definiens: means the supportive POC Studies information outlined in this Section4.2(b ) to the extent available when the Final Data is provided by Transition to [COMPANY] : ( deleted text : specific reports to beprovided ) 14Collaboration and License Agreement 4.3 [COMPANY] ’s Rights and Obligations on Exercise of POC Option If [COMPANY] ( a ) delivers written notice to Transition in accordance with Article 4.2(a)(i ) and has paid Transition thepayment due under Articles 9.2, effective on the expiry of the POC Option Period : ( a ) [COMPANY] shall be deemed theCommercializing Party and will use Commercially Reasonable Efforts to Develop and Commercialize LicensedProducts, ( b ) Transition shall cease to conduct and fund the Development of the Licensed Product except for thosecosts already incurred by Transition prior to [COMPANY] ’s written notice to Transition, ( c ) the licenses in accordance withSections 10.1 and 10.2 will be terminated, ( d ) Transition shall transfer to [COMPANY] as soon as practicable, all TransitionKnow - How, regulatory materials, ownership of any regulatory submissions, and other information necessary toDevelop the Lead Compounds so as to permit [COMPANY] to continue Development efforts with respect to the LeadCompounds, and ( e ) Transition grants to [COMPANY] the license under Article 10.3 . In consideration of Transition’sDevelopment of the Licensed Product and the license granted to [COMPANY] in this Article 4.3 and Article 10.3, [COMPANY] shall payTransition the payments in Articles 9.3 and 9.4