Common use of Negotiations with Merchants Clause in Contracts

Negotiations with Merchants. Planet Payment agrees that it will not during the Term of this Agreement or any extension thereof negotiate directly with any Acquirer Merchants in the Designated Territory, with respect to the pricing of any services offered or to be offered under the Acquirer Program, except to the extent that such discussions are undertaken in conjunction with or at the request of Acquirer personnel. Acquirer acknowledges that Planet Payment works with certain multi-national Merchants outside of the Designated Territory, which may also be Acquirer Merchants and also undertakes general marketing and sales on a global basis. Any discussions that Planet Payment personnel may have with any multi-national merchant outside of the Designated Territory and any marketing and sales conducted on a general basis, which would otherwise conflict with the first sentence of this Section shall not be a breach of this Section for any purpose.