Alternative to Termination. Notwithstanding the foregoing, in the event this Agreement (or any particular Terminated Right) may otherwise be validly terminated by Merck pursuant to Section 15.3(a), then in lieu of such termination, Merck may elect, at its option, to [***] but otherwise to continue this Agreement in force with respect to such Terminated Right.
Appears in 6 contracts
Samples: Master Collaboration and License Agreement, Master Collaboration and License Agreement, Master Collaboration and License Agreement (Moderna, Inc.)