Common use of Disposal of Materials Clause in Contracts

Disposal of Materials. Upon expiration or termination of this Agreement, Sales Agent will dispose of any and all samples, instrumentation, promotional material, Confidential Information and other materials supplied by Alphatec or as to which Sales Agent owes to Alphatec a fiduciary duty of trust and care, in the specific manner set forth in this Agreement unless instructed otherwise in writing by a duly authorized officer of Alphatec. Sales Agent will offer to sell any such materials for which Alphatec has been paid by Sales Agent back to Alphatec at the original purchase price, less depreciation per schedule, and any credits and allowance applied to Sales Agent's account for the Products, or at the prices listed in Alphatec's then-current price schedule, whichever is less.

Appears in 4 contracts

Samples: Sales Agency Agreement (Alphatec Holdings, Inc.), Sales Agency Agreement (Alphatec Holdings, Inc.), Sales Agency Agreement (Alphatec Holdings, Inc.)

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