Common use of Rapidly Changing Market Clause in Contracts

Rapidly Changing Market. The Company believes that the market for its products is rapidly changing with evolving industry standards. The Company’s future success will depend in part upon its ability to introduce new products and features to meet changing customer requirements and emerging industry standards. There can be no assurance that the Company will successfully complete the development of future products or that the Company’s current or future products will achieve market acceptance. Any delay or failure of these products to achieve market acceptance would adversely affect the Company’s business. In addition, there can be no assurance that products or technologies developed by others will not render the Company’s products or technologies non-competitive or obsolete.

Appears in 4 contracts

Samples: Investment Agreement (Laserlock Technologies Inc), Investment Agreement (VerifyMe, Inc.), Subscription Agreement (Laserlock Technologies Inc)

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