definiens: means, on a Co - Co Product - by - Co - Co Product basis, the budget for conducting Development of such Co - Co Product ( and corresponding Co - Co Candidate and if applicable Co - Co Diagnostic Products ) worldwide, pu rsuant to the Jounce Co - Co Development Plan, during a given Calendar Year and [ * * * ], as prepared in part by [COMPANY] ( for Co - Co Product for ROW Administratio n ) and in part by Jounce ( for Co - Co Product for U.S. A dministration ) and approved by the JSC in accordanc e with Section 2.3.6 means, on a Co - Co Product - by - Co - Co Product basis, the plan for the Development of such Co - Co Product ( and corresponding the Co - Co Candidate and if applicabl e Co - Co Diagnostic Products ) in the Territory, as prepar ed by [COMPANY] ( for Co - Co Product for ROW Administra tion ) and by Jounce ( for Co - Co Product for U.S. Administr ation ) and approved by the JSC in accordance with Section 2.3.1