Common use of Additional Periods Clause in Contracts

Additional Periods. (a) Within * prior to the end of each Initial Term and each Additional Period (as defined below), the parties shall mutually determine in writing whether the supply of Product during any * period following the Initial Term (each an "Additional Period") shall be on an exclusive basis (i.e. a decision with respect to * must be made prior to the commencement of * and decision with respect to * must be made prior to the commencement of * (b) If any Additional Period supply arrangement is determined * then Biomatrix shall supply Wyeth exclusively and Wyeth shall purchase all of its requirements for the Product for such country from Biomatrix.

Appears in 2 contracts

Sources: Supply Agreement (Biomatrix Inc), Supply Agreement (Genzyme Corp)