definiens: means, on a Co - Co Product - by - Co - Co Product and country - by - country basis, that ( a ) Joun ce, [COMPANY] or any of their Affiliates or Sublicens ees ( or sublicensee as permitted under this Jounce Lead Co- Co Agreement or the Master Collaboration Agreement, in the case of Jounce ) has been granted the exclusive legal right by a Regulatory Authority ( or is otherw ise entitled to the exclusive legal right by operation of Law ) i n such country to market and sell the Co - Co Product or the active ingredient or active 4 CERTAIN CONFIDENTIAL PORTIONS OF THIS EXHIBIT WERE OMITTED AND REPLACED WITH . A COMPLETE VERSION OF THIS EXHIBIT HAS BEE N FILED SEPARATELY WITH THE SECRETARY OF THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO AN APPLICATION REQUESTING CONFIDENTIAL TREATMENT PURSU ANT TO RULE 406 PROMULGATED UNDER THE SECURITIES ACT OF 1933, AS AM ENDED