definiens: means any and all Patents to the extent Controlle d by Precision or any of its Affiliates ( a ) as of the Effective Date or at any t ime during the Collaboration Term and resulting fro m the conduct of the Collaboration Program, in each case that are necessary or reasonably useful for the Exp loitation of any Licensed Product or any [COMPANY] ARC Nuclease ; ( b ) at any time during the Term that cover or clai m Precision Know - How ; or ( c ) at any time during the T erm that cover or claim any Licensed Product or Gil ead ARC Nuclease or are necessary for the Exploitation of Licensed Products or [COMPANY] ARC Nucleases, in th e case of Licensed Products under this clause ( c ) in the f orm in which such Licensed Products exist as of the end of the Collaboration Term ( and including any Regulatory Au thority - required modifications made thereto after t he Collaboration Term ) and in any form supplied under the Supply Agreement but excluding in all cases of clause ( c ) any Patents that claim or cover any formulation or [ * * * ] developed or in - licensed by Precision or its Affiliates after the Effective Date outside the Col laboration Program unless such Patent is a Formulation and Delivery Combination Patent, in which case only cla ims that cover the use, composition or production o f such formulation or [ * * * ] apart from the combination sha ll be excluded ; and in each of cases ( a ) through ( c ), including the Precision Existing Patents, but exclu ding any Joint Collaboration Program Patents, ARCUS Patents and any [ * * * ]