Research Period

Research Period. Shall mean a period of 12 months commencing upon payment of the first installment of research funding by the Company in accordance with Section 2.2 herein.

Research Period. Shall mean the period commencing on the Effective Date and continuing through December 31, 2003.

Research Period. The period commencing on the Effective Date and continuing until June 30, 2004.

Research Period. Means a period (a) commencing on and (b) ending 12 months thereafter, which period may be subsequently extended on a yearly basis by mutual consent of the parties in writing, subject to the approval of the Board of Directors of Licensee, Licensee's then current work plans and needs and agreement by the parties on an expansion to the Research Plan and appropriate funding.