Common use of Product Discontinuance Clause in Contracts

Product Discontinuance. Seller agrees to notify Buyer at least fifteen (15) months prior to the discontinuance of any Products listed in Exhibit A of this Agreement provided Buyer agrees to reasonably cooperate with Seller to shorten this notice period. New Products that are introduced to replace a discontinued Product will be functionally equivalent or better than the Products being replaced, and the terms and conditions in section 10.0. of this Agreement related to functional equivalence will apply to all proposed New Products.

Appears in 4 contracts

Samples: Oem Agreement (Paradyne Networks Inc), Oem Agreement (Paradyne Networks Inc), Oem Agreement (Paradyne Networks Inc)

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