Products Under Development Clause Samples

The "Products Under Development" clause defines how products that are not yet commercially available or finalized are treated within the agreement. It typically outlines the parties' rights and obligations regarding access to, use of, or information about such products, and may specify whether these products are included in the scope of the contract or subject to separate terms. This clause helps manage expectations and reduces disputes by clarifying the status and handling of products that are still in the development phase.
Products Under Development. “Products Under Development” shall mean the products currently under development and subject to current clinical trials set forth on Schedule A attached hereto.
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Products Under Development. All Revenue generated from the sale of products currently under development by the Company (“Products Under Development”) and Derivative Products of Products Under Development (as hereinafter defined) by the Purchaser, the Sub or any Affiliate thereof, including, without limitation, those listed below (under any product name whatsoever): Class 3 Tags and Reader (***) ***Products *** CONFIDENTIAL MATERIAL REDACTED PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT AND SEPARATELY FILED WITH THE SECURITIES AND EXCHANGE COMMISSION. IR 2000 IR 2500 SR 2000 RM 2000 DR 2000 DP 2000 In addition, Revenue shall be increased by software, application software and software license fees associated with the Products Under Development and Derivative Products of Products Under Development.
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Related to Products Under Development

  • Career Development The City and the Union agree that employee career growth can be beneficial to both the City and the affected employee. As such, consistent with training needs identified by the City and the financial resources appropriated therefore by the City, the City shall provide educational and training opportunities for employee career growth. Each employee shall be responsible for utilizing those training and educational opportunities made available by the City or other institutions for the self- development effort needed to achieve personal career goals.

  • Supplier Development lf the Buyer identifies problems in supplier performance based on supplier monitoring, he shall initiate improvement measures at the Supplier. The Buyer shall pursue the possibilities of continuous improvement of the Supplier. The supplier audit is a form of supplier development; the exchange of information and experience between the Buyer and the Supplier also serves this purpose.

  • Particular Methods of Procurement of Goods and Works International Competitive Bidding. Goods and works shall be procured under contracts awarded on the basis of International Competitive Bidding.

  • DEVELOPMENT OR ASSISTANCE IN DEVELOPMENT OF SPECIFICATIONS REQUIREMENTS/ STATEMENTS OF WORK

  • Development Within twenty (20) Working Days after the Commencement Date and in accordance with paragraphs 3.10 to 3.12 (Amendment and Revision), the Contractor will prepare and deliver to the Authority for approval the full and final Security Plan which will be based on the draft Security Plan set out in Appendix B.