Common use of Limitations on Termination Remedy Clause in Contracts

Limitations on Termination Remedy. (a) Notwithstanding anything herein to the contrary, in the event that: (A) Ambrx terminates, or has the right to terminate, this Agreement pursuant to Section 13.3 or 13.4(a)(i) with respect to a Product in the U.S., the Major European Countries and Japan, then Ambrx shall have the right to terminate this Agreement with respect to such Product in the entire Territory, (B) Ambrx shall not have the right to terminate this Agreement pursuant to Section 13.3 or 13.4(a)(i) with respect to any Major European Country (or any other country in the EU) unless and until Ambrx has such right to terminate this Agreement pursuant to Section 13.3 or 13.4(a)(i) with respect to such Product with respect to any three or more Major European Countries, and (C) Ambrx has the right to terminate this Agreement pursuant to Section 13.3 or 13.4(a)(i) with respect to such Product with respect to any three (3) or more Major European Countries, then Ambrx shall have the right to terminate this Agreement with respect to such Product in all of the EU.

Limitations on Termination Remedy. (a) Notwithstanding anything herein to the contrary, in the event that: (A) Ambrx Exscientia terminates, or has the right to terminate, this Agreement pursuant to Section 13.3 or 13.4(a)(i) with respect to a Product Collaboration Target in the U.S., all of the Major European Countries and JapanMarkets, then Ambrx Exscientia shall have the right to terminate this Agreement with respect to such Product Collaboration Target in the entire Territory, (B) Ambrx Exscientia shall not have the right to terminate this Agreement pursuant to Section 13.3 or 13.4(a)(i) with respect to any Major European Country (or any other country in the EU) unless and until Ambrx Exscientia has such right to terminate this Agreement pursuant to Section 13.3 or 13.4(a)(i) with respect to such Product Collaboration Target with respect to any three or more Major European Countries, and (C) Ambrx Exscientia has the right to terminate this Agreement pursuant to Section 13.3 or 13.4(a)(i) with respect to such Product Collaboration Target with respect to any three (3) or more Major European Countries, then Ambrx Exscientia shall have the right to terminate this Agreement with respect to such Product Collaboration Target in all of the EU.