Territory for OEM’s Clause Samples
The "Territory for OEM’s" clause defines the specific geographic regions or markets in which an Original Equipment Manufacturer (OEM) is authorized to sell, distribute, or market its products. Typically, this clause outlines the boundaries of the territory, which may be limited to certain countries, regions, or even exclusive zones, and may also specify whether the OEM has exclusive or non-exclusive rights within that area. By clearly delineating where the OEM can operate, this clause helps prevent conflicts between multiple distributors or partners, ensures market clarity, and protects the interests of both the OEM and the contracting party by avoiding overlap and competition in designated markets.
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Territory for OEM’s. The parties hereby acknowledge that Subsidiary shall have the right to distribute certain Products to original equipment manufacturers (“OEM(s)”) for incorporation into the OEMs’ products (“OEM Products”), and to distribute such OEM Products along with Masimo Products for use with the OEM Products on a non-exclusive worldwide basis.
Territory for OEM’s. The parties hereby acknowledge that Masimo Americas shall have the right to distribute certain Products to original equipment manufacturers (“OEM(s)”) for incorporation into the OEMs’ products (“OEM Products”), and to distribute such OEM Products along with Masimo Products for use with the OEM Products on a non-exclusive worldwide basis.