Common use of New Products Clause in Contracts

New Products. If Company or any Affiliate now or hereafter manufactures or distributes, or proposes to manufacture or distribute, any product other than the Products, Company shall immediately notify, or cause such Affiliate to notify, Distributor of that fact and of all details concerning that product. Distributor may request from Company distribution rights for that product in the Territory, or any portion thereof, and if so requested, Company shall grant, or shall cause the subject Affiliate to grant, such distribution rights to Distributor on terms and conditions no less favorable than those provided in this Agreement with respect to Products. If Distributor does not obtain those distribution rights or obtains them only for a portion of the Territory, and Company or an Affiliate later desires to offer those distribution rights for the Territory or any portion thereof to another party, Company shall first, or shall cause such Affiliate to first, make that offer in writing to Distributor on terms and conditions which shall be specified fully in that offer. That offer shall contain a full description of the subject product and its operation. Distributor may request, and Company shall promptly provide, or shall cause such Affiliate promptly to provide, further information concerning the product or the offer. If Distributor fails to accept such offer, Company or the Affiliate may then offer the product to another party for distribution in the Territory, but may not offer it on terms and conditions more favorable than those offered to Distributor. If Company or the Affiliate desires to make a better offer to another party, Company shall first, or shall cause the affiliate first to, make such better offer to Distributor in accordance with the procedure set forth above.

New Products. If Company Supplier or any Affiliate now or hereafter manufactures or distributes, or proposes to manufacture or distribute, any product other than the Products, Company Supplier shall immediately notify, or cause such Affiliate to notify, Distributor of that fact and of all details concerning that product. Distributor may request from Company Supplier distribution rights for that product in the Territory, or any portion thereof, and if so requested, Company Supplier shall grant, or shall cause the subject Affiliate to grantnegotiate, such distribution rights to with Distributor on terms and conditions no less favorable than those provided in this Agreement with respect to Productsgood faith. If Distributor does not obtain those distribution rights or obtains them only for a portion of the Territory, and Company Supplier or an Affiliate later desires to offer those distribution rights for the Territory or any portion thereof to another party, Company Supplier shall first, or shall cause such Affiliate to first, make that offer in writing to Distributor on terms and conditions which shall be specified fully in that offer. That offer shall contain a full description of the subject product and its operationproduct. Distributor may request, and Company Supplier shall promptly provide, or shall cause such Affiliate promptly to provide, further information concerning the product or the offer. If Distributor fails to accept such offer, Company Supplier or the Affiliate may then offer the product to another party for distribution in the Territory, but may not offer it on terms and conditions more favorable than those offered to Distributor. If Company Supplier or the Affiliate desires to make a better offer to another party, Company Supplier shall first, or shall cause the affiliate first to, make such better offer to Distributor in accordance with the procedure set forth above. The price of the offer for these further products shall not be made unreasonably high so as to cause the Distributor to reject such an offer. But shall be inline with all other Distributors pricing and the Suppliers general pricing.

New Products. If Company Supplier or any Affiliate now or hereafter manufactures or distributes, or proposes to manufacture or distribute, any product other than the Products, Company Supplier shall immediately notify, or cause such Affiliate to notify, Distributor of that fact and of all details concerning that product. Distributor may request from Company Supplier distribution rights for that product in the Territory, or any portion thereof, and if so requested, Company Supplier shall grant, or shall cause the subject Affiliate to grant, such distribution rights to Distributor on terms and conditions no less favorable than those provided in this Agreement with respect to Products. If Distributor does not obtain those distribution rights or obtains them only for a portion of the Territory, and Company Supplier or an Affiliate later desires to offer those distribution rights for the Territory or any portion thereof to another party, Company Supplier shall first, or shall cause such Affiliate to first, make that offer in writing to Distributor on terms and conditions which shall be specified fully in that offer. That offer shall contain a full description of the subject product and its operation. Distributor may request, and Company Supplier shall promptly provide, or shall cause such Affiliate promptly to provide, further information concerning the product or the offer. If Distributor fails to accept such offer, Company Supplier or the Affiliate may then offer the product to another party for distribution in the Territory, but may not offer it on terms and conditions more favorable than those offered to Distributor. If Company Supplier or the Affiliate desires to make a better offer to another party, Company Supplier shall first, or shall cause the affiliate first to, make such better offer to Distributor in accordance with the procedure set forth above.

New Products. If Company Supplier or any Affiliate now or hereafter manufactures or distributes, or proposes to manufacture or distribute, any product other than the Products, Company Supplier shall immediately notify, or cause such Affiliate to notify, Distributor Sole Agent of that fact and of all details concerning that product. Distributor Sole Agent may request from Company Supplier distribution rights for that product in the Territory, or any portion thereof, and if so requested, Company Supplier shall grant, or shall cause the subject Affiliate to grant, such distribution rights to Distributor Sole Agent on terms and conditions no less favorable than those provided in this Agreement with respect to Products. If Distributor Sole Agent does not obtain those distribution rights or obtains them only for a portion of the Territory, and Company Supplier or an Affiliate later desires to offer those distribution rights for the Territory or any portion thereof to another party, Company Supplier shall first, or shall cause such Affiliate to first, make that offer in writing to Distributor Sole Agent on terms and conditions which shall be specified fully in that offer. That offer shall contain a full description of the subject product and its operation. Distributor Sole Agent may request, and Company Supplier shall promptly provide, or shall cause such Affiliate promptly to provide, further information concerning the product or the offer. If Distributor Sole Agent fails to accept such offer, Company Supplier or the Affiliate may then offer the product to another party for distribution in the Territory, but may not offer it on terms and conditions more favorable than those offered to DistributorSole Agent. If Company Supplier or the Affiliate desires to make a better offer to another party, Company Supplier shall first, or shall cause the affiliate first to, make such better offer to Distributor Sole Agent in accordance with the procedure set forth above.

New Products. If Company Supplier or any Affiliate now or hereafter ------------- manufactures or distributes, or proposes to manufacture or distribute, any product other than the Products, Company Supplier shall immediately notify, or cause such Affiliate to notify, Distributor of that fact and of all details concerning that product. Distributor may request from Company Supplier distribution rights for that product in the Territory, or any portion thereof, and if so requested, Company Supplier shall grant, or shall cause the subject Affiliate to grant, such distribution rights to Distributor on terms and conditions no less favorable than those provided in this Agreement with respect to Products. If Distributor does not obtain those distribution rights or obtains them only for a portion of the Territory, and Company Supplier or an Affiliate later desires to offer those distribution rights for the Territory or any portion thereof to another party, Company Supplier shall first, or shall cause such Affiliate to first, make that offer in writing to Distributor on terms and conditions which shall be specified fully in that offer. That offer shall contain a full description of the subject product and its operation. Distributor may request, and Company Supplier shall promptly provide, or shall cause such Affiliate promptly to provide, further information concerning the product or the offer. If Distributor fails to accept such offer, Company Supplier or the Affiliate may then offer the product to another party for distribution in the Territory, but may not offer it on terms and conditions more favorable than those offered to Distributor. If Company Supplier or the Affiliate desires to make a better offer to another party, Company Supplier shall first, or shall cause the affiliate first to, make such better offer to Distributor in accordance with the procedure set forth above.