Termination of Development Program Clause Samples

Termination of Development Program. Except with respect to Section 3.3 of the Sublicense Agreement, which is hereby amended and restated to read as follows, and Section
Termination of Development Program. Notwithstanding anything to the contrary in this Agreement, if (a) prior to or on ***, each of the Milestones of the Project Plan is not successfully completed on or before its scheduled date, or (b) the specification(s) for each of the Next Generation Travan Drives set forth in EXHIBIT A are not completed, in the reasonable discretion of Overland, by ***, then Tecmar acknowledges and agrees that Overland may, in its sole discretion, terminate the Development Program at any such time by delivery of fifteen (15) calendar days prior written notice of termination to Tecmar . THIS EXHIBIT HAS BEEN REDACTED AND IS THE SUBJECT OF A CONFIDENTIAL TREATMENT REQUEST. REDACTED MATERIAL IS MARKED WITH A *** AND HAS BEEN FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION.
Termination of Development Program. Amylin shall have the right to terminate the Development Program either with or without cause at any time on ninety (90) days prior written notice; provided, however, that termination of the Development Program shall not [*CONFIDENTIAL TREATMENT HAS BEEN REQUESTED AS TO CERTAIN PORTIONS OF THIS DOCUMENT. EACH SUCH PORTION, WHICH HAS BEEN OMITTED HEREIN AND REPLACED WITH A SERIES OF THREE ASTERISKS IN BRACKETS [***], HAS BEEN FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION.] constitute termination of this Agreement in the absence of a separate written notice of termination of this Agreement duly given in accordance with Article 9 hereof.
Termination of Development Program