This Agreement shall become effective on the Effective Date. Unless earlier terminated in accordance with this Agreement, this Agreement shall expire [*] ([*]) years from the first sale of the 0.3mg Product by Watson or its Affiliate or sub-licensee in the Territory (the “ Initial Term ”). The term of this Agreement shall be automatically extended for additional [*] ([*]) year terms (each a “ Renewal Term ” and together with the Initial Term, collectively referred to herein as the “ Term ”), unless either Party notifies the other, in writing, that it will not extend the applicable Term and such notice is delivered no later than one (1) year prior to the expiration of the Initial Term or the then-current Renewal Term (as applicable).