This Project Agreement shall become effective as of the date first written above and shall continue for the later of the second anniversary of the effective date or the substantial conclusion of the Lucent quality litigation matter, such period of time being the " Initial Term ." This Project Agreement may be extended by the Company, with Consultant’s consent, for an additional one year term, such period of time being the “ Renewal Term .” The Initial Term and Renewal Term shall be referred to collectively as the “ Term .” For purposes hereof, the Lucent quality litigation matter shall be considered to be substantially concluded upon the first to occur of any of the following: (a) entry by all parties into a binding settlement agreement resolving all matters material to the litigation, (b) entry of a final, nonappealable judgment by the court having jurisdiction over the matter, (c) 90 days after conclusion to a final verdict of a trial in the matter, or (d) mutual agreement by Consultant and the Company that the matter has substantially concluded.