Common use of Most Favored Customer Status Clause in Contracts

Most Favored Customer Status. Vendor shall not sell Materials in substantially similar or smaller quantities to other purchasers during the Term on terms (including pricing) more favorable than those given to Oplink pursuant to this Agreement. In the event that Vendor decides to offer Materials to another purchaser on terms more favorable than those given to Oplink hereunder, then Vendor shall offer Materials to Oplink on terms and conditions at least as favorable as those offered to the other purchaser. In the event that Vendor develops any new products like the Materials sold hereunder, but with improved or enhanced performance characteristics, Vendor will make those new products available to Oplink on terms to be negotiated, but subject to the same "most favored customer" conditions described above.