Common use of Time Duration Clause in Contracts

Time Duration. 7 3.2 Second Option Payment...................................................7 3.3 Second Option Period R&D Budget.........................................7 3.4 Standstill..............................................................8 3.5 Due Diligence Investigation by RPR......................................8 3.6 Election to Proceed with the Third Option Events........................8 3.7 RPR Election to Terminate...............................................8