Research Program Term Extension Sample Clauses
Research Program Term Extension. The Research Program Term may be extended, or a new Research Program may be initiated, upon mutual written agreement of the Parties, provided that, Acucela personnel shall have the sole responsibility for performing research activities under any research plan, subject to Otsuka’s oversight and supervision of activities under any such research plan.
Research Program Term Extension. Schering may extend the Research Program Term beyond the [ *** ] period for up to [ *** ] periods by giving Corvas a sixty (60) days written notice of such extension prior to the expiration of the Research Program Term and paying research and development funding as set forth in Paragraph 2.3.