Master License may look like this one???, page-18

Unless there is a specific need for the contract to be in place by 90 days then it id a number.

Term sheets can have execution dates. But in this case will either party walk away.

Contracts will take as long as it takes to write up. The back and forth takes time. I suggest 90 days was the expected time. But you think for pg this is not the only contract that they would be working on.

Also for every point that is negotiated its a nack and forth several times before its agreed. And there are lots of points.

I recall a lawyer having to agree on which interest rate would be used if late payment. Took a week until i said does it really matter in the scheme of things.