Option and AlliancePeriod
31 August 2022, effective date, so we are 11 months into it
18 months from the effective date, plus a maximum 3 month extension
plus any force majeure event up to a total of 30 months
Binding Terms sheet
Option and AlliancePeriod
the period commencing on the Effective Date andending on the earlier to occur ofa) the date that is 18 months from the EffectiveDate, subject to an extension of the periodagreed under 19.3(e)(ii), plus an additionalperiod equivalent to the duration of a ForceMajeure Event which delays, prevents orotherwise interferes with the Study Program,(which period can be no longer than 9 monthsfollowing the end of the Option and AlliancePeriod, including any extensions to that period)(i.e. a total Option & Alliance Period of no morethan 30 months); and(b) the effective date of termination of this TermsSheet.
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