Common use of Exclusive Dealings Clause in Contracts

Exclusive Dealings. In consideration of the efforts and costs required to complete the Transaction, FD and BIOCERES will not, from the Signing Date until the earlier of (i) expiration of one year term counted as from the Signing Date, or (ii) termination of negotiations by the Parties relating to the Transaction, directly or indirectly, through any representative or otherwise, solicit or entertain offers from, negotiate with or in any manner encourage, discuss, accept, or consider any proposal of any other person relating to the Transaction or any other transaction of substantially similar scope and subject matter. In particular, BIOCERES shall not develop its proprietary technologies in wheat germplasm other than its own germplasm or XX xxxxx germplasm until the date of termination of this Agreement according to article 7.2 of this Agreement. BIOCERES is allowed to develop its proprietary technologies in species others than wheat. Subject to the ADP Agreement, FD (1) shall not give access to its wheat germplasm for the Territory to Third Parties and (2) shall grant exclusivity to the Company for the development of XX xxxxx lines in the Territory. Regarding the ADP Agreement and the Territory of Uruguay, Parties will do their best efforts to have the Company assume the rights and obligations of FD in the ADP contract. From the date of such takeover, “Territory” as defined above shall include Uruguay.