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Under paragraph 1.9, headlined “Best Reasonable Efforts means”, it says:
(a) in the case of AstraZeneca, the activities and degree of effort that a company of similar size with a similarly-sized infrastructure and similar resources as AstraZenece would undertake or use in the development and manufacture of a Vaccine at the relevant stage of development or commercialization having regard to the urgent need for a Vaccine to end a global pandemic which is resulting in serious public health issues, restrictions on personal freedoms and economic impact, across the world but taking into account efficacy and safety; and
(b) in the case of the Commission and the Participating Memeber States, the activities and degree of effort that government would undertake or use in supporting their contractor in the development of the Vaccine having regard to the urgent need for a Vaccine to end a global pandemic which is resulting in serious public health issues, restrictions on personal freedoms and economic impact, across the world.
This from the New York Times’ Matina Stevis-Gridneff:
Page 40 annex of Schedule totally redacted, can’t see volumes of promised deliveries.
The definition of “best reasonable effort” is laid out in the contract preamble paragraph 1.9 page 3 of the pdf. Let’s get lawyers to opine on the kind of cover it provides to the company and if it matches what its CEO says it does.
For those who asked yesterday, the contract is under Belgian law. See PDF page 32 paragraph 18.4
