Common use of Nipro Improvements Clause in Contracts

Nipro Improvements. 8.12.1 In the event that Nipro makes a commercially important improvement to the FreeStyle Products (an "Improvement"), then TheraSense shall have a "right of first refusal" to negotiate the rights to such improvement on commercially reasonable terms. ***.

Appears in 3 contracts

Samples: International Distributor Agreement (Therasense Inc), International Distributor Agreement (Therasense Inc), International Distributor Agreement (Therasense Inc)

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Nipro Improvements. 8.12.1 In the event that Nipro makes a commercially important improvement to the FreeStyle Products (an "Improvement"), then TheraSense shall have a "right of first refusal" to negotiate the rights to such improvement on commercially reasonable terms. For purposes of clarity, examples of Improvements would include without limitation: ***.

Appears in 2 contracts

Samples: International Distributor Agreement (Therasense Inc), International Distributor Agreement (Therasense Inc)

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