Common use of Effective Time and Termination Clause in Contracts

Effective Time and Termination. This Agreement shall become effective upon the time of purchase of the Firm Shares, as defined in the Underwriting Agreement, by and among ICN, Ribapharm and the underwriters named therein relating to the IPO and shall terminate upon the earlier to occur of (a) seven (7) years after the date hereof, and (b) the date the number of Registrable Securities then outstanding first represents less than 20% of the number of Registrable Securities outstanding on the date hereof.

Effective Time and Termination. This Agreement shall become effective upon the time of purchase of the Firm Shares, as defined in the Underwriting Agreement, by and among ICN, Ribapharm and the underwriters named therein therein, dated , 2002 relating to the IPO and shall terminate upon the earlier to occur of (a) seven (7) years after the date hereof, and (b) the date the number of Registrable Securities then outstanding first represents less than 20% of the number of Registrable Securities outstanding on the date hereof.

Effective Time and Termination. This Agreement shall become effective upon the time of purchase of the Firm Shares, as defined in the Underwriting Agreement, by and among ICN, Ribapharm the Company and the underwriters named therein relating to the IPO and shall terminate upon the earlier to occur of (a) seven (7) years after the date hereof, and (b) the date the number of Registrable Securities then outstanding first represents less than 20% of the number of Registrable Securities shares of Common Stock of the Company outstanding on the date hereof.