Common use of TERM AND CANCELLATION Clause in Contracts

TERM AND CANCELLATION. (a) The term of this Agreement shall commence on the date hereof and continue until CMI delivers a Production Version of the Product, unless canceled or terminated earlier in accordance with the provisions of this Agreement ("Production Version" is defined in Paragraph 2(d)).

Appears in 2 contracts

Samples: Product Development Agreement (Computer Motion Inc), Product Development Agreement (Computer Motion Inc)

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TERM AND CANCELLATION. (a) The term of this Agreement shall commence on the date hereof and continue until CMI delivers a Production Version of the Product, unless canceled or terminated earlier in accordance with the provisions of this Agreement ("Production Version" is defined in Paragraph 2(d2(c)).

Appears in 2 contracts

Samples: Product Development Agreement (Computer Motion Inc), Product Development Agreement (Computer Motion Inc)

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