Common use of Research Term Clause in Contracts

Research Term. The term of the Research Program (the “Research Term”) shall commence on the Effective Date and end on the earlier of (a) completion of the activities set forth in the Research Plan and (b) the fifth (5th) anniversary of the Effective Date. The Research Term may be extended by the Parties’ mutual written agreement.

Appears in 3 contracts

Samples: License and Collaboration Agreement (Pandion Therapeutics Holdco LLC), License and Collaboration Agreement (Pandion Therapeutics Holdco LLC), License and Collaboration Agreement (Pandion Therapeutics Holdco LLC)

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Research Term. The term of the Research Program (the “Research Term”) RESEARCH AND DEVELOPMENT PROGRAM shall commence on the Effective Date and end on shall continue, except as otherwise provided in this Agreement, for a period of one (1) year thereafter (the earlier of (a) completion of the activities set forth in “Research Term”). The parties may extend the Research Plan Term and (b) revise the fifth (5th) anniversary of the Effective Date. The Research Term may be extended budget by the Parties’ mutual written agreement.

Appears in 2 contracts

Samples: License Agreement (Coley Pharmaceutical Group, Inc.), License Agreement (Coley Pharmaceutical Group, Inc.)

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