Common use of New Initiatives Clause in Contracts

New Initiatives. The Parties anticipate that, as long as Hallmark or the Hallmark Affiliate holds the Stock, they may, from time to time, discuss, and exchange with each other, ideas, concepts or information to be used in connection with the creation or development of possible future initiatives, ventures, products or services, not contemplated by this Agreement. The Parties agree that this Agreement is in no way intended to limit such discussions or exchanges and that such ideas, concepts or information referred to in the previous sentence shall, without limitation, constitute Confidential Information (as hereinafter defined).

Appears in 2 contracts

Sources: Investment Agreement (Women Com Networks Inc), Investment Agreement (Women Com Networks Inc)