definiens: shall mean Patent Rights that : ( i ) are Controlled by NGM or any of its Affiliates ( subject to Section 14.3 ) ; ( ii ) claim or cover : ( a ) the composition of matter or method of manufacture or use of an Optioned Compound, Optioned Product, Smal l Molecule Collaboration Compound or Small Molecule Product ; ( b ) NGM Know - How ; or ( c ) ( 1 ) the Optioned Target Modulated by such Optioned Compound or Optioned Product ; or ( 2 ) the Collaborat ion Target Modulated by such Small Molecule Collaboration Compound or Small Molecule Product ; a nd ( iii ) are filed as of or after the Execution Date . The NGM Patents, as of the Execution Date are set forth on Exhibit B. For the purpose of clarity, pertain to Optioned Compounds, Option ed Products, Small Molecule Collaboration Compounds, Small Molecule Products, Optioned Target s and/or Collaboration Targets, as applicable, as opposed to which pertain to NP20 1 Compounds, NP201 Products and NP201 Targets . There may be overlap between and to the extent Patent Rights satisfy both definitions