Collaboration Term. The term of Collaboration (the "COLLABORATION TERM") shall begin on the date hereof and terminate three (3) years hereafter, unless sooner terminated pursuant to Section 9.4 or Section 9.5 below. In addition, Chiron shall have the option, exercisable by written notice to Hyseq, to extend the Collaboration Term for up to two (2) additional periods of two (2) years each.
Appears in 2 contracts
Sources: Collaboration and License Agreement (Hyseq Inc), Collaboration and License Agreement (Hyseq Inc)