Research Term Extension. At least six (6) months prior to the expiration of the Initial Term, the Initial Term may be extended by GSK for a period of one (1) year from the date of the expiration of the Initial Term (such extension, the “Research Term Extension”). In the event that GSK desires to exercise the Research Term Extension, it shall [***].
Appears in 3 contracts
Samples: Commercialization Agreement, Product Development And (ChemoCentryx, Inc.), Product Development And (ChemoCentryx, Inc.)
Research Term Extension. At least six (6) months prior to the expiration of the Initial Term, the Initial Term may be extended by GSK for a period of one (1) year [***] from the date of the expiration of the Initial Term (such extension, the “Research Term Extension”). In the event that GSK desires to exercise the Research Term Extension, it shall [***].
Appears in 1 contract
