Modifications to the Product Sample Clauses
The "Modifications to the Product" clause defines the rules and limitations regarding changes made to a product after its initial delivery or acceptance. Typically, this clause outlines whether modifications are permitted, who has the authority to request or approve changes, and the process for documenting and implementing such modifications. For example, it may specify that any alterations require written consent from both parties or that only certain types of changes are allowed under the agreement. The core function of this clause is to ensure that both parties have a clear understanding of how and when the product can be altered, thereby preventing disputes and maintaining control over the product's final form.
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Modifications to the Product. The Company reserves its right and discretion to discontinue developing, producing, licensing, or distributing the Product, and/or to modify and/or to make changes in the Product, at any time with sixty (60) days prior notice to Agent. It is hereby agreed and declared that any future development or improvement of the Product by the Company or any kind of knowledge in connection with the current applications of the Product shall be solely made and owned by the Company and the Agent shall not have any rights in such developments and/or knowledge. The Company shall keep the Agent reasonably advised of any improvements and modifications of the Product. This provision shall be effective even if such developments and/or knowledge shall be achieved by using the Agent’s funding and even if such developments and/or knowledge shall be achieved during the period of this Agreement.
Modifications to the Product. We reserve the right at any time and from time to time to modify or discontinue, temporarily or permanently, the Product (or any part thereof) with or without notice. You acknowledge and agree that (i) modifications may result in a delay in computations for some of the Product features, and (ii) we shall not be liable to you or to any third party for any modification, suspension, or discontinuance of the Product. The software that you use may from time to time automatically download and install updates from the Product. These updates are designed to improve, enhance, and further develop the Product. You agree to receive such updates (and permit us to deliver these to you) as part of your use of the Product.