Common use of New CIS Developments Clause in Contracts

New CIS Developments. Service Provider shall provide -------------------- Recipient with New CIS Developments for the Recipient Interactive Services as described in this Section 2.3(b). At the beginning of each calendar quarter, Service Provider shall conduct a technology review and provide Recipient with Service Provider's New CIS Development intentions for that quarter. Recipient shall pay Service Provider at MFN Rates for any internationalization or localization required to implement New CIS Developments for the Recipient Interactive Services in accordance with the process described in Section 2.3(d) below. Recipient acknowledges and agrees that New CIS Developments shall be deemed to be Licensed Products under the CIS License. Recipient shall have the same license rights to the New CIS Developments as those rights granted to Recipient in Section 2 of the CIS License with respect to the Licensed Products. Consistent with Service Provider's Uniform Policies regarding New CIS Developments and, subject to Section 2.2 of the CIS License, Service Provider shall exercise commercially reasonably efforts to retain and grant to Recipient all rights with respect to Third Party Product enhancements on the same terms as set forth in Section 2.2 in the CIS License.

Appears in 2 contracts

Sources: Stockholders' Agreement (America Online Latin America Inc), Stockholders' Agreement (America Online Latin America Inc)