Common use of - Term and Contingency Clause in Contracts

- Term and Contingency. The term of Phase B begins on the last day of Phase A through to the end of the term defined in Section 8.01 of the Lilly License. Entrance into Phase B is contingent on ADOLOR delivering to ▇▇▇▇▇▇▇ during the term of Phase A notice of ADOLOR’s intent to proceed with Phase B.

- Term and Contingency. The term of Phase B begins on the last day of Phase A through to the end of the term defined in Section 8.01 *Confidential Treatment Requested. Omitted portions filed with the Securities and Exchange Commission (the “Commission”). of the Lilly License. Entrance into Phase B is contingent on ADOLOR delivering to ▇▇▇▇▇▇▇ during the term of Phase A notice of ADOLOR’s intent to proceed with Phase B.