Development of Products. Rockford and Path will cooperate to improve existing Products and develop new Products that will satisfy the needs of Rockford's Dealers, and their customers. Path is principally responsible for development of (*) CONFIDENTIAL TREATMENT REQUESTED. CONFIDENTIAL MATERIAL HAS BEEN REDACTED AND FILED SEPARATELY WITH THE COMMISSION. 5 improvements to existing Products and new Products. Before the development of new or improved Products the parties will meet and agree upon: (a) the anticipated role of each party in development of the Product; (b) any change in the marketing and administrative fees or royalty necessary for the Product; and (c) ownership of patents, trade secrets, copyrights and other intellectual property associated with the Product (other than the Names, which will remain Rockford's exclusive property).
Appears in 2 contracts
Sources: Manufacturing and Distribution Agreement (Rockford Corp), Manufacturing and Distribution Agreement (Rockford Corp)