Termination Upon Discontinuing Development Sample Clauses

Termination Upon Discontinuing Development. Solely in the event that Endorcherche notifies Schering pursuant to Section 2.01 that it has determined (in its sole discretion) to terminate development efforts under this Addendum, then effective as of the date on which Schering receives such notice this Addendum shall immediately terminate in its entirety. Effective upon such termination the rights and obligations of the parties with respect to Licensed Products containing Acolbifene shall revert to and be governed by the terms and conditions of the Agreement in the same manner as if this Addendum had never existed; provided that following such termination Schering’s obligations under the Agreement to reimburse Endorecherche for development costs shall not apply to any development costs incurred by Endorecherche during the term of this Addendum.