Common use of Further Developments Clause in Contracts

Further Developments. The parties' project managers will meet -------------------- periodically to discuss further improvements to the Developed Software. In addition, either party may suggest additional development efforts to be undertaken regarding the Developed Software. In such instances, the parties will discuss in good faith applicable development schedules, technology contributions, allocation of expenses, ownership, and rights of use. However, neither party will be bound by any such discussions unless the parties agree in writing to amend this Agreement or to enter into a new agreement regarding such additional development work.