Common use of Right to Use Additional Applications Clause in Contracts

Right to Use Additional Applications. The parties acknowledge that Supplier is in the process of developing a new advertising model for the Product. If Supplier finalizes such advertising model, it shall provide Distributor with the option to purchase the right to use such advertising model in its marketing efforts in the Territory during the Term on terms and conditions to be agreed upon by the parties.

Right to Use Additional Applications. The parties acknowledge that Supplier is in the process of developing a new applications inclusive of advertising model for the Product. If Supplier finalizes such applications including the advertising model, it shall provide Distributor with the option to purchase the right to use sell such applications inclusive of advertising model in its marketing efforts in the Territory during the Term on terms and conditions to be agreed upon by the parties. There will be no additional inventory or stocking requires or licensing fee for such applications.