Common use of Termination by Lilly Clause in Contracts

Termination by Lilly. Upon any material breach of this Agreement by Company, Lilly may, at its option, terminate this Agreement upon ninety (90) days written notice to Company. Such termination shall become effective at the end of such ninety (90) day period unless Company cures such breach or violation during such ninety (90) day period.

Appears in 2 contracts

Sources: License Agreement (Leap Therapeutics, Inc.), License Agreement (Leap Therapeutics, Inc.)