Common use of Term and Extension Clause in Contracts

Term and Extension. 7.1 This exclusive License shall continue until the expiration of the last to expire of any patents under PATENT RIGHTS.

Term and Extension. 7.1 6.1 This exclusive License shall continue until the expiration of the last to expire of any patents under PATENT RIGHTS, or for ten (10) years after date of execution of this Agreement in the event no patent issues.