Appointment of Exclusive Supplier and Rights to Sell Products in Dade County Sample Clauses

Appointment of Exclusive Supplier and Rights to Sell Products in Dade County. MEP hereby appoints BASA, and BASA hereby accepts appointment, as MEP’s exclusive supplier in the Territory for Manufacturing Services of basalt fiber reinforced polymer reinforcing bar (rebar) and other BASA Products as may be requested by MEP through Build Schedules (collectively “Exclusive Products”) from time to time for a total value of $50,000,000 (“Contract Value”). MEP is permitted to order and BASA is permitted to supply Products that exceed the Contract Value during the Term of this Agreement. BASA agrees that MEP shall have the exclusive rights to sell BASA Products to new prospects in the Dade County for the Term of this Agreement that are not Persons and/or Affiliates of the prospects that BASA is currently in negotiations with to sell its Products as identified in Schedule 2 (collectively the “Excluded Prospects”). MEP shall not solicit or sell or interfere with the sale of Products by BASA to the Excluded Prospects. In the event MEP requires clarification or details as to the Persons identified as the Excluded Prospects and/or any of their Affiliates, then MEP shall seek written clarification from BASA and the Parties shall cooperate with each other to fully identify the Persons and/or their Affiliates included in the Excluded Prospects. At any time during the Term of this Agreement, if MEP learns that it has inadvertently or unknowingly engaged in solicitation, sale, or has interfered with the Excluded Prospects, then it shall promptly notify BASA in writing within 2 Business Days from the date of discovery of such actions and fully disclose all steps that MEP has taken to correct such prohibited activities under this Section 3.1. Except as provided herein, this Agreement does not impose any restrictions on MEP as to its ability to sell materials that are branded by MEP or as manufactured pursuant to this Agreement and there shall be no restriction on BASA to sell or manufacture any of its materials or Products to other third parties within the Territory outside of Dade County and to the Excluded Prospects within Dade County.
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Related to Appointment of Exclusive Supplier and Rights to Sell Products in Dade County

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