Additional Covered Products Clause Samples

Additional Covered Products. If the Company develops additional Products (“Additional Products”) at any time during the Term, it will give timely written notice to the Distributor in each instance, describing the Additional Product in reasonable detail, including its regulatory status, and specifying the projected launch date and the offered terms to the Distributor here under. The Distributor may add the Additional Product to the Appointment as a Covered Product for purchase from the Company on the offered terms and subject to the conditions set forth in this Agreement and Schedule A shall be deemed to be amended accordingly for all purposes of this Agreement.
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Additional Covered Products. If the Company develops additional Products (other than its ActiPatch Models) for sale to the Custom Foot Orthotic ("Additional Products") at any time during the Term, it will give timely written notice to the Distributor in each instance, describing the Additional Product in reasonable detail, including its regulatory status, and specifying the projected launch date and the offered price per unit to the Distributor. The Distributor shall have a right of first refusal to add the Additional Product to the Appointment as a Covered Product for purchase from the Company at the offered price per unit on the terms and conditions set forth in this Agreement. If the Distributor exercises the foregoing right of first refusal for a particular Additional Product within thirty (30) days after notice from the Company, that Product shall thereafter be added to the Appointment, and Schedule A shall be deemed to be amended accordingly for all purposes of this Agreement. If the Distributor fails to exercise the foregoing right of first refusal for a particular Additional Product within thirty (30) days after notice from the Company or if the Parties are unable to agree on any unresolved terms of the Appointment for that Product within forty-five (45) days thereafter, the Company may implement alternative distribution arrangements for the Product on terms no less favorable to the Company than the terms offered to the Distributor.
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Related to Additional Covered Products

  • Purchase Order Pricing/Product Deviation If a deviation of pricing/product on a Purchase Order or contract modification occurs between the Vendor and the TIPS Member, TIPS must be notified within five (5) business days of receipt of change order. TIPS reserves the right to terminate this agreement for cause or no cause for convenience with a thirty (30) days prior written notice. Termination for convenience is conditionally required under Federal Regulations 2 CFR part 200 if the customer is using federal funds for the procurement. All purchase orders presented to the Vendor, but not fulfilled by the Vendor, by a TIPS Member prior to the actual termination of this agreement shall be honored at the option of the TIPS Member. The awarded Vendor may terminate the agreement with ninety (90) days prior written notice to TIPS ▇▇▇▇ ▇▇ ▇▇▇ ▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇, ▇▇▇▇▇ ▇▇▇▇▇. The vendor will be paid for goods and services delivered prior to the termination provided that the goods and services were delivered in accordance with the terms and conditions of the terminated agreement. This termination clause does not affect the sales agreements executed by the Vendor and the TIPS Member customer pursuant to this agreement. TIPS Members may negotiate a termination for convenience clause that meets the needs of the transaction based on applicable factors, such as funding sources or other needs. Usually, purchase orders or their equal are issued by participating TIPS Member to the awarded vendor and should indicate on the order that the purchase is per the applicable TIPS Agreement Number. Orders are typically emailed to TIPS at ▇▇▇▇▇▇@▇▇▇▇-▇▇▇.▇▇▇. • Awarded Vendor delivers goods/services directly to the participating member. • Awarded Vendor invoices the participating TIPS Member directly. • Awarded Vendor receives payment directly from the participating member. • Fees are due to TIPS upon payment by the Member to the Vendor. Vendor agrees to pay the participation fee to TIPS for all Agreement sales upon receipt of payment including partial payment, from the Member Entity or as otherwise agreed by TIPS in writing and signed by an authorized signatory of TIPS.