Term. The maximum term of each Initial Award granted to a Non-Employee Director hereunder that is an Initial Option shall be ten (10) years from the date the Initial Option is granted.

Term. The term of this Agreement (the “Term”) will commence on the Effective Date and, unless earlier terminated in accordance with this [Article 8], will continue until all Royalty Terms for all Licensed Products have expired in all countries of the Territory.

Term. This Agreement will expire on the later of # five (5) years from the Effective Date or # the completion of all Services under the last Work Order executed by the Parties prior to the fifth anniversary of the Effective Date. The Agreement may be extended by mutual agreement of the Parties in accordance with [Section 22.5] or earlier terminated in accordance with [Sections 13.2]. or 13.3.

Term. For the avoidance of doubt, the Term of the Lease applicable to the Expansion Space will expire at ​ CT on ​, subject to ​'s renewal option as set forth in [Article 3] of the Lease.

Term. Subject to the provisions of this [Section 7], the term of this Agreement shall continue from the date of this Agreement until the end of the Agency Period, unless earlier terminated by the parties to this Agreement pursuant to this [Section 7].

The term of each Free Standing Right shall be fixed by the Administrator, but no Free Standing Right shall be exercisable more than ten (10) years after the date such right is granted.

Term. The term of this Agreement shall commence on the Effective Date and shall continue for a period of two (2) years following the Effective Date and shall be automatically renewed for successive one (1) year periods thereafter unless either party provides the other party with written notice of his or its intention not to renew this Agreement at least three (3) months prior to the expiration of the initial term or any renewal term of this Agreement. “Employment Period” shall mean the initial two (2) year term plus one (1) year renewals, if any.

Term. The renewal term of this Agreement shall be the period beginning on the Effective Date and ending on ​ unless terminated earlier pursuant to the terms of this [Section 2] (the “Renewal Term”). This Agreement may be renewed for additional terms in such duration as the parties may mutually agree (each a “Renewal Term”). Absent mutually agreed renewal, this Agreement shall automatically terminate upon the expiration of the Renewal Term. The Renewal Term is referred to collectively herein as the “Term.” Upon expiration or termination of the Term under circumstances not involving Cause, death or Disability, Executive shall remain as an independent member of the Board.

Term. The period of Executive’s employment under this Agreement shall commence on the Effective Date and shall continue until Executive’s employment with the Company is terminated pursuant to [Section 5]. The phrase “Term” as used in this Agreement shall refer to the entire period of employment of Executive by the Company.

Term. The Committee shall establish the term of each Option in the Participant’s Award Agreement. The term of an Option shall not be longer than ten (10) years from the Date of Grant, except that an Incentive Stock Option granted to a 10% Shareholder shall not have a term in excess of five (5) years. No Option may be exercised after the expiration of its term or, except as set forth in the Participant’s Award Agreement, after the termination of the Participant’s employment with the Company and/or its Affiliates.