Common use of Improved Products Clause in Contracts

Improved Products. If during the term of this Agreement and any extension ----------------- thereof, ACS develops improvements, extensions or modifications of the Products, ACS shall offer such Products containing such improvements, extensions or modifications for sale to Xerox and Xerox Affiliated Companies. If the parties hereto reach an agreement for the sale of such new or improved Products, the appropriate Exhibits and other provisions hereof will be appropriately amended. Amendments to this Agreement applicable to such Products win not result in a price adjustment for Products ordered or delivered prior to the effective date of such amendment. Prices for Products added to this Agreement by amendment will be mutually agreed to by ACS and Xerox.

Appears in 2 contracts

Sources: Product Development and Distribution Agreement (Accent Color Sciences Inc), Product Development and Distribution Agreement (Accent Color Sciences Inc)