Determination Not to Commercialize Sample Clauses
Determination Not to Commercialize. If during the Term GALDERMA decides not to Commercialize a country in the Territory that is in the Initial Marketing Territory or that has been approved for Commercialization by the Steering Committee and provides written notice of such decision to ANIKA, GALDERMA’s right to market and distribute Licensed Products in such country shall immediately terminate for use in such country, all trademarks assigned to GALDERMA pursuant to Article V shall be reassigned to ANIKA at no cost, and ANIKA shall be free to market and distribute Licensed Products in such country or to license such rights to do so to any Third Party. The termination of marketing and distribution rights pursuant to this Section 3.4 shall not be ANIKA’s exclusive remedy for GALDERMA’s failure to Commercialize any such country.
