Exclusive Products Applicable Outside Industry Sample Clauses

Exclusive Products Applicable Outside Industry. QuietPower shall receive a royalty of (i) 6% on Gross Revenues received by NCT for Exclusive Products (or products substantially similar to Exclusive Products, regardless of operating environment) sold by NCT, and (ii) 50% of the Gross Revenues received by NCT through the licensing of Exclusive Products (or products substantially similar to Exclusive Products, regardless of operating environment), outside the Industry to parties other than QuietPower, as described in Section 4.4(b) hereof. Simultaneously with its approval of the Development Schedule for an Exclusive Product applicable outside the Industry, QuietPower shall elect whether or not to obtain non-exclusive marketing rights to sell and/or license such Exclusive Product outside the Industry. If QuietPower obtains the non-exclusive marketing rights in accordance with Section 2.3 hereof, then QuietPower shall receive the royalties payable by NCT set forth in the first sentence of this Section 3.3(b) only until QuietPower has recouped out of its pre-tax profits 150% of the Funding payments relating to such Exclusive Product. If QuietPower does not obtain non-exclusive marketing rights, then QuietPower shall receive royalties payable by NCT set forth in the first sentence of this Section 3.3(b) only until QuietPower has recouped out of its pre-tax profits 300% of the Funding payments related to such Exclusive Product.
Sample 1
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Related to Exclusive Products Applicable Outside Industry

  • Non-Exclusive Services The services of the Adviser to the Trust are not deemed exclusive, and the Adviser shall be free to render similar services to others, to the extent that such service does not affect the Adviser’s ability to perform its duties and obligations hereunder.

  • Products and Services Part 2.9(a) of the Disclosure Schedule accurately identifies and describes each Company Product currently being designed, developed, manufactured, marketed, distributed, provided, licensed, or sold by the Company.

  • Competitive Products Competitive Products" means products that serve the same function as, or that could be used to replace, products the Company provided to, offered to, or was in the process of developing for a present, former, or future possible customer/partner at any time during the twelve (12) months immediately preceding the last day of Participant's employment (or at any time during Participant's employment if Participant was employed for less than 12 months), with which Participant had direct responsibility for the sale or development of such products or managing those persons responsible for the sale or development of such products.

  • Competing Products The provisions of Section 21 are set forth on attached Exhibit H and are incorporated in this Section 21 by this reference.

  • New Products You agree to comply with NASD Notice to Members 5-26 recommending best practices for reviewing new products.

  • Exclusive Services Executive shall at all times faithfully, industriously and to the best of his or her ability, experience and talent perform to the satisfaction of the Board and the CEO all of the duties that may be assigned to Executive hereunder and shall devote substantially all of his or her productive time and efforts to the performance of such duties. Subject to the terms of the Employee Confidentiality and Invention Assignment Agreement referred to in Section 5(b), this shall not preclude Executive from devoting time to personal and family investments or serving on community and civic boards, or participating in industry associations, provided such activities do not interfere with his or her duties to the Company, as determined in good faith by the CEO. Executive agrees that he or she will not join any boards, other than community and civic boards (which do not interfere with his or her duties to the Company), without the prior approval of the CEO.

  • Non-Exclusive Management Sub-Adviser, its officers, employees, and agents, may have or take the same or similar positions in specific investments for their own accounts, or for the accounts of other clients, as the Sub-Adviser does for the Fund. Adviser expressly acknowledges and understands that Sub-Adviser shall be free to render investment advice to others and that Sub-Adviser does not make its investment management services available exclusively to Adviser or the Fund. Nothing in this Agreement shall impose upon the Sub-Adviser any obligation to purchase or sell, or to recommend for purchase or sale, for the Fund any security which the Sub-Adviser, its principals, affiliates or employees, may purchase or sell for their own accounts or for the account of any other client, if in the reasonable opinion of the Sub-Adviser such investment would be unsuitable for the Fund or if the Sub-Adviser determines in the best interest of the Fund such purchase or sale would be impractical.

  • Product Marking LICENSEE agrees to xxxx the LICENSED PRODUCTs sold in the United States with all applicable United States patent numbers. All LICENSED PRODUCTs shipped to or sold in other countries shall be marked in such a manner as to conform with the patent laws and practices of the country of manufacture or sale.

  • Product The term “

  • Products 1.1. The information (including but not limited to the quantity, rated hashrate, unit price (“Unit Price”), total price for one item (“Total Price (One Item)”), total price for all the items (“Total Purchase Price”) of Products to be purchased by Party B from Party A is as follows (“Products”):

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