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. ***.

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: ***.