Common use of Strategy Clause in Contracts

Strategy. For each product, develop a detailed description of the offering, identify all direct costs to fulfill/deliver, establish mutually agreeable service levels, and identify additional terms as appropriate. The parties have agreed to split the income, after all direct costs, 60% to the seller and 40% to the non-selling party unless the parties agree otherwise. The parties will pursue each of the products/services described below in the priorities indicated by the commence-activity dates and shall work to develop the required detailed description of each offering by the indicated decision-date. The parties recognize that in light of the detailed descriptions the launch dates may change. For each product that the parties mutually agree to pursue they shall enter into an addendum to this Agreement in the form of Exhibit D-4 or such other writing mutually agreed to and Executed by the Parties that at a minimum contains the information required by Section 6.1.1 of the Agreement and Exhibit D-4. Project details and timeline:

Strategy. For each product, develop a detailed description of the offering, identify all direct costs to fulfill/deliver, establish mutually agreeable service levels, and identify additional terms as appropriate. The parties have agreed to split the income, after all direct costs, 60% to the seller and 40% to the non-selling party unless the parties agree otherwise. The parties will pursue each of the products/services described below in the priorities indicated by the commence-activity dates and shall work to develop the required detailed description of each offering by the indicated decision-date. The parties recognize that in light of the detailed descriptions the launch dates may change. For each product that the parties mutually agree to pursue they shall enter into an addendum to this Agreement in the form of Exhibit D-4 or such other writing mutually agreed to and Executed executed by the Parties that at a minimum contains the information required by Section 6.1.1 of the Agreement and Exhibit D-4. Project details and timeline: