Common use of Consequences of Termination Post-Option Exercise Date Clause in Contracts

Consequences of Termination Post-Option Exercise Date. If Novartis terminates this Agreement pursuant to Section 14.3.1(a) after the Option Exercise Date, the Program Transfer Provisions will apply.

Consequences of Termination Post-Option Exercise Date. If Novartis Xxxxx terminates this Agreement pursuant to Section 14.3.1(a) 14.2.1 or Section 14.2.3 after the Option Exercise Date, the License granted to Novartis, and any other rights granted by Xxxxx hereunder, will automatically terminate and the following obligations will apply (the “Program Transfer Provisions will apply.Provisions”):