Extension of Research Term. The Parties may mutually agree in writing to further extend the Research Program for one (1) or more additional years on terms and conditions to be mutually agreed.
Extension of Research Term. [*] ([*]) days prior to the expiration of the initial Research Term, the JRC shall discuss the possibility of extending the Research Program and correspondingly the Research Term. In such event, if the Parties do not reach agreement on an extension of the Research Term prior to the expiration of the initial Research Term, then the expiration date for the initial Research Team will be extended for [*] ([*]) days, in order to continue negotiation of the terms and conditions for an extension of the Research Term, if any.
Extension of Research Term. Amerimmune may, at its election and after discussing in the JDC, as long as both parties are in mutual agreement, extend the Research Term for up to three (3) one (1) year extension periods (each being a “Research Term Extension”, and each to run consecutively after the end of the then-current Research Term) by giving notice to Amerimmune of each such election at least thirty (30) days prior to the expiration of the then-current Research Term.
Extension of Research Term. Celgene may, at its election, extend the Research Term for a two (2) year extension period (to run consecutively after the end of the then-current Research Term) by giving notice to Vividion of such election at least [***] days prior to the expiration of the then-existing Research Term and by paying the Research Term Extension Fee as set forth in Section 6.3.
Extension of Research Term. AZ shall have the right to extend the Research Term on an annual basis for up to [ * ]. To exercise such option, AZ shall so notify Array in writing at least three (3) months prior to the expiration of the Research Term (including any extensions thereof in accordance with this Section 2.7) and the Parties shall enter into good faith discussions as to the required number of Array FTEs for such extension of the Research Term. All such Array FTEs shall be funded by AZ at the FTE rate established under Section 6.2.1 below.
Extension of Research Term. With the written agreement of the --------------------------- parties, the Research Term may be extended for up to two (2) years following the Initial Term. If it wishes to extend the Research Term, BMS must notify Pharmacopeia in writing at least six (6) months prior to the then current expiration date for the Research Term. If BMS so notifies Pharmacopeia, the parties shall negotiate in good faith the terms of any such extension.
Extension of Research Term. The parties may mutually agree to extend the Research Term beyond the end of the Initial Research Term for an additional eighteen (18) month period, during which time Daiichi-Sankyo shall fund at least [ * ] FTEs per year at the Annual FTE Rate(s) to be agreed upon by the parties and such FTEs shall either: (a) create and test [ * ]; or (b) develop [ * ] that are effective in [ * ] as a result of their [ * ] and that have [ * ]. If the Parties intend to so extend the Research Term, then at least thirty (30) days prior to the end of the Initial Research Term, the Parties shall agree upon a written Research Plan that covers the extension period and specifies the applicable Annual FTE Rate(s) and shall amend this Collaboration Agreement as necessary including, if applicable, to clarify each Party’s rights and obligations with respect to the [ * ] and the [ * ] discovered or developed through the use of such [ * ].”
Extension of Research Term. (a) By written notice to PTC given at least [**] prior to the expiration of the Initial Research Term, Schering may extend the Research Term for an additional year. In the event that Schering has elected to extend the Research Term for an additional year, then, by written notice to PTC given at least [**] prior to the then scheduled expiration of the Research Term, Schering may extend the Research Term for a further additional year, subject to PTC's written consent within [**] of receipt of Schering's notice, such consent not to be unreasonably withheld or delayed. Any period during which the Research Term has been extended beyond the Initial Research Term pursuant to this Section 2.8 is referred to herein as the "Extended Research Term".
(b) During the Extended Research Term, the JSC shall propose a revised Research Plan (the "Extended Research Plan"), which shall specify the number of FTEs to be contributed by PTC and funded by Schering and the specific Research activities to be performed by PTC during such period; provided, however, that (i) PTC shall not be required to perform a level of chemical optimization or biological or pharmacological characterization activities that cannot reasonably be accomplished by the number of FTEs to be funded by Schering, and (ii) PTC shall not be required to perform activities that are not related to chemical optimization or biological/pharmacological characterization of Collaboration Compounds without PTC's consent.
Extension of Research Term. The Parties may mutually agree to extend the Research Term beyond the end of the Initial Research Term for an additional two (2) year period, during which time Sankyo shall fund at least [ * ] FTEs per year at the Annual FTE Rate(s) to be agreed upon by the Parties and such FTEs shall either: (a) [ * ]; or (b) develop [ * ]. If the Parties intend to so extend the Research Term, then at least [ * ] prior to the end of the Initial Research Period, the Parties shall agree upon a written Research Plan that covers such extension period and specifies the applicable Annual FTE Rate(s) and shall amend this Agreement as necessary including, if applicable, to clarify each Parties’ rights and obligations with respect to the [ * ] and [ * ].
Extension of Research Term. Article 2.
