Termination for Delay. Paragon shall have the right to terminate this Agreement or a Research Program immediately upon written notice to Oruka if, as a result any action or failure to act by Oruka or its Affiliates, such Research Program or all material activities under the applicable Research Plan are suspended, discontinued or otherwise delayed for a period of four (4) consecutive months.
Appears in 2 contracts
Sources: Antibody Discovery and Option Agreement (ARCA Biopharma, Inc.), Antibody Discovery and Option Agreement (ARCA Biopharma, Inc.)