Common use of Replacement of Licensed Targets Clause in Contracts

Replacement of Licensed Targets. ADCT may, at its discretion at any time until and including [**], replace the Approved Target of any Commercial License with another Approved Target (selected in accordance with Section 2.3.1) provided that in aggregate the number of replacements for all (a) ADC Commercial Licenses shall not exceed eleven (11), and (b) Non-ADC Commercial Licenses shall not exceed ten (10).” 2. Unless they are defined in this Amendment #1, all terms used with a capital and not defined herein shall have the meaning set forth in the License Agreement. 3. All other terms and conditions of the License Agreement shall remain in full force and effect. In the event of any conflict between this Amendment #1 and the License Agreement, this Amendment #1 shall prevail. 4. This Amendment #1 shall enter into force on the Amendment Effective Date set forth above and shall be governed by English law.