Common use of Termination by RBS Clause in Contracts

Termination by RBS. 5.10.2.1 Failure to Establish HTS. RBS will have the option to terminate the Research Collaboration if an HTS for the CKR-3 receptor-based assay cannot be established at RBS. In the event RBS elects not to terminate the Research Collaboration as provided herein, the Research Plan and the level of Research Funding will be re-evaluated given the change in the focus and intent of the Research Collaboration.