definiens: Research Term " means the period commencing on January 30, 2004 ( the date that the Research Plan was Approved by the JRC ) and ending on the first to occur of ( a ) termination of this Agreement by either Party under Article 10 ; or ( b ) [ January 29, 2009 ] . [COMPANY] has the right to extend the foregoing Research Term, in its sole discretion, for [ either one ( 1 ) or two ( 2 ) additional years ], upon written notice to An - ay at least six ( 6 ) months prior to the expiration of the Research Term . Any such notice shall specify the number of [ years ] for which [COMPANY] is extending the Research Term . " 4 . As of the Amendment Date, there are three ( 3 ) Collaboration Targets ( [ AKT ], [ RAF ] and [ c ~ Met ] ) and AlTay is currently devoting, and [COMPANY] is paying for, [ forty ( 40 ) FTEs ] to perform activities under the Research Plan ( [ ten ( 10 ) ] for each Collaboration Target, pursuant to Section 2.7 of the Agreement, and an additional [ ten ( 10 ) ] that are [ allocated as determined by the JRC ] pursuant to the Letter Agreement, dated October 11,2004 )