New Product Inclusion Clause Samples
The New Product Inclusion clause defines the process and conditions under which additional products may be added to the scope of an existing agreement. Typically, this clause outlines the criteria for proposing new products, the approval process required from both parties, and any adjustments to pricing or terms that may result from such inclusion. By establishing a clear mechanism for expanding the agreement to cover new offerings, this clause ensures flexibility for evolving business needs while maintaining mutual consent and clarity between the parties.
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New Product Inclusion. Frontier agrees to keep Cisco informed of any new products or improvements to existing Products. Frontier shall use best efforts to provide Cisco with ninety (90) days written notice (prior to shipment) of any upgrades to a Product that will alter the form, fit, function or price of that Product. Cisco will notify Frontier if it wishes to add a new product or series of products of Frontier's to this Agreement. Cisco and Frontier shall then proceed to establish pricing and delivery schedules for each of such new Product. Upon agreement of these items, such product(s) shall be considered Products under this Agreement, and shall be purchased and sold under the terms and conditions of this Agreement. Frontier shall notify Cisco when Frontier is first reasonably prepared to ship more advanced technology of a similar Product category to customers, and thereafter Cisco may convert any or all of its future orders of Product to the more advanced technology.
New Product Inclusion. AGE agrees to keep LMS informed of any new products or improvements to existing Products. AGE shall use best efforts to provide LMS with ninety (90) days written notice (prior to shipment) of any upgrades to a Product that will alter the formula, fit, function or price of that Product. AGE will notify LMS if it wishes to add a new product or series of products of AGE's to this Agreement. LMS and AGE shall then proceed to establish pricing and delivery schedules for each of such new Product. Upon agreement of these items, such product(s) shall be considered Products under this Agreement and shall be purchased and sold under the terms and conditions of this Agreement. AGE shall notify LMS when AGE is first reasonably prepared to ship more advanced technology of a similar Product category to customers, and thereafter LMS may convert any or all of its future orders of Product to the more advanced technology.
New Product Inclusion. R2 will notify Seller if it wishes to add a new --------------------- product(s) or series of products of Seller's to this Agreement. If Seller agrees, R2 and Seller shall then proceed to establish pricing, forecast and delivery terms for each of such new product. Upon agreement on these items, the parties will amend this Agreement to include such product(s).
New Product Inclusion. Supplier will keep Gigamon informed of its new products and its roadmap, as specified below. Gigamon will notify Supplier if it wishes to add the new products to this Agreement. Gigamon and Supplier will then proceed to establish pricing and manufacturing schedules for each new Product. Upon agreement, these products will be added to Exhibit A and be considered Products.
New Product Inclusion. Occam shall inform Tellabs of all Natural Successor Products to be introduced after the Effective Date by Occam at the time agreed to during the party’s progress meetings (as required under Section 3.9), but no later than following beta availability of each Natural Successor Product. Tellabs will notify Occam if it wishes to add a Natural Successor Product to the list of BLC Products under this Agreement. Tellabs and Occam will then proceed to establish pricing for each Natural Successor Product added to the list of BLC Products. Upon agreement, the Natural Successor Product will be added to Exhibit A and be considered a BLC Product under this Agreement. The Product Technology relating to each Natural Successor Product added to the list of BLC Products will be provided by Occam to Tellabs in accordance with Section 4.1.
New Product Inclusion. Seller shall promptly inform Exabyte of any new product(s) or improvements to existing Product that Seller expects to offer. Seller will provide early evaluation units of new product(s) or improvements to Exabyte as soon as they are available.