Common use of Commercial Exploitation Strategy Clause in Contracts

Commercial Exploitation Strategy. The Steering Group shall hold two Special Meetings, the first twelve months prior to the end of the Project, and the second at the end of the Project, whose business shall be exclusively to discuss the potential for the commercial exploitation of the Project Deliverables and the creation of Products based on those Deliverables. At these meetings the Steering Group shall review the Deliverables, discuss the potential for exploitation and the potential for development of Products from the Deliverables, and develop a strategy for such exploitation and development.

Commercial Exploitation Strategy. The Steering Group shall hold two Special Meetings, the first twelve months prior to the end of the Project, and the second at the end of the Project, whose business shall be exclusively to discuss the potential for the commercial exploitation of the Project Deliverables and the creation of Products products based on those Deliverables. At these meetings the Steering Group shall review the Deliverables, discuss the potential for exploitation and the potential for development of Products products from the Deliverables, and develop a strategy for such exploitation and development.