to anyClinical Trial involving the Compound and/or a Product, including any such event that is ongoing as of the date of theapplicable Development Report, or is reasonably expected to occur or be initiated within twelve ( 12 ) months of the date ofthe applicable Development Report ; and ( c ) any material result obtained in the conduct of any Clinical Trial involving theCompound and/or a Product during the period covered by the Development Report . For purposes of clarity, all informationprovided to SUBLICENSOR with respect to Significant Development Events, shall be deemed to be Confidential Informationof ILDONG . For purposes of this definition, shall be defined as any event and/or result which have had or mayhave a significant impact on the activities and timelines defined in the Development plan of each Product