Common use of Excluded Territory Clause in Contracts

Excluded Territory. (a) VIDEONE acknowledges that CLIENT is already in the process of selling the WRINKLE PATCH, including without limitation in and all of the following : (i) Quality Value Channel/AKA QVC's-Q2 Network (ii) Self-Care Catalogue (b) CLIENT shall provide current historical data on sales of the WRINKLE PATCH in these areas within thirty (30) days after the first airing of the infomercial or spots. VIDEONE shall be paid the following compensation for sales generated in those areas in the following manner. (i) The compensation shall be of the Gross revenue received by CLIENT over and above the average monthly historical revenue received in the twelve months preceding the start date referred to in Section 6.4(a).

Appears in 2 contracts

Sources: Production and Management Agreement (Osmotics Corp), Production and Management Agreement (Osmotics Corp)