Grant of Options. HFB hereby grants [[FibroGen:Organization]], on an Option Program-by-Option Program basis, the exclusive option during the Option Term for each Option Program to obtain an exclusive license to Exploit the Option Compound and Option Products that are the subject of each Option Program in the Field in the Territory (for each Option Program, a “License Option”).

Restrictions. During ​, other than with the prior written consent of # [[FibroGen:Organization]], which may be withheld in its sole discretion, HFB will not grant to any Third Party any right to Exploit any Option Compound that is the subject of such Option Program in a manner that would conflict with the License Option granted to [[FibroGen:Organization]] hereunder and # HFB, which may be withheld in its sole discretion, [[FibroGen:Organization]] and its Affiliates will not engage in any ​ that would conflict with the exclusivity set forth in Section 2.8 (Exclusivity), with respect to such Option Program or the rights granted to [[FibroGen:Organization]] if [[FibroGen:Organization]] were to exercise such License Option.